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Property prices in Electoral Area B, Nanaimo · Census 2021 and Statistics Canada

Owners in Electoral Area B, Nanaimo value their homes 20% below the median of British Columbia’s towns

At the 2021 census the median home was worth $576,000, where British Columbia’s towns sit at $720,000. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. In 2023, 155 homes changed hands at a median price of $590,000, by Statistics Canada’s count.

Median home value
$576K
owners’ estimate, census 2021
average $654K
Median sale price
$590K
CHSP, 2023
155 buyers
Median assessed value
$618K
all residential, 2024
Owner households
2,095
census 2021
88% of households
What homes are worth

Electoral Area B, Nanaimo’s homes, by three sources

Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms.

Census 2021$576K

median, owners’ estimate

Average
$654K
Owners
2,095
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$590K

median sale price

Average sale
$650K
÷ buyers’ income
4.5×
Buyers
155
British Columbia’s towns
$682K
Assessed, 2024$618K

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).

By type of home

Electoral Area B, Nanaimo’s homes by type: detached houses lead, at 92%

Of Electoral Area B, Nanaimo’s 3,000 residential properties on the 2024 roll, 92% are detached houses.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$705K
Row houses$232K
Mobile homes$441K
Multi-unit properties$796K
The mix of properties
Detached houses92%
Mobile homes4%
Multi-unit properties2%
Row houses1%
1,390 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)

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.

The homes

A town of houses: 94% of the homes in Electoral Area B, Nanaimo stand alone (British Columbia’s towns: 62%)

People lived in 2,375 homes in Electoral Area B, Nanaimo at the 2021 census. Half went up before 2001.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 19614%
1961–198029%
1981–200040%
2001–201521%
2016–20216%
What kind of home

Homes by kind

Single-detached houses94%
Semi-detached houses1%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeys1%
Movable dwellings3%
Against the median town of the province and of Canada
Electoral Area B, NanaimoBritish ColumbiaCanada
Condominiums2%10%8%
Needing major repairs8%6%6%
Too small for the household3%4%3%
Households in core housing need12%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.

Across British Columbia

Electoral Area B, Nanaimo against British Columbia’s towns: 20% under the $720,000 median

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Electoral Area B, Nanaimo’s neighbours by home value

The places around Electoral Area B, Nanaimo at the 2021 census: median and average value, and how many own.

Electoral Area A, NanaimoNanaimoElectoral Area H, Cowichan ValleyElectoral Area C, NanaimoElectoral Area A, NanaimoNanaimoElectoral Area H, Cowichan ValleyElectoral Area C, NanaimoElectoral Area B, Nanaimo
Prices next door
TownMedian home valueAverageOwnerskm
Electoral Area B, Nanaimo$576K$654K88%
Electoral Area A, Nanaimo$685K$712K84%9.5
Nanaimo$600K$626K67%14.5
Electoral Area H, Cowichan Valley$800K$888K89%16.3
Electoral Area C, Nanaimo$900K$984K84%17.8

Census 2021 values; km.

Questions about property prices in Electoral Area B, Nanaimo

Is Electoral Area B, Nanaimo expensive for British Columbia?

Less than most: British Columbia’s towns have a median of $720,000, and Electoral Area B, Nanaimo sits below it.

How many households in Electoral Area B, Nanaimo are in core housing need?

In Electoral Area B, Nanaimo, 12% of households are in core housing need, close to the 10% of British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

What is the average house price in Electoral Area B, Nanaimo?

Buyers paid $650,000 on average in 2023, or 4.5 years of their income at the median.

Can I see individual sales or prices by street?

No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).