Fernwood Real Estate

Eclectic arts district with heritage homes and community spirit

Fernwood

Victoria

Eclectic arts district with heritage homes and community spirit
$897K
Median SOLD price
3 month
19
active now
26
avg. day on market
+29.5%
Yoy median price change
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Victoria

Fernwood is an eclectic arts district in Victoria with heritage homes and a tight community spirit centred on the Belfry Theatre and Fernwood Square. Stadacona Park, the Cornerstone Café, and the long-running Fernwood NRG community programs give the area its identity, with downtown a 15-minute walk. Fernwood real estate is dominated by 1890s and early-1900s character homes, many converted to up-and-down suites, plus a sprinkling of small low-rise condo buildings near Fort Street. There are 5 homes for sale at a median of $1.10M. Houses move in 33 days, with prices year-over-year. Browse every Fernwood listing below with sold data and live market stats. Explore the live Fernwood market dashboard for 24-month price trends, inventory and days-on-market.

Fernwood

Market Pulse

Live Data
$571
Avg Price per Sqft
-4.9% YoY · May–Jul 2026
26
Avg. Days on Market
-20.0% YoY · May–Jul 2026
101.0%
Avg. Sale-to-Assessed Ratio
Trailing 3 months
96.5%
Avg. Sale-to-List Ratio
Below list · May–Jul 2026

Months of Inventory (MOI)

The time it would take to sell all current listings at the current sales pace. Responsive to filters.

— MOI
Seller's (< 4) Balanced (4-6) Buyer's (> 6)
Current Status
From live data
Sales Volume 12 months
22 Sales · Apr 2025
Monthly Sales Trend
12-month rolling · Updated live
22 Sales · Apr 2025
Median Sale Price 12 months
$1.2M Median · Apr 2025
Median Price Trend
12-month rolling · Updated live
$1.2M Median · Apr 2025
market analysis

How the Fernwood market is moving

Median sold prices in Fernwood are up 22.4% compared with a year ago, and homes trade at a median of $603 per square foot. By property type, Fernwood sees single-family homes around $1.10M, condos around $504K, townhomes around $745K. Recently, 15% of sales closed above the asking price, with homes averaging 35 days on market. Sale prices have been running near 101% of BC Assessment value. Sales activity tends to peak around April and is quietest around November, a useful signal for timing a purchase or sale.

Questions about

Fernwood

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DUSTIN MILLER
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on the market

Active Listings

Browse current properties for sale in this municipality

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

transaction history

Recently Sold in

Fernwood

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

the neighbourhood

Living in Fernwood

Character & community

Fernwood is one of Victoria's most characterful inner-city neighbourhoods, an eclectic, arts-minded community wrapped around the landmark Belfry Theatre and the cafés, co-op grocery and small shops of Fernwood Square. The long-running Fernwood NRG community association gives the area an unusually strong civic identity, and a young, creative mix of residents keeps the streets lively year-round.

Homes & housing stock

The housing is dominated by heritage and character homes from the 1890s through the early 1900s, gabled Victorians and Arts-and-Crafts bungalows on compact, walkable lots. Many have been thoughtfully restored or converted into up-and-down suites, making Fernwood popular with both owner-occupiers and investors. A scattering of low-rise character conversions and newer infill condos near Fort Street rounds out the options.

Lifestyle & getting around

Downtown Victoria is a 15-minute walk away, and Fernwood is genuinely walkable and bike-friendly, with Stadacona Park, the Cornerstone Café and the Belfry all within easy reach. It suits buyers who want heritage charm, a tight community feel and car-light living close to the core.

Buying & selling in Fernwood

Character homes with legal or roughed-in suites are the most sought-after product here, and well-presented heritage houses tend to draw strong interest. Because lots and floor plans vary so much street to street, pricing benefits from neighbourhood-specific comparables, see the live Fernwood market data above for current medians, days-on-market and recent sales.

by property type

Fernwood homes by type

Fernwood Townhomes for Sale

2 for sale
median $745K

Fernwood townhomes sold prices & stats →
listings

Fernwood homes for sale & sold prices

The 10 most recent home sales in Fernwood had a median sold price of $816,250. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

12 homes for sale in Fernwood
10 recent sales in Fernwood
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More Victoria neighbourhoods

All Victoria homes for sale →
questions & answers

Fernwood real estate FAQ

What is Fernwood known for?
Fernwood is known as Victoria's arts and heritage district, home to the Belfry Theatre, the shops and cafés of Fernwood Square, the Fernwood NRG community organization, and a dense stock of restored 1890s-1900s character homes within walking distance of downtown.
Is Fernwood a good place to live?
Fernwood appeals to buyers who value heritage character, walkability and a strong community feel. It is one of Victoria's most walkable inner neighbourhoods, with downtown about 15 minutes on foot, an active arts scene, and parks like Stadacona close by.
Is Fernwood a buyer's or seller's market right now?
Fernwood is currently a seller's market with 2.5 months of inventory (MOI). There are 19 active listings and approximately 4 sales in the last 30 days, indicating low inventory favouring sellers. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Fernwood?
The current median home price in Fernwood is $823K. This is up 22.4% compared to the same period last year. This is based on 124 sales over the past 12 months.
How should I price my home in Fernwood?
Homes in Fernwood are currently selling at 98.2% of their list price, with an average of 35 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 15% sold above list price and 71% sold below.
How long do homes take to sell in Fernwood?
Homes in Fernwood currently take an average of 35 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Fernwood?
The median price per square foot in Fernwood is $603. This metric is useful for comparing value across different property sizes and types.
Are homes in Fernwood selling above or below assessed value?
Homes in Fernwood are selling at an average of 101.0% of their BC Assessment value (based on 15 recent sales). Homes are selling close to their BC Assessment values, suggesting assessments are reasonably aligned with market conditions.
How many homes are selling in Fernwood?
In the last 30 days, 4 homes sold in Fernwood. Over the past 12 months, 124 properties have sold. There are currently 19 active listings on the market.
Are real estate sales increasing or decreasing in Fernwood?
Sales volume in Fernwood has been decreasing over the last 3 months: May 2026 (9 sales), Jun 2026 (10 sales), Jul 2026 (4 sales). Over the full 12-month period, there were 124 total sales.
How many homes, condos, and townhomes are for sale in Fernwood?
There are currently 19 properties for sale in Fernwood, including 5 single family homes, 5 condos, 2 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in Fernwood?
The median single family home price in Fernwood is $1.10M. The single family market is currently a seller's market with 1.4 months of inventory. Houses take an average of 33 days to sell. The median price per square foot is $616. Browse all 5 houses currently for sale in Fernwood to see what is on the market.
What is the condo market like in Fernwood?
The median condo price in Fernwood is $504K. The condo market is currently a seller's market with 3.8 months of inventory. Condos take an average of 37 days to sell. The median price per square foot for condos is $587. There were 41 condo sales in the past 12 months. There are 5 condos for sale in Fernwood right now.
What is the townhome market like in Fernwood?
The median townhome price in Fernwood is $745K. The townhome market is currently a seller's market with 1.2 months of inventory. Townhomes take an average of 32 days to sell. The median price per square foot is $660. There were 14 townhome sales in the past 12 months.
What homes have recently sold in Fernwood and for how much?
There have been 124 homes sold in Fernwood over the past 12 months, with 4 selling in the last 30 days. The median sold price is $823K. Recent median sold prices: May 2026: $820K, Jun 2026: $830K, Jul 2026: $1.24M. Every sale is listed in the recently sold section on this page, with photos, sold prices, and days on market.
What houses have recently sold in Fernwood?
55 houses have sold in Fernwood over the past 12 months, with 3 selling in the last 30 days. The median sold price for houses is $1.10M. Recent median prices: May 2026: $953K, Jun 2026: $1.10M, Jul 2026: $1.35M. Individual house sales are listed in the recently sold section on this page.
What condos have recently sold in Fernwood?
41 condos have sold in Fernwood over the past 12 months. The median sold price for condos is $504K. Recent median prices: May 2026: $453K, Jun 2026: $410K. Individual condo sales are listed in the recently sold section on this page.
What townhomes have recently sold in Fernwood?
14 townhomes have sold in Fernwood over the past 12 months, with 1 selling in the last 30 days. The median sold price for townhomes is $745K. Recent median prices: Apr 2026: $749K, May 2026: $820K, Jun 2026: $788K. Individual townhome sales are listed in the recently sold section on this page.
19 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate