London Ontario Real Estate. No Fluff. No Sales Pitch. Just the Truth.

 Written by Ty Lacroix — Real Estate Strategist & Broker, London Ontario 

RSS

What the Averages Aren't Telling You About London Ontario Real Estate

London, Ontario's June 2026 market is being reported as "slow" because averages are up only modestly — but averages hide a $200,000 to $500,000 spread within a single neighbourhood. Sellers who understand their specific pocket and price accordingly are moving. Buyers who are waiting for a signal that never comes are already behind. Broker Ty Lacroix breaks down what June actually shows across ten London neighbourhoods — and what it means before you decide anything.

Every week, someone reads a headline that says London home sales are up 2% — and concludes the market is slow. That's not analysis. That's a number without a neighbourhood.

Here's what actually matters: within a single London neighbourhood, there can be a $200,000 to $500,000 spread between one street and the next. A bungalow backing onto green space in Byron is not the same market as a comparable footprint two blocks inland. An executive townhome in Sunningdale is not the same market as a resale detached home in the three subdivisions over. Averaging them together and reporting the result as "the London market" tells you almost nothing useful.

The June 2026 numbers across London's established neighbourhoods tell a more honest story. More homes are on the market — sellers and their realtors know it, and the ones pricing to that reality are selling. Buyers who understand the same thing are acting on it. The ones sitting on the fence waiting for prices to drop further, or for some cleaner signal from the news, are making a decision by not making one — and they'll feel it.

This is what the market looks like right now in the ten neighbourhoods I track every month. Not the average. The actual picture, area by area.

See all ten London neighbourhood updates →

If you're a seller trying to understand what your specific home is worth in this market — not the average, your home — or a buyer trying to read where the real value is before someone else does, that's the conversation I have every day.

Call me, Ty Lacroix, directly at 519-435-1600 or reach out here.

Read

Old South London Ontario Real Estate

This is a historical snapshot — The Old South London Wortley Village market in 2024 and previous years. Markets move month to month. For current stats and my honest read on where each part of the city is actually heading, see my London neighbourhood market updates — ten neighbourhoods, refreshed monthly. Or for what your specific home is worth in today's market, reach out for a personal analysis. No pressure, no pitch.

Why Old South London and Wortley Village?

The character and charm of this great London neighbourhood is quite evident. Residents of Old South love the ability to walk and shop in the Wortley Village core—no wonder, with tree-lined streets and very few cookie-cutter homes.

There are more than 80 small businesses and establishments in Wortley Village, along with the Library and the YMCA.

Wortley Village BIA

The Old South Wortley Village Business Association does an excellent job hosting and presenting community events.

Here is what is for sale in Old South London on MLS

London South G map boundaries

Our London, Ontario, St. Thomas Real Estate Association (LSTAR) uses the shaded area shown above, mapped as South F.

London South F map boundaries

This article covers historical real estate market conditions in Old South London and Wortley Village, London, Ontario, for the listed years. For current market insights, updated stats, or expert guidance, contact me for a personalized analysis.

What Sold in 2024 in Old South London & Wortley Village

Houses Sold in 2024, 158Apartment Condos Sold in2024, 4Townhouses/Townhomes Sold in 2024 2
Time on Market 27 daysTime on Market 15 daysTime on Market 33 days
Price Range $260,000 – $1,500,000Price Range $477,000 -$1.070,,000Price Range $575,000-$750,000
% to Asking Price 99%% to Asking Price 101%% to Asking Price 100%

Old South London Area Data from MLS London St. Thomas Association of Realtors (LSTAR)

2023 Old South London Real Estate Market

Houses Sold in 2023 150Apartment Condos Sold in 2023 5Townhouses/Townhomes Sold Year To Date 0
Time on Market 21 daysTime on Market 33 daysTime on Market N/A
Price Range $302,500 – $1,600,000Price Range $255,000 – $549,900Price Range N/A
% to Asking Price 100.78%% to Asking Price 99.47%% to Asking Price N/A

Old South London, Ontario Real Estate Data provided by MLS London St.Thomas Association of Realtors (LSTAR)

2022

  • In 2022, 168 houses in Old South London were sold, with an average time to sell of 15 days. They sold for an average of 110.94% of the asking price, with prices ranging from $359,900 to $2,100,000. Nine apartment condos sold, and the average days on the market to sell through MLS was 23. The sold prices averaged 110.94% of the asking price, ranging from $500,000 to $1,200,000. Two townhouses sold, one at 30 Grand for $540,000 and one at 352 Ridout for $800,000.

2021

  • In 2021, 242 houses in Old South London, including Wortley Village, sold through MLS, averaging twelve days on the market. They sold for 111.03% of the asking price, with the lowest at $285,000 and the highest at $2,050,000. Thirteen apartment condos sold in Wortley Village in Old South London, averaging 15 days on the market and selling for 105.19% of the asking price. The lowest was $267,900; the highest was $772,811, and the average price per square foot was $408.00. Six townhouse condos sold, averaging seven days on the market and selling for 101.33% of the asking price—the lowest at $450,000 and the highest at $630,021.

2020

  •   In 2020, 186 homes sold, averaging 7 days to sell and selling for a median of 102.17% of the asking price, ranging from $246,000 to $1,500,000. Nine condos in Old South London changed hands in the same period. The median days to sell were 19, with 103.51% of the asking price, ranging from $139,000 to $472,000.

2019

  •   In 2019, 229 houses changed hands from $230,000 to $1,120,000. These took sixteen days to sell on MLS at a median of 103.13% of the asking price. Eight condominiums changed hands from a low of $152,100 to a high of $499,000. These averaged eight days on the market and sold for 101.22% of the asking price.      

2018

  • In 2018, real estate sales were robust in Wortley Village, Old South London, Ontario. One hundred ninety-six single-family houses sold for an average price of $404,718. 102.28% of the asking price, and the median time on the market was 20 days! 13 Wortley Village condominiums changed hands, averaging $309,902. These sold for 97.46% of the asking price; condos in Old South London took about 35 days to sell.

What our clients say

Schools:

 Thames Valley District School Board 

District Catholic School Board

Are You Curious About What Your Home Is Worth in Today’s Market?

Read
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.