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City in Ontario

Houses for sale under $1M in Strathroy-Caradoc

Looking for cheap houses for sale in Strathroy-Caradoc? 116 homes in Strathroy-Caradoc are listed for sale under $1M, which is 89% of everything for sale. Most are detached houses, and the most active neighbourhoods are NW and Mount Brydges.

suburban community-oriented affordable

23,871 people lived in Strathroy-Caradoc at the 2021 Census, in 9,445 households. 78% of households owned their home and 22% rented. The most common homes were single-detached houses (73%) and low-rise apartments (14%). 47% of homes were built before 1981, and 16% since 2011. 94% of commuters went to work by car and 0% by public transit.

Population of 20,867

Strathroy-Caradoc, Ontario

Houses for Sale in Strathroy-Caradoc Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 11,689 past and present listings

Average walk score reported on listings here

5.7

Schools near listings

out of 10 · averaged over 11,689 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

$629,450

12% below Ontario

In Strathroy-Caradoc

$629,450

In Ontario

$716,900

Median monthly rent

$2,050/mo

18% below Ontario

In Strathroy-Caradoc

$2,050

In Ontario

$2,499

$356

Per square foot

≈ 25.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

130

Median $629,450

Houses 123 · Condos 7

For rent

Median $2,050

Houses 9

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

Lower median sale price than provincial average
Multiple grocery stores and restaurants
Family-friendly environment with parks
Quick access to local amenities

Keep in mind

Limited public transit options
Walkability score is low at 20
Fewer schools available

The feel of the placeLifestyle

Daily life in Strathroy-Caradoc is relaxed, with essential services nearby. Residents enjoy a suburban feel with access to parks.

Great for first-time buyers families those seeking affordability

Within the boundaryWhat's nearby

The boundary

268.8 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

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 268.8 km² of Strathroy-Caradoc. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.6/10

Average rating of the 8 rated schools in this area

Elementary

Secondary

Our Lady Immaculate School
Catholic · Grades JK–8 · London District Catholic School Board
7.1/104.5 over 5 yrs
808th of 3,045 Ontario elementary schools
335 students · EQAO 2024-2025
Caradoc Public School
Public · Grades JK–8 · Thames Valley DSB
6.6/106.3 over 5 yrs
1,165th of 3,045 Ontario elementary schools
535 students · EQAO 2024-2025
Caradoc North School
Public · Grades JK–8 · Thames Valley DSB
6.0/106.0 over 5 yrs
1,590th of 3,045 Ontario elementary schools
235 students · EQAO 2024-2025
Holy Cross Catholic Secondary School
Catholic · Grades 9–12 · London District Catholic School Board
5.8/105.3 over 5 yrs
422nd of 742 Ontario secondary schools
425 students · EQAO 2024-2025
North Meadows Elementary School
Public · Grades JK–8 · Thames Valley DSB
5.8/105.3 over 5 yrs
1,729th of 3,045 Ontario elementary schools
410 students · EQAO 2024-2025
Strathroy District Collegiate Institute
Public · Grades 9–12 · Thames Valley DSB
5.5/105.7 over 5 yrs
478th of 742 Ontario secondary schools
1,200 students · EQAO 2024-2025

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

23,871

Population (2021)

270.9 km²

Area

People per km²

44.5

Median age

$93,694

Median income

78%

Own their home

2.5

People per household

9,445

Households

Every age

Children (under 15)16.8%
Working age (15–64)61.7%
Seniors (65+)21.5%

What is built here

Detached houses72.7%
Semi-detached7%
Townhouses3.9%
Duplexes0.8%
Low-rise apartments13.5%

Own or rent

78%Owners

22%Renters

Across 9,445 households

When it was built

Mostly 1961–1980

1960 or earlier23%
1961–198025%
1981–199012%
1991–200014%
2001–20055%
2006–20105%
2011–20155%
2016–202112%

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.

11.2%
Born outside Canada: 15.6%
Hold a degree or higher: 57.8%
Employment rate: 0%
Commute by transit: 93.5%
Commute by car: 1.8
Children per family: $81,664
Median income after tax: $105,447
Average household income: 7.4%
Living on a low income: $1,156/mo
Renters pay, per month: $1,177/mo
Owners pay, per month: $508,457
Median home value at census: 14%
Renters spending 30%+ of income on housing: 5.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 41 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 Strathroy-Caradoc

How many homes in Strathroy-Caradoc sell for under $1M?

116 homes in Strathroy-Caradoc are listed for sale under $1M today, 89% of the 130 homes for sale. Their median asking price is $612,950.

All homes for sale in Strathroy-Caradoc

What kind of home can I buy in Strathroy-Caradoc for under $1M?

Under $1M, Strathroy-Caradoc has detached houses (67), link homes (22) and freehold townhouses (5) for sale. Most have 2 to 5 bedrooms.

Houses for sale in Strathroy-Caradoc

Keep looking

More Homes for Sale in Strathroy-Caradoc

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

At a glance