Oak Bay, BC

Homes For Sale In Oak Bay

Oak Bay is Victoria's most prestigious municipality — a place of heritage character homes, manicured streets, ocean estate properties, and a village commercial district that feels like it was lifted from coastal England. With some of the lowest inventory and highest demand in Greater Victoria, Oak Bay consistently holds and grows its value through any market cycle.
Median Home Price
~$1,700,000
SFH Price Range
$1.5M – $5M+
Market Condition
Competitive
Active Listings Up YOY
+20.9%
Why People Love It Here
Oak Bay is Victoria's "forever neighbourhood." People move here and they don't leave. The combination of walkable village amenities, waterfront access, heritage architecture, and top-ranked schools makes it one of the most enduring real estate holds on the island.
School Catchment: Oak Bay High School / Monterey Middle / Margaret Jenkins Elementary (SD61)