Updated October 9, 2026 using the September report from the London and St. Thomas Association of REALTORS® (LSTAR). London’s average sale price was $591,927. The wider area covered by LSTAR averaged $611,509. Your own home may be worth more or less.
By Zach Boulert, REALTOR® / Sales Representative · ·
September in brief
LSTAR recorded 561 sales, up from 526 in August. These numbers cover its wider area, not just Hamilton Road or Old East Village.
There were 5.9 months of inventory. That means it would take about six months to sell the homes available at that pace if no more were listed. Sales were 34.7% of the number of new listings—about 35 sales for every 100 homes newly listed. That does not mean those exact same 35 homes sold.
Buyers may have more choice, but a popular home can still get more than one offer. Compare the homes you can buy, what repairs they need and what you can afford.
London, London East and the wider region
September average sale prices: London $591,927; London East $456,814; London North $704,858; London South $608,872. The wider LSTAR average was $611,509.
London East’s benchmark price was $432,300. A benchmark tracks a typical home so changes are easier to compare. London East is bigger than Hamilton Road. See the Hamilton Road market guide for more on that difference.
An average does not tell you what your home is worth
If more expensive homes sell one month, the average can rise even if prices for similar homes stay the same. The Home Price Index, or HPI, tracks homes with a set of typical features to make comparisons easier. The benchmark for all home types across LSTAR’s area was $552,500, down 0.2% from August.
To price one home, look at similar homes that sold and the homes buyers can choose now. Size, repairs, the yard and the street all matter.
What the September figures may mean for buyers
Start with homes in your price range. Compare them with similar homes that sold recently. Make sure the mortgage, inspection and move date work for you. More homes for sale does not mean nobody else wants the one you like.
The London home-buying guide explains the steps. You can also read about Byron and Westmount to compare places you might want to live.
What the September figures may mean for sellers
Look at recent sales of homes like yours and what else buyers can buy today. Get your home ready for showings and choose a price based on those facts, not just the city average.
Start with the London selling guide or ask what your home may be worth. I can compare it with similar homes. That is an opinion based on the facts, not a formal appraisal or a promised sale price.
Source and reporting period
The numbers come from LSTAR’s September 2026 report, checked October 9. You can also see LSTAR’s past reports. This is September data, not October data or a guess about the future. It replaces the July update on this page.
For a current comparison, ask about your home’s value or plan your buying search.
What does this market mean for your home?
Tell me about your home and when you want to move. We can look at similar sales and the homes for sale now.
Request my home valueSource: LSTAR September 2026 report, checked October 9, 2026. These numbers describe past sales. They do not tell you what one home is worth or what prices will do next.