Your London Ontario Real Estate Resource

The average residential sale price in London Ontario in 2025 is approximately $621,000 across all property types. Detached homes average around $720,000, while condos and townhomes provide entry points from $380,000–$490,000. Prices vary significantly by neighbourhood — Old North and Masonville average $750K–$1M+, while Old East Village and east London offer more affordable options in the $450K–$600K range.

London ON has strong real estate fundamentals — growing population, a large university and college presence supporting rental demand, ongoing infrastructure investment, and a significant affordability advantage over other Ontario cities. Most forecasts suggest moderate appreciation of 3–6% annually through 2025–2026. As with any real estate investment, local market knowledge and neighbourhood selection matter enormously.

For buyers, the timeline from starting your search to getting keys is typically 2–4 months — 1–2 months of active searching plus 30–90 days closing period. For sellers, preparing and listing takes 2–4 weeks, homes are currently averaging 28 days on market, and closing typically follows 30–60 days after an accepted offer. Total selling process is usually 2–4 months from deciding to sell to receiving proceeds.

It depends entirely on your priorities. For prestige and character, Old North is unmatched. For families with kids, Byron and Masonville have the best schools. For value with upside, Old East Village is compelling. For space and newer builds, Westmount and Lambeth deliver. Our neighbourhood guide breaks down each area in detail to help you decide.

You're not legally required to use a realtor in Ontario, but it's strongly recommended for both buyers and sellers. Buyers pay nothing for agent representation — the seller covers that cost. Sellers benefit enormously from an agent's pricing expertise, marketing reach, and negotiation skills. The difference between a good agent and going it alone can be $20,000–$50,000 on your final price.