Track current market conditions for detached houses in Nanaimo, Lantzville, Nanoose Bay, Parksville, Qualicum Beach, Errington, Coombs, Qualicum Bay, Bowser, Cedar, Gabriola Island, Ladysmith and Chemainus, including asking-price ranges, price per square foot, days on market and active inventory for single-family homes listed through the Vancouver Island Real Estate Board. These figures come from current MLS® data and refresh as houses are listed, sold or repriced.
Nanaimo and Parksville house market caution: Detached homes here run from small older houses in south Nanaimo and Chemainus to oceanfront estates in Nanoose Bay and Lantzville and hobby farms in Errington and Cedar, so a few high-end or acreage listings can move the average sharply. Homes on large rural parcels also inflate price per square foot, because the land carries much of the value. Compare houses of similar age, lot and setting within one community.
Nanaimo & Parksville House Market Single-family homes in Nanaimo, the Oceanside towns, Ladysmith, Chemainus and the rural communities around them
How to Read the Numbers
Understanding Nanaimo and Parksville House Market Data
House figures here mix city subdivisions, retirement towns and rural acreage, and each pulls the numbers differently.
01
City Homes Set the Base
Nanaimo neighbourhoods such as Uplands, Pleasant Valley, Harewood, Chase River and Departure Bay supply most listings, so their family homes and basement-entry houses with suites shape the middle of the range more than any other part of the area.
02
Single-Level Demand in Oceanside
In Parksville, Qualicum Beach and Nanoose Bay, ranchers and other single-level homes attract retiring buyers and are often priced higher per square foot than larger two-storey houses of the same age. Fairwinds and Eaglecrest add custom homes at the upper end.
03
Land, Water and Distance
Rural houses in Cedar, Yellow Point, Errington, Coombs, Bowser and on Gabriola come with acreage, wells and septic systems. Their asking prices reflect land, outbuildings and water supply, so they are best compared with other rural homes rather than with town lots.
04
Active Listings, Not Sold Prices
These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.