Oak Bay, BC Housing Statistics

C+

9%

Med. Home Val. NAT. AVG.

100%

Rent NAT. AVG.

14%

Owner Occ. NAT. AVG.

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Oak Bay Housing Information

Index	Oak Bay	British Columbia	National
Median home price	$726,261	$924,563	$665,961
Median rent asked	n/a	$2,529	$2,146
Avg. people per household	2.2	2.5	2.5
Owner occupied households	76.9%	67.5%	67.6%
Renter occupied households	23.1%	32.3%	32.0%

Housing Quick Facts

The median home price in Oak Bay is 9% higher than the national average.
The median rent asked in Oak Bay is 100% lower than the national average.
The average number of people per household in Oak Bay is 12% lower than the national average.
The number of owner occupied households in Oak Bay is 14% higher than the national average.
The number of renter occupied households in Oak Bay is 28% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Saanich, BC	125,800	$703,671	6%
Malahat 11, BC	179	$706,730	6%
Central Saanich, BC	18,572	$719,799	8%
Juan de Fuca (Part 1), BC	5,096	$732,134	10%
New Songhees 1A, BC	1,935	$736,334	11%
Oak Bay, BC	18,885	$726,261	9%

Cities with similar population

	Population	Home Price	National Avg.
Greater Vancouver A, BC	18,924	$723,719	9%
Sainte-Catherine, QC	19,000	$459,694	31%
Midland, ON	18,769	$655,972	1%
Port Alberni, BC	19,018	$711,244	7%
Saint-Colomban, QC	19,057	$447,108	33%
Oak Bay, BC	18,885	$726,261	9%

Source: The Oak Bay, BC housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.