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City in Ontario

Homes for sale in London

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

Browse all London real estate listings in one place: 2,201 homes for sale in London, Ontario, from $135,000 to $13,900,000, with a median asking price of $599,900. Most are detached houses and condo townhouses; 39 were listed in the last 24 hours.

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

London MLS® Listings

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

2,201

Median $599,900

Houses 1,518 · Condos 684

For rent

648

Median $2,200

Houses 370 · Condos 278

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 2026-10-19.

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 Through September 2026 Deep sales history

What Homes in London Actually Sell For

4,600 homes changed hands in London over the 12 months to September 2026. Half sold above $554,380 and half below, 6.0% lower than the 12 months before. A typical home found its buyer in 28 days — 4 days slower than a year ago.

Median sold price: $554K; -6.0% year over year
Days to sell: 28; 4 days slower
Sales closed: 4,600; last 12 months
Per square foot: $387; from 4,539 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 home here differs from the next.

$804K$663K$522K$381K

Oct ’23Oct ’24Sep ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$973,500

on a $1,000,000 asking price — under ask by $26,500

−10%Asking price+10%

Of the asking price: 97.4%
Sold over asking: 14%

From 4,600 sales that closed here in the last 12 months.

Rent or buy in London

19.7 years

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

Median sold price

$554,380

4,600 sales

Median rent

$2,343/mo

1,963 leases

Gross rental yield

5.07%

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.

What actually trades in London

A single median hides this: the mix of homes behind it, and what each kind costs.

4,600sales

Detached$626K63.6%
Condo town$442K15.8%
Condo apartment$290K8.8%
Semi-detached$454K3.7%
Multiplex$567K2.7%
Other kinds of home$587K1.5%
Freehold town$595K1.5%
Other kinds, too few of each —2.4%

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	382	$536,000	$440K – $679K	33	96.9%
Aug 2026	334	$544,750	$411K – $699K	27	97.3%
Jul 2026	450	$548,146	$436K – $718K	30	97.2%
Jun 2026	516	$560,000	$430K – $712K	24	97.8%
May 2026	531	$575,000	$455K – $750K	23	97.5%
Apr 2026	430	$557,500	$421K – $715K	22	97.6%
Mar 2026	429	$558,000	$455K – $730K	24	97.6%
Feb 2026	297	$560,000	$450K – $690K	28	97.5%
Jan 2026	220	$557,500	$420K – $688K	45	97.2%
Dec 2025	274	$535,500	$444K – $687K	43	96.7%
Nov 2025	323	$536,111	$434K – $663K	29	96.9%
Oct 2025	414	$566,500	$439K – $690K	29	97.3%
Sep 2025	357	$583,200	$470K – $725K	27	97.5%
Aug 2025	411	$585,000	$473K – $750K	29	97.7%
Jul 2025	484	$603,750	$495K – $730K	25	97.7%
Jun 2025	497	$580,000	$473K – $750K	23	97.8%
May 2025	473	$609,900	$485K – $775K	20	97.8%
Apr 2025	446	$588,450	$490K – $745K	20	98.2%
Mar 2025	393	$597,000	$490K – $750K	21	98.2%
Feb 2025	341	$588,000	$472K – $726K	21	98.1%
Jan 2025	284	$588,500	$460K – $745K	32	97.9%
Dec 2024	280	$580,025	$452K – $725K	33	97.8%
Nov 2024	449	$575,000	$480K – $738K	28	97.9%
Oct 2024	466	$595,000	$469K – $730K	25	98.0%
Sep 2024	443	$581,000	$465K – $740K	26	98.0%
Aug 2024	437	$613,500	$475K – $730K	28	98.0%
Jul 2024	510	$615,000	$500K – $750K	28	98.6%
Jun 2024	670	$620,000	$501K – $770K	27	98.5%
May 2024	730	$611,000	$475K – $750K	37	99.0%
Apr 2024	536	$599,950	$480K – $742K	38	99.0%
Mar 2024	343	$564,500	$420K – $685K	43	99.2%
Feb 2024	192	$574,000	$474K – $711K	56	100.0%
Jan 2024	213	$600,000	$455K – $753K	50	100.0%
Dec 2023	268	$577,950	$454K – $696K	33	100.0%
Nov 2023	297	$570,000	$450K – $723K	24	100.0%
Oct 2023	342	$583,500	$461K – $739K	17	100.0%

What people ask about London

How much does a home cost in London?

Homes in London sold for a median of $554,380 over the 12 months to September 2026, across 4,600 closed sales — half sold for more and half for less. That is 6.0% lower than the 12 months before it.

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

A home in London took a median of 28 days on the market over the 12 months to September 2026. Homes there closed at 97.4% of the asking price on average, with 14.0% selling over asking.

How much is rent in London?

The median lease in London closed at $2,343 a month over the 12 months to September 2026, across 1,963 leases.

Is it cheaper to rent or buy in London?

A home in London costs about 19.7 years of the rent on one — the median price of $554,380 against a median rent of $2,343 a month, a gross yield of 5.07%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in London?

Over the 12 months to September 2026 the mix in London was detached (63.6% of sales, median $625,738), condo town (15.8% of sales, median $441,852) and condo apartment (8.8% of sales, median $289,531).

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 home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about homes for sale in London

How many homes are for sale in London, Ontario right now?

2,201 homes are for sale in London on MLS® right now, and 39 were listed in the last 24 hours. The busiest neighbourhood is London South, with 917 homes for sale.

Homes for sale in London South

What is the average house price in London?

The median asking price of the 2,201 homes for sale in London is $599,900: half are listed above it and half below. By type, the median is $724,900 for detached houses, $492,400 for condo townhouses and $304,900 for condo apartments.

Houses for sale in London

Where can I find cheap houses for sale in London?

1,639 homes in London are listed under $800K and 1,925 under $1M. The lowest asking price today is $135,000.

Homes under $800K in London

Are there new homes for sale in London?

Yes. 339 of the 2,201 homes for sale in London are new construction.

New construction homes in London

How do I get cash back when I buy a home in London?

Buy through HOMEH and you get a Cashback Rebate of 1.5% of the purchase price, paid at closing, subject to eligibility and your buyer agreement. On London’s median asking price of $599,900, that would be $8,999.

How the Cashback Rebate works

Keep looking

More Houses to Buy in London

2,201 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