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Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

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Home/Hot deals/Vancouver Island & the Gulf Islands/Nanaimo

Vancouver Island & the Gulf Islands · updated hourly

Where the asking price looks favourable in Nanaimo.

31 active Nanaimo listings score at 55 or higher against comparable sales, price-cut history, and market context. The cards below are the top of that field, ranked against the whole of it.

Scored listings

31

Strong value

13

Median asking

$775K

Average score

71.8

Two things are being measured. The score out of 100 says how the asking price holds up against comparable sales. The standing on each card says how rare that score is in that city, counted against every scored listing there rather than the handful shown. Only listings with at least three comparable sales appear at all, because a score with nothing to compare against is not a score. All of it is a starting point for your own diligence, not financial advice.

13 of them reach 75 or higher, which reads as strong value, about 42% of what is scored here.

The median asking price across them is $775,000.

The average score is 71.8. Figures reflect current asking prices on active listings and refresh on the hour.

The top of the board in Nanaimo

Strong value
Highest scoring of 31 scored in Nanaimo

$699,000

85

Nanaimo

4 bd · 3 ba · 2,030 sqft

Asking / sqft

$344

Comparable median

$459

Below 50 comps

25.1%

Listed by Sutton Group-West Coast Realty (Nan)MLS® 1040075
Strong value
Top 7% of 31 scored in Nanaimo

$699,900

85

Nanaimo

3 bd · 3 ba · 1,734 sqft

Asking / sqft

$404

Comparable median

$609

Below 50 comps

33.7%

Listed by Royal LePage Island Living (PK)MLS® 1038024
Strong value
Top 10% of 31 scored in Nanaimo

$825,000

85

Nanaimo

3 bd · 2 ba · 1,769 sqft

Asking / sqft

$466

Comparable median

$594

Below 50 comps

21.5%

Listed by The AgencyMLS® 1039645
Strong value
Top 13% of 31 scored in Nanaimo

$949,000

85

Nanaimo

5 bd · 3 ba · 2,459 sqft

Asking / sqft

$386

Comparable median

$535

Below 50 comps

27.8%

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)MLS® 1038278
Strong value
Top 17% of 31 scored in Nanaimo

$949,900

85

Nanaimo

6 bd · 3 ba · 2,301 sqft

Asking / sqft

$413

Comparable median

$600

Below 50 comps

31.1%

Listed by Stonehaus Realty Corp.MLS® 1042051
Strong value
Top 20% of 31 scored in Nanaimo

$1,338,000

85

Nanaimo

5 bd · 3 ba · 3,209 sqft

Asking / sqft

$417

Comparable median

$549

Below 50 comps

24%

Listed by REMAX Professionals (NA)MLS® 1039666
Strong value
Top 23% of 31 scored in Nanaimo

$445,000

84

Nanaimo

2 bd · 2 ba · 1,094 sqft

Asking / sqft

$407

Comparable median

$543

Below 50 comps

25.1%

Listed by eXp Realty (NA)MLS® 1039737
Strong value
8 of 31 scored in Nanaimo

$479,000

84

Nanaimo

2 bd · 2 ba · 995 sqft

Asking / sqft

$481

Comparable median

$687

Below 50 comps

29.9%

Listed by REMAX Professionals (NA)MLS® 1032249
Strong value
9 of 31 scored in Nanaimo

$600,000

84

Nanaimo

3 bd · 2 ba · 1,176 sqft

Asking / sqft

$510

Comparable median

$789

Below 50 comps

35.4%

Listed by eXp Realty (NA)MLS® 1038323
Strong value
10 of 31 scored in Nanaimo

$899,900

84

Nanaimo

5 bd · 4 ba · 2,534 sqft

Asking / sqft

$355

Comparable median

$466

Below 50 comps

23.8%

Listed by Sutton Group West Coast RealtyMLS® 1040037
Strong value
11 of 31 scored in Nanaimo

$379,900

84

Nanaimo

3 bd · 2 ba · 1,216 sqft

Asking / sqft

$312

Comparable median

$630

Below 50 comps

50.4%

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)MLS® 1041086
Strong value
12 of 31 scored in Nanaimo

$395,000

83

Nanaimo

3 bd · 2 ba · 1,182 sqft

Asking / sqft

$334

Comparable median

$702

Below 50 comps

52.4%

Listed by Century 21 Harbour Realty Ltd.MLS® 1021834
Strong value
13 of 31 scored in Nanaimo

$358,000

75

Nanaimo

2 bd · 2 ba · 1,092 sqft

Asking / sqft

$328

Comparable median

$628

Below 50 comps

47.8%

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)MLS® 1039415
Good value
14 of 31 scored in Nanaimo

$1,198,000

74

Nanaimo

6 bd · 4 ba · 3,329 sqft

Asking / sqft

$360

Comparable median

$449

Below 50 comps

19.9%

Listed by REMAX Professionals (NA)MLS® 1038005
Good value
15 of 31 scored in Nanaimo

$700,000

70

Nanaimo

4 bd · 4 ba · 2,147 sqft

Asking / sqft

$326

Comparable median

$364

Below 50 comps

10.3%

Listed by eXp RealtyMLS® 1039053
Good value
16 of 31 scored in Nanaimo

$375,000

70

Nanaimo

2 bd · 2 ba · 952 sqft

Asking / sqft

$394

Comparable median

$443

Below 50 comps

11.1%

Listed by REMAX Professionals (NA)MLS® 1038104
Good value
17 of 31 scored in Nanaimo

$399,900

68

Nanaimo

1 bd · 1 ba · 576 sqft

Asking / sqft

$694

Comparable median

$928

Below 50 comps

25.2%

Listed by eXp Realty (NA)MLS® 1025214
Good value
18 of 31 scored in Nanaimo

$790,000

65

Nanaimo

3 bd · 0 ba · 2,019 sqft

Asking / sqft

$391

Comparable median

$554

Below 50 comps

29.3%

Listed by Royal LePage Nanaimo Realty LDMLS® 1040247
Good value
19 of 31 scored in Nanaimo

$775,000

63

Nanaimo

3 bd · 2 ba · 1,934 sqft

Asking / sqft

$401

Comparable median

$423

Below 50 comps

5.3%

Listed by REMAX Professionals (NA)MLS® 1033377
Good value
20 of 31 scored in Nanaimo

$620,000

62

Nanaimo

3 bd · 2 ba · 2,345 sqft

Asking / sqft

$264

Comparable median

$417

Below 50 comps

36.7%

Listed by eXp Realty (NA)MLS® 1038856
Good value
21 of 31 scored in Nanaimo

$724,900

62

Nanaimo

5 bd · 2 ba · 2,191 sqft

Asking / sqft

$331

Comparable median

$685

Below 50 comps

51.7%

Listed by eXp RealtyMLS® 1028849
Good value
22 of 31 scored in Nanaimo

$875,000

62

Nanaimo

5 bd · 3 ba · 2,364 sqft

Asking / sqft

$370

Comparable median

$638

Below 50 comps

42%

Listed by REMAX Professionals (NA)MLS® 1042556
Good value
23 of 31 scored in Nanaimo

$879,000

62

Nanaimo

3 bd · 3 ba · 2,540 sqft

Asking / sqft

$346

Comparable median

$471

Below 50 comps

26.6%

Listed by RE/MAX 2000 RealtyMLS® 1040969
Good value
24 of 31 scored in Nanaimo

$899,900

62

Nanaimo

5 bd · 3 ba · 2,316 sqft

Asking / sqft

$389

Comparable median

$573

Below 50 comps

32.1%

Listed by 460 Realty Inc. (NA)MLS® 1039532

Smart search

Deals in Nanaimo move quickly.

The listings on this page change daily. Set your search once and the ones worth seeing come to you instead.

Alerts when it matters

A new listing, a price drop or an open house in what you are watching, sent as it happens.

A shortlist that stays put

Save homes as you find them and they are still there next week, on any device.

Your own dashboard

Compare what you saved side by side, with the mortgage math and neighbourhood detail attached.

Or build your search properly →

A few questions about budget, area and must-haves, and the shortlist is built around your answers.

NANAIMO ALERTS

1 / 3

What do you want to hear about?

Pick as many as you want. You can change this later.

New listings

The moment something comes to market

Price drops

When a seller cuts their asking price

Open houses

Before you plan your weekend

Other Vancouver Island & the Gulf Islands cities

Vernon

27 scored · median $670K

Avg score 72.6 →

Langford

20 scored · median $590K

Avg score 66.2 →

Duncan

12 scored · median $575K

Avg score 69 →

Port Alberni

11 scored · median $589K

Avg score 67.7 →

Courtenay

10 scored · median $697K

Avg score 71.9 →

Saanich

10 scored · median $472K

Avg score 66.3 →

Campbell River

9 scored · median $785K

Avg score 67.3 →

Victoria

8 scored · median $392K

Avg score 74.1 →

Ladysmith

7 scored · median $790K

Avg score 74.6 →

What paying for a home in Nanaimo looks like

Nanaimo households earn a median of $75,500 a year, and owners here carry a median shelter cost of $1,170 a month, about 19% of that income before tax.

24% of Nanaimo households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.

Owners hold 67% of Nanaimo homes and renters the other 33%.

The census valued the average Nanaimo dwelling at $625,500 in 2021. The median asking price among the listings scored here is $775,000, 24% above that figure. Census values are self-reported and four years old, so read the gap as context rather than a measure of the market today.

Source: Statistics Canada, 2021 Census of Population, census subdivision level.

How a deal earns its place

Scored out of 100 against comparable sales, price history and market context, then ranked against every other scored listing in the same city. Nothing is hand-picked and no listing can pay to appear.

See the full method and browse every region

All Nanaimo listingsNanaimo market reportVancouver Island & the Gulf Islands

Source: BCRES MLS® via Bridge Interactive. Listing content is provided under MLS® Reciprocity and is deemed reliable but not guaranteed accurate. Scores reflect current asking prices on active listings and refresh on the hour. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of CREA.