If you have been glancing at "For Sale" signs in Longwoods lately and wondering whether the market is still holding up, here is the honest answer: it is taking a breather. Values are down slightly, but the story is more nuanced than a single headline number. Let us break it down.
For houses, the average HonestDoor Price sits at $732,549, down 2.22% from the previous period. The predicted market value is $749,149, and that number is drifting downward - it is sitting below the 3-month moving average of $753,690. We are not in freefall, but the trend is pointing in one direction right now. On the neighbourhood leaderboard, our houses rank 34 out of 40 for growth in London. That puts us near the bottom of the pack, and it is worth knowing.
The condo picture is a bit more interesting. The average HonestDoor Price for condos is $566,195, which is actually up 3.34% from the previous period. That is a bright spot. The predicted market value is $547,893, which is pulling back from a 3-month moving average of $559,616, so some short-term softness is showing up. On the leaderboard, condos rank 28 out of 39 for growth - below average, but not at the bottom. We are also beating nearby Bostwick condos, which are sitting around $508,970.
For houses, Lambeth is the premium option nearby at $947,127, so Longwoods is meaningfully more affordable. Bostwick comes in cheaper at $715,691, and White Oaks is the budget pick at $549,584. We sit in the middle of that range - not the cheapest, not the priciest.
For condos, the gap is even sharper. Lambeth condos average $885,903, which is a completely different price category. Bostwick is cheaper at $518,728, and White Oaks is well below us at $284,965. Our $566,195 condo average puts us in a solid mid-market position.
Here is the thing about your city tax assessment - it is a snapshot from the past. By the time it lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data right now. With house values shifting by -1.66% recently, the gap between what the city thinks your home is worth and what a buyer would actually pay today could be significant - in either direction.
If your assessment was set when prices were higher, you could be paying more property tax than you should. If the market has moved in your favour in certain pockets, you want to know that before you price anything. The HonestDoor Price is your real-world check - not a government estimate that is already months or years out of date.
If you are a house owner thinking about listing this summer, the data is telling you to move with intention. Values are sliding slowly, not crashing, but waiting is not working in your favour right now. A house sitting at $749,149 in predicted value today could look different by fall if the downward trend continues. Pricing it right from day one - using a current HonestDoor Price, not last year's assessment - is the move.
If you own a condo, the 3.34% price increase is genuinely good news. You have a bit more leverage than your neighbours with houses right now. But the short-term predicted value is still dipping below the 3-month average, so do not assume that momentum will hold forever. Summer is a reasonable window to act.
One more thing worth knowing - if you are not selling but thinking about renting, a house in Longwoods can pull in around $3,455 per month with a 5.16% rental yield. That is a strong return by any measure, and it gives you options if selling feels premature right now.
longwoods | london | august 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.