Market Report April 2026 · London & St. Thomas, Ontario · Single-family detached · Source: LSTAR

London Ontario Real Estate Market Report — April 2026

470 single-family detached homes sold across London and St. Thomas in April. Inventory sat in balanced territory at 4.8 months, the typical home sold in 21 days, and the average price was 2.7% lower than April 2025. Here is what the numbers mean if you are thinking about buying or selling.

Eric Cassidy, REALTOR® in London, Ontario
Eric Cassidy
REALTOR® · Royal LePage Triland Realty, Brokerage · About Eric
Sales (single-family)
470
↓ 6.4% vs April 2025
Average Price
677K
↓ 2.7% vs April 2025
Active Listings
2,259
Month-end count
Months of Inventory
4.8
Balanced range: 4–6
Balanced
Eric's Read

What April's numbers actually mean

April 2026 was a balanced market for single-family detached homes. Sales were down 6.4% from April 2025 and the average price was down 2.7%, but nothing in the month points to a sharp move in either direction. Buyers have choice, and sellers who price accurately are still getting deals done.

📋If you're thinking about selling

With 2,259 active listings against 470 sales, buyers can afford to be selective. The typical home sold in 21 days, two days slower than last April, so pricing and presentation in the first two weeks matter. Overpriced homes are the ones that sit.

🔑If you're thinking about buying

Homes sold for an average of 97.6% of list price, which leaves some room to negotiate. It is not a discount that justifies a lowball offer on a well-priced home. Know the recent comparable sales before you write an offer.

Single-Family Detached · April 2026

The key numbers at a glance

Volume
470
Single-family homes sold
↓ 6.4% yr/yr
Pricing
$677K
Average sale price
↓ 2.7% yr/yr
Pricing
$624K
Median sale price
$623,750
Days on Market
21
Median days to sell
19 days in April 2025
Sale-to-List
97.6%
Average sale price vs asking
New Listings
1,331
New listings in April
35.3 sales per 100 new
Active Listings
2,259
Homes on market at month-end
Inventory
4.8
Months of inventory
Balanced range: 4–6

Source: LSTAR Residential Market Activity Report, April 2026 (single-family detached; London and St. Thomas area). Figures are historical, may be revised, and are for information only.

Single-Family Detached · April 2026

Price, speed and supply in detail

The three numbers most buyers and sellers ask about: what homes are selling for, how long they take, and how much choice buyers have.

💰 Price
$677,292
Average sale price · April 2026
Median sale price $623,750
Avg price vs April 2025 ↓ 2.7%
Sales 470
⏱ Time to Sell
21 days
Median days on market · April 2026
April 2025 median 19 days
Average sale-to-list 97.6%
Sales vs April 2025 ↓ 6.4%
🏡 Supply & Demand
4.8 months
Months of inventory · April 2026
Active listings 2,259
New listings 1,331
Sales per 100 new listings 35.3
Sales 470
Historical Context

Where April sits in the 2026 series

Sales — April 2026 (single-family detached)
Apr
470
Median days on market — April 2026
Apr
21 days

This series starts with April 2026. Each bar is one month of single-family detached data from LSTAR.

Market Conditions

Where does London sit right now?

0 4 8+ Seller's Balanced Buyer's
4.8 months
Single-family detached · London & St. Thomas · April 2026
Seller's Market — Under 4 months
Sellers have leverage. Multiple offers are common, and homes sell quickly and often above asking.
Balanced — 4–6 months ← We are here
London and St. Thomas single-family detached homes sit at 4.8 months, in the middle of the balanced range. Neither side holds a clear advantage; pricing and condition decide outcomes.
Buyer's Market — Over 6 months
Buyers hold the leverage. Larger price reductions and longer days on market are typical.
Straight Answers

What buyers and sellers are asking right now

Is the London Ontario real estate market going up or down in April 2026?
Single-family detached prices in the LSTAR area (London and St. Thomas) were lower year-over-year. The average sale price was $677,292 in April 2026, 2.7% below April 2025, and the median was $623,750. Sales were down 6.4% year-over-year, so activity is a little softer than last spring. With 4.8 months of inventory, conditions are balanced.
How long does it take to sell a home in London Ontario right now?
The median days on market for single-family detached homes in April 2026 was 21 days, compared with 19 days in April 2025. That is two days slower than a year ago, but still well inside a month. Homes sold for an average of 97.6% of list price.
What is the average home price in London Ontario in April 2026?
In April 2026 the average sale price for single-family detached homes in the LSTAR area (London and St. Thomas) was $677,292, 2.7% below April 2025. The median sale price was $623,750. The average moves with the mix of homes sold in a month, so the median is a useful second reference.
Is now a good time to buy or sell a home in London Ontario?
That depends on your timeline, finances and the specific home, not on a single month of data. At 4.8 months of inventory and a 97.6% average sale-to-list ratio, neither buyers nor sellers hold a clear advantage. Accurate pricing matters for sellers; for buyers, knowing recent comparable sales matters more than timing the market.
Frequently Asked

More questions about the London market

What does "months of inventory" actually mean?
Months of inventory tells you how long it would take to sell all current listings at the current rate of sales, with no new listings added. Under 4 months is generally a seller's market, 4–6 months is balanced, and over 6 months favours buyers. Single-family detached homes in the LSTAR area stood at 4.8 months in April 2026.
Why does this report cover single-family detached homes only?
Single-family detached homes are the segment most London and St. Thomas buyers and sellers are asking about, and a single set of consistent metrics is easier to follow month to month. Condominium, townhouse and apartment markets can move differently. If you want numbers for a specific property type or neighbourhood, ask Eric directly.
What do median days on market and sale-to-list ratio mean?
Median days on market is the middle number of days it took homes to sell, so half sold faster and half took longer. The sale-to-list ratio compares the final sale price with the asking price: 97.6% means homes sold, on average, for about 2.4% less than list.
Where does Eric Cassidy get this market data?
All statistics in this report come from the London and St. Thomas Association of REALTORS® (LSTAR) monthly Residential Market Activity Report for April 2026, using the single-family detached figures. Figures are historical, may be revised by LSTAR, and are for information only; they are not a valuation of any property or a forecast.

What does this market mean for your home?

Numbers are useful. A conversation about your specific home, neighbourhood and timeline is more useful. Eric gives you an honest read — no pressure, no obligation.

Get a Free Home Evaluation Talk to Eric

Eric Cassidy, REALTOR® · Royal LePage Triland Realty, Brokerage · (519) 871-4536

Past Reports
February 2026 April 2026 May 2026 June 2026 July 2026 August 2026 September 2026 All market reports →