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    Oakridge, London - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    London, Oakridge

    Oakridge, London: Your Neighbour Probably Doesn't Know This Yet

    If you own a home in Oakridge and you're still relying on your city tax assessment to know what your place is worth, you're working with stale numbers. Here's what's actually happening on the ground right now.

    The Vibe: Houses vs. Condos in Oakridge

    The two sides of the Oakridge market are telling pretty different stories right now, and if you own here, it matters which side you're on.

    Houses: The average HonestDoor Price for a house in Oakridge sits at $824,611, up 2.18% from the previous period. That's a real, measurable gain. The average sale price came in at $640,000, with listings averaging $739,900 this month. Homes are selling at 98.66% of list price - buyers are getting a small discount, but sellers aren't giving the place away. With an average of 21 days on market, things aren't flying off the shelf, but they're moving. We're in stable buyers' market territory here - not a crash, not a frenzy. Just a steady pace.

    • Average HonestDoor Price (Houses): $824,611
    • Recent price change: +2.18%
    • Average sale price: $640,000
    • Average list price: $739,900
    • Price per square foot: $320
    • Sale-to-list ratio: 98.66%
    • Average days on market: 21
    • Estimated monthly rent: $3,655
    • Rental yield: 5.08%
    • Airbnb estimate: $182 per night

    Condos: This is where us condo owners need to pay attention. The average HonestDoor Price for a condo in Oakridge has dipped to $516,638, down 4.26% from the previous period. That's not a disaster, but it's a signal worth watching. The predicted market value is $539,607, which is actually ticking slightly upward against the 3-month moving average of $538,172 - so there's a small recovery signal buried in there. Rental yield comes in at a moderate 3.75%, with estimated rent at $2,572 per month. Compared to nearby Byron at $567,871, we're sitting a bit lower on condo pricing right now.

    • Average HonestDoor Price (Condos): $516,638
    • Recent price change: -4.26%
    • Predicted market value: $539,607
    • 3-month moving average: $538,172
    • Estimated monthly rent: $2,572
    • Rental yield: 3.75%
    • Airbnb estimate: $128 per night

    The Neighbourhood Leaderboard

    Here's how Oakridge stacks up against the rest of London - think of it as a standings table for your investment.

    For houses, Oakridge ranks 21 out of 37 neighbourhoods for growth. That puts us in the bottom half of the London leaderboard right now - below average, but not at the bottom. On price, we rank 12 out of 19. Days on market ranks 7 out of 12, which means homes here take a bit longer to sell than in faster-moving parts of the city.

    For condos, the growth rank is 23 out of 39 neighbourhoods - again, below average. Not alarming, but not a bragging point either.

    The closest neighbours tell the story well. For houses, Riverbend is pricier at $936,157, Byron is cheaper at $792,406, and Hyde-Park comes in lower at $742,029. Oakridge sits comfortably in the middle of that pack. For condos, Riverbend is significantly higher at $677,033, Byron edges us out at $567,871, and Hyde-Park comes in below us at $480,827.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Your city assessment is a snapshot taken months - sometimes over a year - ago. It doesn't know that house prices in Oakridge just moved up 2.18%. It doesn't know that condo values have shifted down 4.26%. It's basically a photo from last year telling you what you look like today.

    The HonestDoor Price is updated in real time using actual market activity. For a house owner in Oakridge, that's the difference between thinking your home is worth one number and knowing it's closer to $824,611. For a condo owner, it's the early warning system that tells you the market is softening before your neighbour's listing sits unsold for 60 days.

    If you're making any financial decision - refinancing, selling, even just curious - the HonestDoor Price is the number to start with, not the one on your tax bill.

    The So What: Thinking About Selling This Summer?

    Here's the straight answer for Oakridge homeowners eyeing a summer sale.

    If you own a house, the timing is reasonable. Values are up slightly, buyers are active enough to close deals within three weeks, and you're likely to land within 1-2% of your asking price if you price it right. The key word there is "right." With a price rank of 12 out of 19 in London, overpricing will hurt you. Come in sharp, and you'll move it. A rental yield of 5.08% also means investor buyers are paying attention to Oakridge houses - that's extra demand working in your favour.

    If you own a condo, be honest with yourself about the 4.26% dip. That doesn't mean don't sell - it means price with your eyes open. The predicted value of $539,607 is your anchor. Listings that chase last year's peak will sit. Listings priced for today's market will find a buyer. The small upward tick in the 3-month trend is a mild positive sign, but it's not a green light to get aggressive on price.

    Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not guessing it.

    oakridge | london | september 2026

    This 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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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