Homes for Sale in London, Ontario Under $950,000

• By Ken Small, REALTOR® ·
• Ken Small Real Estate Team, London, Ontario ·
• Century 21 First Canadian Corp., Brokerage ·
• Last updated: October 6, 2026 ·
• Reviewed monthly.

What does the extra $300,000 buy in London?

London’s average sale price in September 2026 was $591,927 (LSTAR / CREA). That average mixes every type of home.

962 of these homes were under $650,000. So raising the ceiling to $950,000 added 412 more.

Look at that gap for a second. Most of this list was already inside the smaller budget.

What you buy with it is bedrooms and land, not a different city. Honestly, that is the whole trade. More house, same commute.

Is $950,000 your ceiling or your target?

Some buyers set a high ceiling and then never use it.

Homes under $650,000 are the same feed, filtered tighter.

Why is the London average not your number?

The City of London’s average sale price is $591,927. That figure blends every property type, so it describes the city, not your home.

LSTAR also publishes a benchmark price by home type, same month. It covers all LSTAR regions, not only London:

• Single-Family benchmark — $600,700
• Two Storey benchmark — $648,100
• One Storey benchmark — $541,300
• Townhouse benchmark — $421,500
• Apartment benchmark — $317,100
• City of London, all types, average — $591,927

Source: LSTAR / CREA, September 2026. A benchmark tracks a typical home of that type. It moves differently from the average, because the average also shifts when the mix of what sold changes.

Your own number depends on the home and the street. How we evaluate the home you are buying.

What does this list include, and what does it leave out?

It includes single-family homes. Houses, townhouses and condominium units all appear.

It leaves out commercial buildings, vacant land, and anything for rent.

Here is why that matters. A raw board search mixes all of it together. You end up scrolling past a $15 commercial lease to find a house.

It searches London East, London North and London South. Nearby towns like Komoka, Kilworth and Dorchester need their own search.

Who this is not for

If you want an agent who opens doors and stays quiet, we’re probably not your team. We push back on a bad house. We run the numbers out loud. And we will talk you out of a home that is wrong for you.

What do London buyers say about Ken?

★★★★★

All the way from the start of the house search, Ken was there to help at every step. From setting up search criteria that exactly met our needs, to getting viewings scheduled, to providing honest feedback about the properties (which is often rare for most agents); Ken went above and beyond our expectations. 10/10 experience with Ken.

J H · Buyer · Apr 2023 · via Google

4.9 average from 14 Google reviews, as shown on our reviews page (October 2026). Read every review →

Common questions about buying under $950,000 in London