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City in Ontario

Detached houses for sale in London

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

There are 1,232 detached houses for sale in London today, with a median asking price of $724,900 (+21% vs. all homes in London). 378 are bungalows. The most active neighbourhoods are London South, London North and London East.

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

Bungalows & Detached Homes 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

2,177

Median $599,900

Houses 1,495 · Condos 683

For rent

650

Median $2,200

Houses 373 · Condos 277

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 Detached houses only Through September 2026 Deep sales history

What Houses in London Sell For

2,926 detached houses changed hands in London over the 12 months to September 2026. Half sold above $625,729 and half below, 4.3% lower than the 12 months before. A typical detached house found its buyer in 24 days — 3 days slower than a year ago.

Median sold price: $626K; -4.3% year over year
Days to sell: 24; 3 days slower
Sales closed: 2,926; last 12 months
Per square foot: $424; from 2,890 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 detached house here differs from the next.

$903K$748K$593K$438K

Jan ’24Dec ’24Oct ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$975,700

on a $1,000,000 asking price — under ask by $24,300

−10%Asking price+10%

Of the asking price: 97.6%
Sold over asking: 16.4%

From 2,926 sales that closed here in the last 12 months.

Rent or buy in London

19.8 years

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

Median sold price

$625,729

2,926 sales

Median rent

$2,633/mo

691 leases

Gross rental yield

5.05%

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	254	$600,000	$500K – $775K	28	97.0%
Aug 2026	217	$620,000	$510K – $750K	26	97.4%
Jul 2026	291	$628,000	$500K – $790K	28	97.4%
Jun 2026	332	$620,000	$522K – $795K	20	98.1%
May 2026	340	$650,050	$535K – $826K	18	97.8%
Apr 2026	251	$650,000	$520K – $827K	17	98.0%
Mar 2026	289	$621,100	$510K – $820K	20	97.9%
Feb 2026	189	$620,000	$515K – $775K	24	97.5%
Jan 2026	122	$640,750	$520K – $762K	41	97.2%
Dec 2025	165	$625,000	$499K – $800K	40	96.7%
Nov 2025	215	$599,000	$485K – $724K	23	97.4%
Oct 2025	261	$630,000	$525K – $745K	22	97.7%
Sep 2025	252	$625,000	$520K – $766K	23	97.5%
Aug 2025	273	$660,000	$540K – $815K	25	97.7%
Jul 2025	323	$660,000	$559K – $793K	22	97.6%
Jun 2025	332	$645,000	$530K – $811K	19	97.9%
May 2025	305	$665,000	$560K – $860K	17	98.1%
Apr 2025	262	$662,500	$545K – $834K	17	98.3%
Mar 2025	238	$669,500	$562K – $859K	15	98.3%
Feb 2025	206	$659,250	$534K – $804K	17	97.7%
Jan 2025	168	$695,000	$568K – $871K	28	98.0%
Dec 2024	160	$630,000	$495K – $765K	26	97.8%
Nov 2024	297	$630,000	$549K – $786K	25	98.0%
Oct 2024	291	$653,000	$538K – $791K	21	98.2%
Sep 2024	286	$640,000	$534K – $820K	26	98.2%
Aug 2024	278	$661,250	$556K – $790K	26	98.1%
Jul 2024	347	$683,500	$565K – $816K	26	99.0%
Jun 2024	434	$690,000	$556K – $828K	25	98.5%
May 2024	452	$680,000	$560K – $825K	35	99.2%
Apr 2024	326	$677,000	$554K – $800K	34	99.1%
Mar 2024	180	$618,875	$529K – $754K	35	99.2%
Feb 2024	55	$590,000	$540K – $720K	33	98.2%
Jan 2024	7	$685,000	$470K – $757K	13	99.6%

What people ask about London

How much does a detached house cost in London?

Detached houses in London sold for a median of $625,729 over the 12 months to September 2026, across 2,926 closed sales — half sold for more and half for less. That is 4.3% lower than the 12 months before it.

How long does it take to sell a detached house in London?

A detached house in London took a median of 24 days on the market over the 12 months to September 2026. Detached houses there closed at 97.6% of the asking price on average, with 16.4% selling over asking.

How much is rent for a detached house in London?

The median detached house lease in London closed at $2,633 a month over the 12 months to September 2026, across 691 leases.

Is it cheaper to rent or buy a detached house in London?

A detached house in London costs about 19.8 years of the rent on one — the median price of $625,729 against a median rent of $2,633 a month, a gross yield of 5.05%. 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 detached house. Not an appraisal or an opinion of value.

Keep looking

More Homes for Sale in London

2,177 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