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Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

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May 2025 · London South

London South Sold Land Prices — May 2025

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.

🌿 2 Sales 📈 Avg $460,000 ⏱ 86 Days on Market 📅 May 2025
Avg Sold Price $460,000
Median Price $460,000
Avg List Price $458,950
Sale / List 100.2%
Over Asking 50%
Avg DOM 86 days
Total Sold
2
land parcels
Avg Sold Price
$460,000
all land types
Median Price
$460,000
mid-point
Sale / List
100.2%
avg ratio
Over Asking
50%
of all sales
Avg DOM
86
days on market
Price & Competition Summary
London South Land · May 2025
💰 Price Summary
Average Sold $460,000
Median Sold $460,000
Avg List Price $458,950
Lowest Sale $310,000
Highest Sale $610,000
Sale / List Ratio 100.2%
📊 Competition
Sold over asking 50.0%
Sold at asking 0.0%
Sold under asking 50.0%
Avg Days on Market 86 days
Fast · 050Slow · 100+
🔥 Sellers market — 50% sold above asking at a 100.23% sale-to-list ratio.
Popular Ontario Markets · May 2025
Average land sale price
CityAvg SoldMedianSale / ListDOMMarket
Ottawa$575,308$366,000 92.4%230d🧊 Buyers

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Frequently Asked Questions
London South Sold Land Prices · May 2025

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.

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