This is a historical snapshot — the real estate market in Old South London, including Wortley Village, Ontario, for mid-March 2026. 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.

Selling a property in the Wortley Village and Old South area currently takes an average of 19 days, which is 32% faster than the broader London average of 28 days. The neighbourhood operates with a low 3.7 Months of Inventory, indicating a highly competitive environment for buyers and a distinct advantage for sellers. Partnering with a dedicated Real Estate Strategist ensures that this rapid market pace is leveraged to protect your equity and maximize the return on your historic architectural asset.

The Market Math Behind Old South’s 19-Day Sales Cycle

Transitioning your wealth out of a primary residence requires precision, not guesswork. In Old South London, the data reveal a highly insulated micro-economy driven by sustained demand for the walkable, historic lifestyle of Wortley Village. Currently, homes in this specific pocket are selling in just 19 days. Compared with the 28-day average for the rest of London, it is clear that Old South properties command immediate attention.

Supply, Demand, and Your Equity

This accelerated timeline is directly tied to scarcity. Old South is currently sitting at 3.7 Months of Inventory (MOI). In real estate economics, any metric below 4 months signals restricted supply and heightened competition among buyers. Furthermore, the Sales-to-New-Listings Ratio (SNLR) in Old South rests at 41.1%, compared to London’s broader 36.8%. This data confirms that buyers are actively absorbing new listings as soon as they hit the market, consistently pushing the Sales-to-List Price ratio to a strong 97.8%.

The Strategic Approach to Asset Transition

A 19-day average days-on-market does not guarantee an effortless transaction; it highlights the critical need for absolute pricing precision. When a neighbourhood's reputation drives emotional buyer behaviour, the greatest risk to your equity is a generalized marketing approach. Unique, older homes cannot be treated like modern subdivision builds.

Successfully navigating this rapid sales cycle requires a Realtor who understands the architectural nuances of your property and the financial weight of your transition. By aligning with a neighbourhood Realtor who tracks this hyper-local math, you ensure your property is positioned to capture peak emotional demand without leaving capital on the table.

See What Is For Sale Now in Old South London and the local trends.

This is a historical snapshot — the old South London and Wortley Village real estate market for February 2026. 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.

Old South London, anchored by Wortley Village, is arguably the city's most established and recognizable neighbourhood. If you are looking for cookie-cutter subdivisions, this is not the place for you; this community is defined by its older housing, fierce sense of local identity, and a walkable village core that sets it apart from almost anywhere else in London.

Residents here enjoy a lifestyle that doesn't rely heavily on driving. With independent shops, cozy cafés, restaurants, and everyday services concentrated along Wortley Road, the area serves as a true, bustling neighbourhood hub. With tree-lined streets, parks, and proximity to the Thames River, it is easy to see why buyers who value character and walkability flock to Old South.

But how do century homes and mid-century properties perform in the early 2026 market? Let's look at the numbers.

To see all the active listings and live market data for this area, check out our dedicated page:

The Current Market: Old South By The Numbers (February 2026)

Because homes in Old South vary so wildly in size, layout, and condition, no two streets feel exactly the same. This means our "Market Math" has to account for the "Character Premium."

While the broader London market is balancing out, Wortley Village retains a highly competitive edge, particularly for turnkey properties.

Advantages for Sellers

The primary advantage for Old South sellers is scarcity. You cannot artificially manufacture a century home on a mature, tree-lined street within a five-minute walk of an award-winning village core. The community involvement here is incredibly strong, and buyers desperately want to be part of that intentional lifestyle. If your home—whether it's an early 20th-century farmhouse or a post-war bungalow—is structurally sound and features updated mechanicals (wiring, plumbing, roof), you hold immense negotiating power. Turnkey character homes are currently the crown jewels of the London market.

Advantages for Buyers

For buyers, the shifting 2026 market has created a unique opportunity: the return of the "value-add" property. During the peak frenzy, even homes requiring massive renovations were selling for exorbitant prices. Today, with the market slightly more balanced, you can negotiate a fair price on an unrenovated century home. You now have the time to bring in contractors, get proper inspections, and ensure you aren't inheriting a money pit.

Unlock the Full Market: Did you know that some 36.85% of London listings are restricted from public view by Real Estate Board VOW Agreements? In a tight inventory pocket like Old South, you cannot afford to miss a third of the market! By registering on our site, you get to see 333% more listing data than national portals—including hidden photos, historical sold prices, and live days-on-market stats.

The Caveats

The biggest trap in Old South lies in the "Renovation Delusion."

• For Sellers: You cannot price an unrenovated 1915 home using the comparables of a fully gutted and modernized 1915 home down the street. Buyers in 2026 are highly sensitive to renovation and borrowing costs; they will penalize overpriced fixer-uppers.

• For Buyers: Do not waive your inspection condition in this neighbourhood. Century homes come with century-old surprises. A beautiful facade means nothing if there is knob-and-tube wiring hidden in the attic or a crumbling foundation.

3-to-6 Month Prognosis

Wortley Village is arguably the best spring/summer neighbourhood in the city. As patio season opens up along Wortley Road and the Thames River trails become fully accessible, the emotional appeal of this area skyrockets.

Expect inventory to tighten up as we move into April and May. If you are a buyer, be prepared to act decisively on well-priced, turnkey properties. If you are a seller, use the next few weeks to handle any minor touch-ups or landscaping; presenting a polished, move-in-ready character home this spring will yield exceptional returns.

*** Ready to discover the charm of Old South? You can instantly view all houses, townhomes, and apartment condos for sale—updated six times daily—right here: 

This is a historical snapshot — the Old South, Wortley Village, London, Ontario real estate market in 2025. 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.

Wortley Village is the historic core of Old South London, but the community’s reach extends far beyond the village shops. Old South offers a diverse range of properties, from original yellow-brick cottages near the village centre to high-end estates on expansive lots. For those selling in 2026, understanding this nuance is the key to a successful transaction.

Is now the right time to sell in Old South?

With approximately 5 months of inventory currently on the market, Old South has shifted into a Buyer’s Market. For homeowners, this means your property is competing with more listings than we have seen in recent years. Success in this environment requires an elite digital strategy and precise pricing to ensure your home stands out to the most qualified buyers.

Despite the increase in supply, Old South remains one of London’s most resilient markets. The combination of architectural heritage, mature tree canopies, and a strong sense of community continues to attract serious interest. We focus on highlighting the "lifestyle ROI" of your home—emphasizing its history and its proximity to the village—to justify your valuation even in a crowded market.

What makes Old South a top choice for buyers in 2026?

For buyers, the current market provides a rare opportunity to be selective. You can explore a wide variety of housing styles, from mid-century modern designs to meticulously maintained heritage homes. The increased inventory means you have the time to find a property that truly aligns with your long-term goals without the pressure of immediate bidding wars.

2026 Old South Market Snapshot

• Market Status: Buyer’s Market

• Inventory Levels: 5.2 Months of Supply

• Average Listing Duration: 38 to 45 Days

• Sales-to-List Price: Approximately 96.5%

• Property Variety: High (Detached, Townhomes, Heritage Condos)

Discover Old South London and Wortley Village

Uncover the charm of this sought-after neighbourhood and find the perfect place to call home. Whether you are looking to sell at the best possible price or buy into this historic community, our platform is your primary resource.

You can instantly view all houses, townhouses, townhomes, and apartment condos for sale, updated six times daily!

Plus Get:

• Full details of each property and its unique history.

• High-resolution photos and interactive area maps.

• Direct information on schools and local parks.

• Detailed info on transit and recreation, including Thames Park.

• The latest neighbourhood statistics and inventory data.

• Current days on the market and average list-to-sold price ratios.

[SEE ALL THE HOMES FOR SALE IN OLD SOUTH LONDON / WORTLEY VILLAGE NOW]

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.

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

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

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

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

2023 Old South London Real Estate Market

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.

Schools:

 Thames Valley District School Board 

District Catholic School Board

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