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City in Ontario

Condos for sale in London

Name: HOMEH Market Pulse — London closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 216 condos and apartments for sale in London today, with a median asking price of $319,000 (-47% vs. all homes in London). 16 are new condos in London, under five years old and 1 is a bungalow condo. The most active neighbourhoods are London East, London North and London South.

suburban affordable family-friendly

422,324 people lived in London at the 2021 Census, in 174,660 households. 58% of households owned their home and 42% rented. The most common homes were single-detached houses (49%) and apartments in buildings of five or more storeys (22%). 52% of homes were built before 1981, and 11% since 2011. 86% of commuters went to work by car and 6% by public transit.

Population of 422,324

London, Ontario

Condos in London

Day to dayLivability

Walkability

out of 100 · averaged over 242,364 past and present listings

Average walk score reported on listings here

5.6

Schools near listings

out of 10 · averaged over 242,364 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$599,900

16% below Ontario

In London

$599,900

In Ontario

$716,900

Median monthly rent

$2,200/mo

12% below Ontario

In London

$2,200

In Ontario

$2,499

$466

Per square foot

≈ 22.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

2,188

Median $599,900

Houses 1,500 · Condos 689

For rent

657

Median $2,200

Houses 372 · Condos 285

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to provincial median prices
Variety of housing types available
Many parks for outdoor activities
Active rental market

Keep in mind

Walkability score is low at 21
Limited public transit options

The feel of the placeLifestyle

Daily life in London is suburban with access to parks and some amenities. The area is suitable for those who enjoy a quieter environment.

Great for first-time buyers families renters

Within the boundaryWhat's nearby

The boundary

420.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

277

Parks

233

Playgrounds

Transit stations

Grocery stores

290

Restaurants

122

Cafés

Gyms

Libraries

Pharmacies

Counted across all 420.5 km² of London. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.4/10

Average rating of the 109 rated schools in this area

131

Elementary

Secondary

Orchard Park Public School
Public · Grades JK–8 · Thames Valley DSB
10.0/107.7 over 5 yrs
1st of 3,045 Ontario elementary schools
305 students · EQAO 2024-2025
Masonville Public School
Public · Grades JK–8 · Thames Valley DSB
9.2/109.0 over 5 yrs
68th of 3,045 Ontario elementary schools
755 students · EQAO 2024-2025
Jack Chambers Public School
Public · Grades JK–8 · Thames Valley DSB
9.1/109.0 over 5 yrs
77th of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
Old North Public School
Public · Grades JK–8 · Thames Valley DSB
9.1/108.0 over 5 yrs
77th of 3,045 Ontario elementary schools
465 students · EQAO 2024-2025
John Dearness Public School
Public · Grades JK–8 · Thames Valley DSB
9.0/108.0 over 5 yrs
91st of 3,045 Ontario elementary schools
280 students · EQAO 2024-2025
London Central Secondary School
Public · Grades 9–12 · Thames Valley DSB
8.7/108.8 over 5 yrs
33rd of 742 Ontario secondary schools
955 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside London, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

422,324

Population (2021)

420.5 km²

Area

1,004

People per km²

40.2

Median age

$85,869

Median income

58%

Own their home

2.5

People per household

174,660

Households

Every age

Children (under 15)16.3%
Working age (15–64)65.9%
Seniors (65+)17.8%

What is built here

Detached houses48.8%
Semi-detached3.4%
Townhouses13.3%
Duplexes2.5%
Low-rise apartments10.2%
High-rise apartments21.5%

Own or rent

58%Owners

42%Renters

Across 174,660 households

When it was built

Mostly 1961–1980

1960 or earlier22%
1961–198030%
1981–199014%
1991–200011%
2001–20055%
2006–20106%
2011–20155%
2016–20216%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

24.8%
Born outside Canada: 29.1%
Hold a degree or higher: 53.6%
Employment rate: 5.8%
Commute by transit: 86%
Commute by car: 1.8
Children per family: $75,466
Median income after tax: $100,171
Average household income: 14%
Living on a low income: $1,319/mo
Renters pay, per month: $1,292/mo
Owners pay, per month: $549,751
Median home value at census: 33.9%
Renters spending 30%+ of income on housing: 12.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 570 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What Condos in London Sell For

403 condos changed hands in London over the 12 months to September 2026. Half sold above $289,531 and half below, 11.2% lower than the 12 months before. A typical condo found its buyer in 43 days — 10 days slower than a year ago.

Median sold price: $290K; -11.2% year over year
Days to sell: 43; 10 days slower
Sales closed: 403; last 12 months
Per square foot: $302; from 403 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one condo here differs from the next.

$565K$438K$311K$184K

Feb ’24Dec ’24Nov ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$960,400

on a $1,000,000 asking price — under ask by $39,600

−10%Asking price+10%

Of the asking price: 96.0%
Sold over asking: 6.2%

From 403 sales that closed here in the last 12 months.

Rent or buy in London

12.4 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$289,531

403 sales

Median rent

$1,945/mo

404 leases

Gross rental yield

8.06%

before costs

Both figures come from deals that actually closed in London over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — London, sales

Monthly closed sales in London
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	29	$250,000	$210K – $371K	65	95.0%
Aug 2026	33	$275,000	$215K – $343K	29	95.9%
Jul 2026	35	$299,900	$230K – $464K	45	96.6%
Jun 2026	48	$292,500	$237K – $349K	30	96.7%
May 2026	44	$303,000	$235K – $460K	34	96.6%
Apr 2026	40	$286,250	$215K – $340K	42	96.1%
Mar 2026	33	$267,500	$235K – $300K	38	95.9%
Feb 2026	24	$296,750	$221K – $428K	54	95.7%
Jan 2026	27	$283,000	$236K – $343K	48	96.7%
Dec 2025	26	$269,500	$226K – $421K	53	95.0%
Nov 2025	28	$325,000	$235K – $375K	49	96.0%
Oct 2025	36	$315,000	$260K – $472K	47	95.4%
Sep 2025	27	$282,500	$239K – $383K	39	95.6%
Aug 2025	34	$322,000	$288K – $384K	48	96.8%
Jul 2025	50	$354,950	$305K – $450K	30	97.7%
Jun 2025	39	$315,000	$269K – $425K	32	97.4%
May 2025	54	$340,000	$288K – $460K	25	97.7%
Apr 2025	50	$370,000	$286K – $511K	37	97.4%
Mar 2025	43	$307,000	$265K – $445K	25	96.6%
Feb 2025	30	$293,500	$250K – $390K	23	97.4%
Jan 2025	28	$311,950	$285K – $394K	44	97.9%
Dec 2024	27	$345,000	$312K – $500K	39	98.1%
Nov 2024	37	$290,000	$250K – $387K	34	97.4%
Oct 2024	33	$335,000	$245K – $403K	36	96.8%
Sep 2024	38	$332,500	$262K – $423K	39	98.0%
Aug 2024	38	$324,944	$281K – $445K	46	97.0%
Jul 2024	36	$379,250	$289K – $538K	39	97.5%
Jun 2024	61	$359,900	$292K – $449K	41	97.6%
May 2024	75	$354,900	$307K – $475K	55	98.0%
Apr 2024	60	$343,500	$295K – $466K	53	98.0%
Mar 2024	37	$344,000	$292K – $400K	44	97.9%
Feb 2024	11	$325,000	$290K – $513K	48	97.6%

What people ask about London

How much does a condo cost in London?

Condos in London sold for a median of $289,531 over the 12 months to September 2026, across 403 closed sales — half sold for more and half for less. That is 11.2% lower than the 12 months before it.

How long does it take to sell a condo in London?

A condo in London took a median of 43 days on the market over the 12 months to September 2026. Condos there closed at 96.0% of the asking price on average, with 6.2% selling over asking.

How much is rent for a condo in London?

The median condo lease in London closed at $1,945 a month over the 12 months to September 2026, across 404 leases.

Is it cheaper to rent or buy a condo in London?

A condo in London costs about 12.4 years of the rent on one — the median price of $289,531 against a median rent of $1,945 a month, a gross yield of 8.06%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in London on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.

Questions, answered

Common questions about condos for sale in London

How much is a condo in London?

The median asking price of the 216 condos for sale in London is $319,000, from $135,000 to $929,900. 202 are listed under $700K.

Condos under $700K in London

What are typical condo fees in London?

215 of the 216 condos for sale in London list a monthly maintenance fee. The median is $600/mo, and the middle half pay between $498 and $684 a month.

Work out what you can afford

Which London neighbourhoods have the most condos for sale?

London East has the most, with 79 condos for sale, followed by London North (76) and London South (61).

Homes for sale in London East

Keep looking

More Condos for Sale in London

2,188 homes are for sale in London. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance