London St Thomas Housing Market Trends

Benchmark price $552,500 · -2.6% yearly change

Balanced Market

MLS® Home Price Index Data · Source: CREA · Last updated 2026-09

Composite Benchmark
$552,500
-0.2% from last month · HPI 374.8
Monthly Change
-0.2%
month over month
Yearly Change
-2.6%
year over year
All-Time Peak
$780,400
-29.2% from peak · Feb 2022
Balanced Market — London St Thomas. Supply and demand are roughly balanced.

Market Insights

Key signals computed from full price history

Price Recovery from Peak$552,500vs peak $780,400 · Feb 2022
Quarter-over-Quarter-1.5%price change, last 3 months
3-Year Total Return-6.9%trailing 36 months
5-Year Total Return-9.0%trailing 60 months
Price VolatilityLowstd dev of monthly changes: 0.8%
Affordability vs Ontario91%Ontario avg $605,479
Historical Low (Trough)$147,400Jan 2005 · +274.8% above low
Condo vs House Gap$283,600single-family costs more than condos
Best PerformerOne Storey -0.5%worst: Townhouse -10.0%
Market Momentum Score5.2/10Moderate — trend, volatility & conditions

Benchmark Price Trend

12-month composite benchmark price

$572K$567K$561K$556K$550KOct ’25Dec ’25Feb ’26May ’26Jul ’26Sep ’26$552,500Sep ’26

Benchmark Price Over Time

Composite benchmark price history

$572K$567K$561K$556K$550KOct ’25Dec ’25Feb ’26May ’26Jul ’26Sep ’26$552,500Sep ’26

HPI Index Over Time

Composite HPI (base 100)

$388$384$381$377$373Oct ’25Dec ’25Feb ’26May ’26Jul ’26Sep ’26374.8Sep ’26

Property Type Breakdown

Latest benchmark prices by type

Single Family$600,700HPI 367
Monthly-0.2%
Yearly-3.0%
One Storey$541,300HPI 362.6
Monthly+0.2%
Yearly-0.5%
Two Storey$648,100HPI 370.6
Monthly-0.5%
Yearly-4.9%
Townhouse$421,500HPI 393.9
Monthly-2.1%
Yearly-10.0%
Apartment / Condo$317,100HPI 338.1
Monthly+0.4%
Yearly-9.6%
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Property Type Details

Detailed breakdown for London St Thomas

Property TypeBenchmarkHPI IndexMonthlyYearly12-Month TrendPerf. Rank
Composite$552,500374.8-0.2%-2.6%——
Single Family$600,700367-0.2%-3.0%#2
One Storey$541,300362.6+0.2%-0.5%#1
Two Storey$648,100370.6-0.5%-4.9%#3
Townhouse$421,500393.9-2.1%-10.0%#5
Apartment / Condo$317,100338.1+0.4%-9.6%#4

All Ontario Markets

Compare benchmark prices and changes across all 28 Ontario markets.

Board RegionBenchmarkMonthlyYearlyPeakFrom PeakCondition
Oakville Milton$1,023,000-2.0%-4.2%Feb 2022 $1,573,100-35.0%Buyer's Market
Greater Toronto$917,600-0.9%-4.6%Feb 2022 $1,279,800-28.3%Buyer's Market
Mississauga$903,600-1.1%-6.4%Mar 2022 $1,326,500-31.9%Buyer's Market
Guelph and District$720,200+0.6%-3.6%Feb 2022 $976,100-26.2%Balanced Market
Hamilton Burlington$718,600-1.3%-5.1%Feb 2022 $1,031,700-30.3%Buyer's Market
Barrie and District$687,400-1.2%-5.3%Mar 2022 $969,700-29.1%Buyer's Market
Cambridge$662,700-0.6%-4.2%Feb 2022 $983,300-32.6%Buyer's Market
Kitchener Waterloo$630,200+0.3%-5.6%Feb 2022 $943,300-33.2%Buyer's Market
Northumberland Hills$628,600+0.1%-2.5%Mar 2022 $864,400-27.3%Balanced Market
Ottawa$623,500-2.2%-0.3%Mar 2022 $703,100-11.3%Buyer's Market
Lakelands$610,600-1.3%-4.8%Mar 2022 $795,400-23.2%Buyer's Market
Brantford Region$610,000-0.8%-7.7%Feb 2022 $863,000-29.3%Buyer's Market
Windsor Essex$570,000-2.4%-2.4%Apr 2022 $707,000-19.4%Buyer's Market
Peterborough and Kawarthas$568,200-0.8%-3.8%Mar 2022 $743,800-23.6%Buyer's Market
Simcoe and District$567,900+0.4%-3.4%Mar 2022 $701,700-19.1%Balanced Market
Niagara Region$567,400-0.4%-4.6%Mar 2022 $811,700-30.1%Buyer's Market
Woodstock Ingersoll Tillsonburg$566,700-1.8%-5.1%Apr 2022 $788,400-28.1%Buyer's Market
Grey Bruce Owen Sound$555,200-0.9%-1.7%Apr 2022 $667,800-16.9%Balanced Market
London St Thomas$552,500-0.2%-2.6%Feb 2022 $780,400-29.2%Balanced Market
Kawartha Lakes$547,400-1.8%-8.6%Apr 2022 $757,900-27.8%Buyer's Market
Kingston and Area$542,800-1.3%+0.5%Mar 2022 $624,100-13.0%Balanced Market
Huron Perth$538,900+0.9%-2.7%Apr 2022 $687,600-21.6%Balanced Market
Rideau St Lawrence$513,200-5.0%-5.3%Apr 2022 $590,500-13.1%Buyer's Market
Sudbury$498,000-0.3%-1.2%May 2026 $527,300-5.6%Balanced Market
Quinte and District$478,100-2.0%-6.9%Mar 2022 $626,400-23.7%Buyer's Market
Bancroft and Area$420,700+1.2%-13.5%Aug 2022 $521,000-19.3%Buyer's Market
North Bay$418,600-0.2%-1.7%Apr 2022 $440,000-4.9%Balanced Market
Sault Ste Marie$311,800-2.0%-2.4%Sep 2025 $319,400-2.4%Buyer's Market

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Data source: Canadian Real Estate Association (CREA) — MLS® Home Price Index. Last updated 2026-09.

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