Real Estate Market in Nanaimo, BC

As diverse as the history and the economy is here, so is the real estate market. Buying in Nanaimo provides residents with incredible views and access to the Strait of Georgia, sandy, coastal homes, and peaceful bays with marina access.

When considering what to buy in Nanaimo, buyers have numerous options. Along the outskirts of town are larger properties many that are still farmland. This is also where many new developments are springing up in Nanaimo. For more traditional housing, select properties in the historic district and downtown areas. Homes are smaller but offer more traditional features. Many homes were built in the 1970's through the 1990's. As a result, modern, stylish homes are also available in various neighborhoods within the city.


Home values are growing year-after-year in Nanaimo but remain affordable. The average selling price for real estate in October of 2015 was $380,054, which is about a 1% increase from the previous year. In the same month, about 380 homes were for sale, significantly lower than the 443 from the previous year. This shows the demand for real estate in Nanaimo and the surrounding areas. From single-family homes with 2 and 3 bedrooms (some of the most popular), to large, luxurious estates on spacious parcels of land, numerous options exist in this area.


Select the Link below to begin your search!!

Homes from $300,000-$325,000

  • 441 IRWIN STREET in NANAIMO: House for sale : MLS® # 433135

    Main Photo: 441 IRWIN STREET in NANAIMO: House for sale : MLS® # 433135
    Single Family
    MLS® Num:
    Floor Area:
    1,440 sq. ft.
    MAKE A GREAT Start!..Perfect first time buyer or investment home! ... Ocean view 3 (or 4) bedroom home built in 1996... Quiet location on a mature street in south Nanaimo, walk to all amenities, schools and services. Open style floor plan is bright and very functional, nice ocean views and lots of parking for your vehicles and RV. There's also a brand new roof (installed Oct 2017). The separate entrance lower level is a 2 bedroom self contained unit that features a walk-out (onto ground level grade). Currently has tenants up and down that would like to stay! .... Great value here, so why not make a great start! (id:2493) More details
    RYAN DOUGLAS of Pemberton Holmes Ltd.
    Kristin McDonald
Listing information last updated on November 20, 2017
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.