Oakridge London, Ontario Real Estate (Updated August 3, 2026)
Oakridge homes that sold averaged $765,834 in July 2026 — $137,593 above the London-wide average of $628,241 — with sellers receiving 97.3% of list price in 21 days, according to LSTAR and CREA. At 3.5 months of inventory, this is a seller-side market with tight supply across four distinct LSTAR districts. The 45.9% sales-to-new-listings ratio signals steady, consistent demand — not a frenzy, but not a market where buyers are circling either.
Oakridge continues to command a premium driven by irreplaceable lot sizes, mature tree-lined streets, top-ranked schools, and a range of home types that attract buyers at multiple life stages.
Data from LSTAR (London St. Thomas Association of Realtors) and CREA (Canadian Real Estate Association)
| London | Oakridge |
Sales to New Listing Ratio % | 40.6% | 44.9 % |
Months of Inventory | 4.7 | 3.5 |
Average Sales Price | $628,241 | $765,834 |
Sales to List Price % | 97.6% | 97.3 % |
How Many Days To Sell | 24 | 21 |
Oakridge is one of London's most established communities, where mature tree canopy, oversized lots, and decades of neighbourhood stability create the kind of streetscape that simply cannot be built from scratch. The four LSTAR districts that make up Oakridge cover a range of home types — from classic bungalows and two-storey family homes to executive detached properties — which means demand here draws from multiple buyer pools simultaneously.
Newer pockets within Oakridge attract buyers who want the address and school catchment without the commitment to renovation. Luxury infill builds and updated executive homes sit alongside original mid-century properties, giving the neighbourhood a price range broad enough to accommodate move-up buyers, downsizers, and everyone in between. That diversity of product is a stabilizer — when one segment softens, another absorbs the demand.
What buyers are paying for in Oakridge is not just square footage — it's the combination of location, lot, school district, and community permanence that cannot be replicated in a new subdivision. Buyers who want Oakridge have already done their research, and they know what it's worth. That premium holds as long as the home is priced and presented to reflect it.
