August 2026 London Ontario Real Estate Market Update

746 homes sold across London Ontario in August 2026, with Byron's days on market the biggest mover of the month -- jumped +26.8% from the month before.

How Did London Ontario's Housing Market Perform in August 2026?

746 homes sold citywide, with 379 new listings coming onto the market across all 39 mapped neighbourhoods.

How Did Oakridge Perform in August 2026?

31 homes sold in Oakridge in August 2026 at a median price of $710,000. The average sale-to-list ratio came in at 97.7%. For a closer look at the neighbourhood itself, see our Oakridge neighbourhood guide.

How Are West London's Neighbourhoods Comparing This Month?

Neighbourhood	Homes Sold	Median Price	Month-over-Month
Oakridge	31	$710,000	n/a
Byron	27	$620,000	n/a
Westmount	20	$637,250	n/a
Riverbend	16	$610,000	n/a
Lambeth	14	$650,000	n/a
Whitehills	21	$489,000	n/a
West London	33	$482,500	n/a

• Oakridge: 31 homes sold, median price $710,000.
• Byron: 27 homes sold, median price $620,000.
• Westmount: 20 homes sold, median price $637,250.
• Riverbend: 16 homes sold, median price $610,000.
• Lambeth: 14 homes sold, median price $650,000.
• Whitehills: 21 homes sold, median price $489,000.
• West London: 33 homes sold, median price $482,500.

One neighbourhood worth flagging outside our usual seven: Medway had a genuinely notable August 2026 -- Days on Market down -36.2% month-over-month, with 17 homes sold at a median price of $593,000. It's not an area we get asked about as often as Oakridge or Byron, but the activity there this month says it deserves a closer look.

Notable Moves This Month

• ▲ Byron -- Days on Market: +26.8% month-over-month (now 52).
• ▼ Riverbend -- Days on Market: -24.2% month-over-month (now 47).
• ▲ Lambeth -- Days on Market: +21.3% month-over-month (now 97).
• ▲ Whitehills -- Days on Market: +18.4% month-over-month (now 45).
• ▲ Oakridge -- Days on Market: +16.7% month-over-month (now 49).

Is Now a Good Time to Sell in London Ontario?

For accurately priced homes, yes. The citywide average sale-to-list ratio is holding close to full asking price -- well-priced homes are still finding motivated buyers; overpriced ones are the ones sitting. The citywide average sale-to-list ratio sat at 97.9% in August 2026. Not sure where your own home stands? A complimentary home evaluation gets you a real, current number.

Is Now a Good Time to Buy in London Ontario?

Yes, with realistic expectations. Well-priced homes are still moving at close to full asking, so steep discounts are rare -- but overpriced listings are lingering long enough to negotiate on. Buyers weighing where their budget goes furthest can explore all the areas we serve or dig into the numbers themselves on the interactive Neighbourhood Heat Map.

Source: MLS® resale data, compiled 2026-09-01. This post is generated automatically from live market data -- every number above is a direct lookup or plain arithmetic against already-computed aggregates; no AI system interprets or writes commentary on the underlying sold-price data.