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Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

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May 2026 · London South

London South Sold Land Prices — May 2026

4 land parcels sold in London South in May 2026. Average sold price $779,975. 75% sold below asking — buyers have negotiating room.

🌿 4 Sales 📈 Avg $779,975 ⏱ 79 Days on Market 📅 May 2026
Avg Sold Price $779,975
Median Price $632,500
Avg List Price $796,150
Sale / List 98.0%
Over Asking 0%
Avg DOM 79 days
Total Sold
4
land parcels
Avg Sold Price
$779,975
all land types
Median Price
$632,500
mid-point
Sale / List
98.0%
avg ratio
Over Asking
0%
of all sales
Avg DOM
79
days on market
Price & Competition Summary
London South Land · May 2026
💰 Price Summary
Average Sold $779,975
Median Sold $632,500
Avg List Price $796,150
Lowest Sale $555,000
Highest Sale $1,299,900
Sale / List Ratio 98.0%
📊 Competition
Sold over asking 0.0%
Sold at asking 25.0%
Sold under asking 75.0%
Avg Days on Market 79 days
Fast · 050Slow · 100+
🧊 Buyers market — 75% sold below asking. Avg 79 days on market.
Popular Ontario Markets · May 2026
Average land sale price
CityAvg SoldMedianSale / ListDOMMarket
Ottawa$740,717$634,300 95.1%173d🧊 Buyers

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Frequently Asked Questions
London South Sold Land Prices · May 2026

4 land parcels sold in London South in May 2026. The average sold price was $779,975 and the median was $632,500. The average is 23.3% higher than the median.

75% of land sold below asking in London South in May 2026, with an average sale-to-list ratio of 98.0%. The average sale-to-list ratio was 98.0%.

Land in London South took an average of 79 days to sell in May 2026, 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 2026, land in London South sold between $555,000 and $1,299,900. This includes lots, acreage, and agricultural parcels. The average sold price was $779,975 and the median was $632,500.

The average land sale price in London South in May 2026 was $779,975, which is $193,714 above the Ontario average of $586,261. The Ontario average for the same period was $586,261.

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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