Photo: This image is Image Number 937549 at Mushroom Observer , a source for mycological images. · CC BY-SA 3.0Buyers in Lantzville pay 32% above the median sale of British Columbia’s towns
In May 2021 the median owned home was worth $850,000 by its owner’s reckoning, the average one $976,000. No sale stands behind these values: owners named them at the census of May 2021. Assessors valued the median residential property at $927,000 for 2024.
What Lantzville’s homes are worth, three ways
Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $976K
- Owners
- 1,320
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $1.06M
- ÷ buyers’ income
- 4.7×
- Buyers
- 100
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Lantzville’s detached houses are assessed 27% above the median of British Columbia’s towns
Detached houses account for 91% of the 1,470 properties on Lantzville’s 2024 roll.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
A town of houses: 94% of the homes in Lantzville stand alone (British Columbia’s towns: 62%)
People lived in 1,520 homes in Lantzville at the 2021 census. Half went up before 1981.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Lantzville | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 1% | 10% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 7% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Lantzville permitted 27.6 new homes a year per 1,000, above the 18.1 of British Columbia’s towns
Lantzville issued permits for 126 new homes from 2021 to 2023, or about 42 a year. Single-unit buildings took 74% of them, where British Columbia’s towns built 27%.
A peak in 2022: 60 new homes
New homes a year per 1,000 homes
Up 79%: 977 new homes in the year to August 2026
Monthly permits for the Nanaimo metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Lantzville against British Columbia’s towns: 18% over the $720,000 median
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Lantzville: Nanaimo and Parksville
The places around Lantzville at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lantzville | $850K | $976K | 87% | |
| Fairwinds | $900K | $1.01M | 91% | 7.6 |
| Electoral Area C, Nanaimo | $900K | $984K | 84% | 7.7 |
| Nanaimo | $600K | $626K | 67% | 9.9 |
| Parksville | $600K | $595K | 73% | 18.8 |
Census 2021 values; km.
Questions about property prices in Lantzville
How many households in Lantzville are in core housing need?
Statistics Canada puts 7% of Lantzville’s households in core housing need, a smaller share than the 10% of British Columbia’s towns.
Is Lantzville expensive for British Columbia?
On census values, Lantzville ranks among the dearer of British Columbia’s towns (median $720,000).
What is the average house price in Lantzville?
The average sale was $1,060,000 in 2023, and at the median, buyers paid 4.7 times their income.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).