Real Estate for Sale in South L, London, ON

Name: HOMEH Market Pulse — South L, London closed sales and leases
Creator: HOMEH
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Neighbourhood in London

South L

family-friendly community-oriented suburban diverse

South L is a residential neighbourhood in London, Ontario. It offers a mix of housing options and community amenities.

Good schools with an average rating of 6.3 Multiple parks and playgrounds Diverse community with 22.3% immigrants Predominantly owner-occupied homes Close to grocery stores and cafes

South L, London — HOMEH neighbourhood guide

London, Ontario

Day to dayLivability

6.3

Schools near listings

out of 10 · averaged over 148 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

$1,218,500

103% above London 70% above Ontario

In South L

$1,218,500

In London

$599,900

In Ontario

$718,000

Median monthly rent

In London

$2,200

In Ontario

$2,500

On the marketMarket snapshot

For sale

Median $1,218,500

Houses 9 · Condos 1

For rent

Recently sold

Recently leased

Market data as of 2026-10-14. 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

Family-friendly environment
Strong community feel
Good access to schools
Variety of housing types available

Keep in mind

Higher prices than city median
Limited public transit options
Some households may face financial strain

The feel of the placeLifestyle

Residents enjoy a balanced lifestyle with access to parks and schools. Daily life is calm and community-oriented.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

11.0 km²

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

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 11.0 km² of South L. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

Byron Somerset Public School
Public · Grades JK–8 · Thames Valley DSB
7.4/107.7 over 5 yrs
626th of 3,045 Ontario elementary schools
600 students · EQAO 2024-2025
Westmount Public School
Public · Grades JK–8 · Thames Valley DSB
6.3/105.9 over 5 yrs
1,366th of 3,045 Ontario elementary schools
670 students · EQAO 2024-2025
St. Rose of Lima Separate School
Catholic · Grades JK–8 · London District Catholic School Board
6.2/106.3 over 5 yrs
1,444th of 3,045 Ontario elementary schools
600 students · EQAO 2024-2025
École élémentaire La Pommeraie
Public · French · Grades JK–6 · Conseil scolaire Viamonde
5.7/106.0 over 5 yrs
1,807th of 3,045 Ontario elementary schools
405 students · EQAO 2024-2025
Saunders Secondary School
Public · Grades 9–12 · Thames Valley DSB
5.6/105.1 over 5 yrs
453rd of 742 Ontario secondary schools
2,010 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South L, 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

25,116

Population (2021)

11.0 km²

Area

2,276

People per km²

44.2

Median age

$99,724

Median income

57%

Own their home

2.5

People per household

10,225

Households

Every age

Children (under 15)16.7%
Working age (15–64)61.2%
Seniors (65+)22.1%

What is built here

Detached houses47%
Townhouses16.5%
Low-rise apartments7.3%
High-rise apartments28.7%

Own or rent

57%Owners

43%Renters

Across 10,225 households

When it was built

Mostly 1961–1980

1960 or earlier6%
1961–198046%
1981–199018%
1991–200013%
2001–20059%
2006–20104%
2011–20153%
2016–20212%

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.

22.3%
Born outside Canada: 30.7%
Hold a degree or higher: 52.6%
Employment rate: 4.1%
Commute by transit: 87.6%
Commute by car: 1.8
Children per family: $86,046
Median income after tax: $116,573
Average household income: 11.1%
Living on a low income: $1,273/mo
Renters pay, per month: $1,359/mo
Owners pay, per month: $628,658
Median home value at census: 38.1%
Renters spending 30%+ of income on housing: 9.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 36 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in South L actually sell for

35 homes changed hands in South L over the 12 months to September 2026. Half sold above $800,386 and half below, 0.1% lower than the 12 months before. A typical home found its buyer in 29 days.

Median sold price: $800K; -0.1% year over year
Days to sell: 29; Unchanged
Sales closed: 35; last 12 months
Per square foot: $377; from 35 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.

$963K$743K$524K$305K

Oct ’23Nov ’24Sep ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$974,900

on a $1,000,000 asking price — under ask by $25,100

−10%Asking price+10%

Of the asking price: 97.5%
Sold over asking: 17.1%

From 35 sales that closed here in the last 12 months.

Every month behind these charts — South L, sales

Monthly closed sales in South L
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	3	Not enough sales this month to report a median
Aug 2026	2	Not enough sales this month to report a median
Jul 2026	4	Not enough sales this month to report a median
Jun 2026	6	$847,500	$708K – $878K	17	98.0%
May 2026	5	$720,000	$350K – $790K	44	96.1%
Apr 2026	1	Not enough sales this month to report a median
Mar 2026	2	Not enough sales this month to report a median
Jan 2026	4	Not enough sales this month to report a median
Dec 2025	2	Not enough sales this month to report a median
Nov 2025	3	Not enough sales this month to report a median
Oct 2025	3	Not enough sales this month to report a median
Sep 2025	2	Not enough sales this month to report a median
Aug 2025	3	Not enough sales this month to report a median
Jul 2025	4	Not enough sales this month to report a median
Jun 2025	2	Not enough sales this month to report a median
May 2025	2	Not enough sales this month to report a median
Apr 2025	3	Not enough sales this month to report a median
Mar 2025	4	Not enough sales this month to report a median
Feb 2025	3	Not enough sales this month to report a median
Jan 2025	2	Not enough sales this month to report a median
Dec 2024	2	Not enough sales this month to report a median
Nov 2024	1	Not enough sales this month to report a median
Oct 2024	2	Not enough sales this month to report a median
Sep 2024	5	$680,000	$665K – $865K	45	97.4%
Aug 2024	2	Not enough sales this month to report a median
Jul 2024	3	Not enough sales this month to report a median
Jun 2024	10	$753,500	$686K – $918K	23	98.7%
May 2024	4	Not enough sales this month to report a median
Apr 2024	3	Not enough sales this month to report a median
Feb 2024	1	Not enough sales this month to report a median
Dec 2023	3	Not enough sales this month to report a median
Nov 2023	1	Not enough sales this month to report a median
Oct 2023	3	Not enough sales this month to report a median

29 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about South L

How much does a home cost in South L?

Homes in South L sold for a median of $800,386 over the 12 months to September 2026, across 35 closed sales — half sold for more and half for less. That is 0.1% lower than the 12 months before it.

How long does it take to sell a home in South L?

A home in South L took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 97.5% of the asking price on average, with 17.1% selling over asking.

Compiled by HOMEH from sales reported closed in South L 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.

Condos in South L