2 land parcels sold in London South in May 2025. Average sold price $460,000. 50% sold above asking — strong demand for land in this area.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Ottawa | $575,308 | $366,000 | 92.4% | 230d | 🧊 Buyers |
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2 land parcels sold in London South in May 2025. The average sold price was $460,000 and the median was $460,000. The average and median are within 0% of each other.
50% of land parcels in London South sold above asking in May 2025, with an average sale-to-list ratio of 100.2%. On average, parcels sold 0.2% above the listed price.
Land in London South took an average of 86 days to sell in May 2025, which is typical for land — land takes longer than homes. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In May 2025, land in London South sold between $310,000 and $610,000. This includes lots, acreage, and agricultural parcels. The average sold price was $460,000 and the median was $460,000.
The average land sale price in London South in May 2025 was $460,000, which is $40,397 below the Ontario average of $500,397. The Ontario average for the same period was $500,397.
Data note: Based on MLS® land sale transaction data for London South, Ontario. Not official TRREB or CREA data. For general research only.