The City of London’s average sale price was $591,927 in September 2026. Across the London and St. Thomas board, September had 5.9 months of inventory and a 34.7% sales-to-new-listings ratio, so buyers are still setting terms.
Neighbourhood Breakdown
Neighbourhood prices below are HonestDoor model estimates from 16 September 2026, not MLS® sold averages. Where a sale is mentioned, it is the one sale that report recorded.
| Neighbourhood | Character / Price Tier | What's Happening |
|---|---|---|
| Lambeth | Southwest village feel, larger lots, newer luxury builds (London South) | HonestDoor estimate ~$939,722, down 0.77%. One house sold at $1,250,000. |
| Westmount | Established southwest family streets (London South) | HonestDoor estimate ~$792,201, up 1.76%. One sale at $735,000, in 15 days, at 99.3% of list. |
| Stoney Creek | North-east family subdivision off Adelaide Street (London North) | HonestDoor estimate ~$693,965, down 0.82%. One house sold at $725,000 after 146 days, at 96.7% of list. Condo growth rank 13th of 39. |
| Hamilton Road | Older, affordable east end close to downtown (London East) | HonestDoor estimate ~$522,860, up 1.43%. Growth rank 9th of 37. One sale at $400,000, in 2 days, at 100% of list. |
| Huron Heights | North-east, near Fanshawe College | HonestDoor estimate ~$582,249, up 0.75%. Growth rank 28th of 37. Rental yield about 5.5%. |
London MLS® HPI Benchmark by Area, September 2026 (LSTAR)
| Area | MLS® HPI benchmark |
|---|---|
| London North | $613,000 |
| London South | $550,400 |
| London East | $432,300 |
Official LSTAR benchmark prices for a typical home in each part of London, September 2026. LSTAR does not publish a benchmark for the city as a whole.
What This Means For You
London's buyers' market isn't the same everywhere. The one recent Westmount sale and the one recent Hamilton Road sale both moved quickly, so a lowball offer on a well-priced home there can lose you the house. Stoney Creek's one recent house sale sat 146 days, which is where a patient offer can work. Sellers in a slower pocket should price for the market they're in, not the one a neighbour sold into in 2022.
Andy's Take
The gap between one Westmount sale in 15 days and one Stoney Creek sale in 146 days is the whole London market in one line. My London buyers are going in with conditions and closing dates that suit them, and in the slower north-end pockets I'm telling them to ask for more. For first-time buyers, Hamilton Road is an affordable east-end pocket in a part of the city benchmarked at $432,300. The one recent sale there was $400,000 and it went in two days, so be ready to act.
Quick Tip
In London, check how long comparable homes sat before they sold, not just the sale price. A comp that took 90 days to sell probably reflects a price cut, and you should know the original list price too.
