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$1,234,000Victoria neighbourhood · British Columbia
Fernwood Real Estate Fernwood Square, the Belfry and character homes close to town
Fernwood is Victoria’s most neighbourly village: a small square with a theatre, a pub and a café, surrounded by colourful character houses and community gardens, all a short ride from Downtown.
Median detached price$1.04M (past year)
Detached median days on market22
MLS® areaVictoria › Fernwood
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The story
What is it like to live in Fernwood?
A square where people stop to talk.
Fernwood Square is the heart of the neighbourhood, with the Belfry Theatre in a former church, the Fernwood Inn and a few cafés where you’ll run into neighbours. The streets around it are lined with early 1900s houses, many painted in bright colours, plus duplexes and a few small condo buildings.
It suits people who want a strong community, a house with character and a short walk or bike ride Downtown, without Fairfield prices. The trade-off is that many homes are old and some lots are small, so expect to budget for upkeep.
Where you’ll find it
Where is Fernwood?
East of Central Park, west of Jubilee.
Fernwood sits northeast of Downtown, between Central Park and Jubilee, with Rockland to the south and Oaklands to the north. Fernwood Road and Gladstone Avenue meet at the square, and Fort Street runs along the southern edge.
VillageFernwood Square
Green spaceSpring Ridge Commons and Stadacona Park
DowntownAbout 10 minutes by bike
FERNWOOD · THE PAST 12 MONTHS
How much do homes cost in Fernwood?
What sold, and how fast.
From November 2025 to November 9, 2026, the Fernwood report recorded 64 sold and pending listings: 60 sold and 4 pending. Here’s the breakdown by property type.
| Property type | Sold + pending | Sold / pending | Median price | Typical range | Median days on market | Sale-to-list |
|---|---|---|---|---|---|---|
| Detached homes | 34 | 33 / 1 | $1,039,550 | $814,750–$1,240,000 | 22 | 98% |
| Townhomes | 8 | 6 / 2 | $749,500 | $722,500–$795,625 | 22.5 | 98.2% |
| Condos / apartments | 12 | 12 / 0 | $425,200 | $373,500–$504,250 | 28 | 97% |
| Duplexes, triplexes & fourplexes | 10 | 9 / 1 | $887,500 | $847,500–$1,155,000 | 26.5 | 97.1% |
Reading the numbers
Detached homes made up 34 of Fernwood’s 64 sold and pending records, with a median price of $1,039,550 and a median of 22 days on market. Townhomes had a median of $749,500 across 8 records, at 22.5 median days. Condos had a median of $425,200 across 12 records, at 28 median days. Across all property types, homes sold for a median of 97.5% of their final list price; 17% sold over asking, and 19% had a price reduction before selling.
Source: VREB MLS® sold and pending records for Fernwood, November 2025 to November 9, 2026, via Matrix, compiled by Robin Scrimger. Pending means sold firm but not yet transferred to the buyer; pending prices are the agreed sale price. Sale-to-list compares the sale price with the final list price. The typical range is the middle half of prices; categories with fewer than four records show the full range. Medians are not the MLS® HPI benchmark or an appraisal, and categories with fewer than five records can swing on a single sale.
Ask Robin for comparable sales on your street
Robin’s read
Fernwood is the value play for character-house buyers. Its 34 detached homes had a $1.04 million median, about $450,000 below Fairfield West, and sold in a median of 22 days, nearly as fast. Duplexes are a real part of this market too, with 10 records at an $887,500 median, which makes Fernwood one of the better places in the city to buy with a suite or a partner. Demand is steady; plan on competition for well-kept homes near the square.
How Fernwood compares with nearby neighbourhoods
| Neighbourhood | Sold + pending | Detached median | Detached median days | Townhome median | Condo median | Sale-to-list | Sold over asking |
|---|---|---|---|---|---|---|---|
| Fernwood | 64 | $1,039,550 | 22 | $749,500 | $425,200 | 97.5% | 17% |
| Central Park | 38 | $967,500 | 30 | $700,000 | $400,000 | 96.7% | 8% |
| Jubilee | 62 | $1,090,000 | 16 | $825,000 | $442,750 | 98.3% | 15% |
| Rockland | 41 | $1,550,000 | 32 | $1,125,000 | $825,000 | 97.5% | 5% |
| Oaklands | 72 | $1,047,000 | 15 | $788,000 | $485,000 | 98.1% | 19% |
Sold and pending records by VREB MLS® area, November 2025 to November 9, 2026, compiled by Robin Scrimger. A dash means no sales of that type. See all 13 areas on the Victoria guide.
VICTORIA MARKET · OCTOBER 2026
What is the benchmark price in Victoria?
The citywide benchmark, for context.
The Victoria Real Estate Board publishes MLS® HPI benchmarks for the City of Victoria as a whole, not for Fernwood on its own. In October 2026, the Victoria single-family benchmark was $1,234,000, up 3.1% from a year earlier, while condo and townhome benchmarks eased. Across Greater Victoria, 573 properties sold in October, and the board described conditions as balanced.
Request a Fernwood market review02
$837,900Victoria townhome
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$492,800Victoria condo
Source: Victoria Real Estate Board, October 2026 Statistics Package (released November 2, 2026). Victoria single-family: +3.1% year over year · Victoria townhome: −3.1% year over year · Victoria condo: −2.5% year over year. A benchmark is a modelled typical home, not a median sale price or an appraisal.
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The homes
What should you check before buying in Fernwood?
Character houses, honest inspections.
The median detached home in Fernwood was built around 1940, and many date from before 1920. Character is the draw, and age is the risk: foundations, drainage, wiring and past renovations all deserve a careful look.
Many homes have suites, some legal and some not. Duplexes and strata-titled side-by-sides are common, so check how the title is held and what the other owner’s plans are.
Your Fernwood buyer checklist
- 01Confirm whether a suite is permitted before relying on the rental income
- 02Check for knob-and-tube wiring and the age of the electrical panel
- 03Order a sewer lateral inspection and ask about drainage
- 04For a duplex, review the strata bylaws and any shared costs
- 05Check heritage status before planning exterior changes
The everyday
What is daily life like in Fernwood?
Theatre, gardens and a good pub.
An evening at the Belfry, a pint at the Fernwood Inn and a Saturday morning in the community gardens are ordinary weeks here. Spring Ridge Commons, a community food forest, is a favourite quiet corner.
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Things to do
Where do locals spend their time in Fernwood?
Three trips worth trying.
The Belfry Theatre
Professional theatre in a former church on Fernwood Square.
Explore The Belfry Theatre ↗Spring Ridge Commons
A public food forest and garden tended by neighbours.
Explore Spring Ridge Commons ↗Fernwood Community Centre
Programs, child care and events a block from the square.
Explore Fernwood Community Centre ↗What schools serve Fernwood?
Schools close to home.
Fernwood is in the Greater Victoria School District (SD61). Victoria High School, the oldest public high school in western Canada, is on Grant Street, and Central Middle School is nearby on Fort Street. Elementary catchments vary by address.
Check the exact address in SD61’s School Locator, as English and French Immersion catchments can differ, and review the district’s registration dates before you move.
A considered choice
Is Fernwood your next chapter?
Who it suits, and what to compare.
Fernwood makes sense if you want a character house, a real community and a quick trip Downtown. If you want a quieter, newer home, compare it with Oaklands or Jubilee next door.
The details
Fernwood real estate: frequently asked questions
01How much does a house cost in Fernwood?+
Detached homes in Fernwood had a median price of $1.04 million over the past year, with most selling between about $815,000 and $1.24 million. Prices depend on condition, suites and distance to Fernwood Square. That’s well below Fairfield West, for a similar walk to Downtown.
02Is Fernwood a good area for a house with a suite?+
It’s one of the better areas in Victoria for it. Many character homes already have suites, and duplexes are common, with a median price of $887,500 over the past year. Confirm that any suite is permitted, and check how insurance and mortgage lenders treat it before counting on the rental income.
03What is Fernwood Square?+
Fernwood Square is the small village centre where Fernwood Road meets Gladstone Avenue. It’s home to the Belfry Theatre, the Fernwood Inn, cafés and a few shops, and it hosts community events through the year. Most homes in the neighbourhood are within a 10-minute walk of it.
04Which high school serves Fernwood?+
Victoria High School on Grant Street is in Fernwood and serves much of the neighbourhood. It’s one of the oldest public high schools in western Canada. Catchments change by address and program, so confirm the school for any home you’re considering using the SD61 school locator.
Continue exploring
Nearby neighbourhoods
City of Victoria permits · City maps · B.C. strata housing guide
Homes for sale
Find homes for sale in Fernwood
Be first to know.
Homes in Fernwood don’t come up often on the streets people want most. Ask Robin to set up an alert for new Fernwood listings that match your budget and property type, so you hear about them the day they hit the market.
YOUR VICTORIA CONTACT
Meet Robin Scrimger
Robin Scrimger · Personal Real Estate Corporation
REALTOR® & Team Lead · New Chapter Real Estate Team
Coldwell Banker Oceanside Real Estate
Whether you’re buying your first condo, upsizing for a growing family or selling a home you’ve loved for years, Robin can walk you through the streets, the recent sales and the practical details that matter in Fernwood.
In the past 12 months, Robin and the New Chapter team were involved in 2 Fernwood sales (1 as listing agent and 1 representing the buyer), and 17 across Victoria’s 13 neighbourhoods.
Ready when you are
Let’s find the place your story continues.
Thinking about buying or selling in Fernwood? Talk with Robin about homes for sale, recent sales on your street, or what your home might be worth today.