Nanaimo Real Estate
Nanaimo Land.
Lots and land for sale in Nanaimo currently ask from about $125K to $3.7M, and the typical lot is around 0.2 acres. About half of the listings are in University District, North Nanaimo and South Nanaimo, with the rest spread across Cedar, Hammond Bay and other parts of the city. Most are priced at the lower end, so narrowing by area first saves time.
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Lots and Land for Sale in Nanaimo, BC
Browse lots and land across Nanaimo, from smaller parcels at modest asking prices to larger properties priced well above the typical ask. Listings change daily, so use the area and price filters to narrow the search.
Most lots and land listings in Nanaimo are priced under $500K, and that lower band is where the choice is widest. About a quarter sit between that mark and $1M, and a smaller group goes higher still. University District and North Nanaimo carry the most listings, followed by South Nanaimo, Cedar and Hammond Bay, so those areas are a practical place to start.
The median ask for lots and land in Nanaimo is about $465K, so roughly half of the listings sit below that and half above. The spread is wide: entry-level parcels cost a fraction of the median, while the highest-priced properties ask several times that. If you are comparing, the middle of the range is where most area medians fall, which makes it a useful reference point.
University District has the most listings, with a median ask of $450K, just under the citywide figure. North Nanaimo is close behind in volume but priced higher, with a median around $725K. South Nanaimo has the lowest median of the main areas at $399K. Cedar, at about $568K, and Hammond Bay, at about $515K, have fewer listings and sit in the middle of that spread.
Area is the clearest guide to what a budget buys. South Nanaimo and University District offer the lowest asking prices among the busiest areas, with medians below the citywide figure, while North Nanaimo is where asking prices run highest. Zoning, services and access vary from lot to lot, so check those details on each listing before comparing asking prices.
Nanaimo market at a glance
Across all property types in Nanaimo, 77 sales were recorded in September 2026, down from 137 in August. The median time on market in September was 32 days, compared with 39 days the month before.