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City in Ontario

Houses for sale under $1M in Southwold

Looking for cheap houses for sale in Southwold? 38 homes in Southwold are listed for sale under $1M, which is 68% of everything for sale. Most are detached houses, and the most active neighbourhoods are Rural Southwold and Talbotville.

suburban quiet limited amenities

4,851 people lived in Southwold at the 2021 Census, in 1,725 households. 91% of households owned their home and 7% rented. 58% of homes were built before 1981, and 10% since 2011. 95% of commuters went to work by car and 0% by public transit.

Walkability score: 20

Southwold, Ontario

Houses for Sale in Southwold Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 117 past and present listings

Average walk score reported on listings here

6.4

Schools near listings

out of 10 · averaged over 117 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

$899,900

26% above Ontario

In Southwold

$899,900

In Ontario

$716,900

Median monthly rent

$3,200/mo

28% above Ontario

In Southwold

$3,200

In Ontario

$2,499

$446

Per square foot

≈ 23.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $899,900

Houses 56

For rent

Median $3,200

Houses 1

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

Variety of residential options
Lower average rent compared to median
Single park for outdoor activities

Keep in mind

Limited public transit options
Few amenities and schools
Higher median sale price than province average

The feel of the placeLifestyle

Daily life in Southwold is quiet and suburban, suitable for those seeking a peaceful environment.

Great for families first-time buyers those seeking tranquility

Within the boundaryWhat's nearby

The boundary

304.5 km²

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

Parks

Playgrounds

Restaurants

Libraries

Counted across all 304.5 km² of Southwold. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.0/10

Average rating of the 1 rated school in this area

Elementary

Southwold Public School
Public · Grades JK–8 · Thames Valley DSB
6.0/106.4 over 5 yrs
1,590th of 3,045 Ontario elementary schools
690 students · EQAO 2024-2025

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

4,851

Population (2021)

301.4 km²

Area

People per km²

Median age

$108,139

Median income

91%

Own their home

2.8

People per household

1,725

Households

Every age

Children (under 15)18.2%
Working age (15–64)62.1%
Seniors (65+)19.7%

What is built here

Detached houses98%
Low-rise apartments0.9%

Own or rent

91%Owners

7%Renters

Across 1,725 households

When it was built

Mostly 1960 or earlier

1960 or earlier41%
1961–198017%
1981–19909%
1991–200010%
2001–20058%
2006–20102%
2011–20153%
2016–20217%

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.

6.4%
Born outside Canada: 17.8%
Hold a degree or higher: 60.6%
Employment rate: 0%
Commute by transit: 95.1%
Commute by car: 1.9
Children per family: $93,176
Median income after tax: $121,910
Average household income: 4.4%
Living on a low income: $700/mo
Renters pay, per month: $1,283/mo
Owners pay, per month: $606,890
Median home value at census: 0%
Renters spending 30%+ of income on housing: 2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 9 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)

Questions, answered

Common questions about houses for sale under $1M in Southwold

How many homes in Southwold sell for under $1M?

38 homes in Southwold are listed for sale under $1M today, 68% of the 56 homes for sale. Their median asking price is $799,450.

All homes for sale in Southwold

What kind of home can I buy in Southwold for under $1M?

Under $1M, Southwold has detached houses (25), freehold townhouses (6) and vacant lots (3) for sale. Most range from studios to 4 bedrooms.

Houses for sale in Southwold

Keep looking

More Homes for Sale in Southwold

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

At a glance