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Nanaimo

Why you'd want to live in Nanaimo

Moving to Nanaimo has been the first choice for many Canadians residing in British Columbia and other provinces. The population has steadily increased by over 5% annually, with an estimated population of over 160,000 in the Nanaimo Regional District. The city of Nanaimo's population is 90,504 as of the 2016 census.The median age of the people in Nanaimo is around 45 years old. This city offers one of the best lifestyles for retirees and families looking to relocate to a safe West Coast community with excellent outdoor activities, without the congestion and stress of a major city. Nanaimo offers a world of opportunities for both yourself and your family. This beautiful West Coast city is known as the Harbour City and provides some of the best living conditions in all of Canada. From the outdoor activities, cultural history, mild climate to phenomenal schools, Nanaimo has something to offer people from all walks of life. The variety of communities allows individuals to choose from modern oceanfront homes in Dover bay, peaceful mountainside dwellings in Pleasant Valley, luxurious harbour view condos, and picturesque lakefront properties near Brannen Lake. Whether you're a family, retiree, or student looking for the very best Canada has to offer, look no further than relocating to Nanaimo, B.C.

Nanaimo Market Report

$920,756

AVERAGE PRICE OF 893 HOMES

$1,728,971

AVERAGE PRICE OF 250 MULTI-MILLION DOLLAR HOMES

$891,983

AVERAGE PRICE OF 87 NEWLY BUILT HOMES

$1,284,654

AVERAGE PRICE OF 13 HOMES WITH A POOL

$760,562

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $920,756
Avg Bedrooms 2.7 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $418,188
2 bedrooms $525,812
3 bedrooms $835,818
4 bedrooms $1,095,932
5 bedrooms $1,165,793
Nanaimo Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 882 814 747 675 564
Average Price $925,932 $897,266 $876,486 $866,900 $888,750
Avg Price Change +3.19% +2.37% +1.11% -2.52% -4.77%
Median Price $754,661 $752,507 $726,190 $704,394 $718,426
Med Price Change +0.29% +3.62% +3.09% -1.99% -3.38%
Avg Bedrooms 2.75 beds 2.72 beds 2.63 beds 2.6 beds 2.52 beds
Avg Bathrooms 2.07 baths 2.03 baths 1.98 baths 1.98 baths 1.91 baths
Total Homes Average Price Avg Days on Site
All Homes 893 $920,756 60 days
Multi-Million Dollar Homes 250 $1,728,971 62 days
Newly Built Homes 87 $891,983 66 days
Homes with a Pool 13 $1,284,654 51 days
Reduced Price Homes 43 $760,562 49 days