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.


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Homes from $325,000- $350,000

  • 4064 VALEWOOD DRIVE in NANAIMO: House for sale : MLS® # 431834

    Main Photo: 4064 VALEWOOD DRIVE in NANAIMO: House for sale : MLS® # 431834
    • Huge Garage
    • Secured Entrance
    • Common Clubhouse
    Single Family
    MLS® Num:
    Floor Area:
    1,330 sq. ft.
    This must see upgraded rancher in the quiet gated adult community of Deerwood Park Estates. A total of 1330 SF offers 2 extra large bedrooms and a Den, 2 baths (ensuite has a walk in shower) open concept living, dining and kitchen area with lots of natural light. It has a well-designed kitchen with plenty of cabinets. The living room is a great size and has a natural gas fireplace. French doors off the dining/nook area lead to a covered patio plus another larger rear deck is off the Master Bedroom accessed through french doors as well. This home is set on a very large lot giving a beautiful private backyard. Although there's a single car garage and door; there is additional workshop space inside; it has a double wide driveway for loads of parking. Deerwood is a popular adult community in Nanaimo with beautiful landscaping, a large community clubhouse and beautifully maintained rancher style homes. Deerwood is conveniently located near shopping malls, golf courses and medical offices. All measurements are approximate, please verify if important. (id:2493) More details
    Kristin McDonald
Listing information last updated on October 19, 2017
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