HonestDoor

    Stoney-Creek, London - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    London, Stoney-Creek

    Stoney Creek, London: Here's What Your Home Is Actually Worth Right Now

    If you've been glancing at your city tax assessment and thinking it tells the full story, it doesn't. Here's the real picture for Stoney Creek homeowners in 2025 - straight, no fluff.

    The Vibe: What's Happening on Our Streets

    The market in Stoney Creek is taking a breather. That's not panic-worthy - it's just the reality we're working with. Here's the split between houses and condos, because they're telling two different stories right now.

    Houses: Steady, But Patience Required

    • Average HonestDoor Price: $699,712 - down 2.18% from last period
    • Average sale price: $725,000
    • Current average list price: $749,888
    • Price per square foot: $403
    • Homes are selling at 96.68% of list price - buyers are negotiating, and winning
    • Average days on market: 146 days
    • Predicted market value: $715,335
    • Rental yield: 5.21% - that's a strong return if you're thinking landlord
    • Estimated monthly rent: $3,354

    One sale last month. One. And it sat on the market for nearly five months before it moved. That days-on-market rank is 12 out of 12 in London - meaning houses here are among the slowest-selling in the city right now. That's not a rumour, that's the data. If you're a buyer, you have leverage. If you're a seller, you need a sharp price from day one.

    The price rank tells a better story though - 8 out of 19 comparable neighbourhoods, which puts us above average in London for home values. And that predicted value of $715,335 is actually sitting slightly above nearby Uplands at $623,330, which might surprise a few people.

    Condos: The Quiet Comeback

    • Average HonestDoor Price: $437,608 - up 2.25% from last period
    • Predicted market value: $427,998
    • Estimated monthly rent: $2,209
    • Rental yield: 3.97%
    • Airbnb estimate: $112 per night

    Condos are the more interesting story here. While the predicted value is drifting slightly below the 3-month moving average of $432,453, the HonestDoor Price is actually up 2.25%. That gap is worth paying attention to. We're sitting above nearby Stoneybrook condos at $412,946, and well below Uplands at $622,307 - which means there's still room to grow if that corridor keeps appreciating.

    Growth rank for condos lands at 20 out of 39 London neighbourhoods - below average. Not a disaster, but not a bragging right either. The condo market here is in a holding pattern.

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

    Here's the thing about city assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the number a buyer's agent is looking at. It's the number a lender is thinking about. Your tax assessment is not.

    For houses in Stoney Creek, the HonestDoor Price sits at $699,712 right now. For condos, it's $437,608 - and that one is trending up. Knowing your real-world number isn't just satisfying - it's the difference between pricing your home right and sitting on the market for 146 days wondering what went wrong.

    The "So What?" - Thinking About Selling This Summer?

    Honest answer? Summer 2025 in Stoney Creek is a market that rewards preparation, not optimism.

    • Houses are moving slowly - 146 days on average. If you list in June hoping for a quick sale, you need to be priced sharply from day one. Overpricing here gets punished fast.
    • Buyers are paying about 3.3% below list price on average. Build that into your expectations before you pick a number.
    • The rental yield on houses is 5.21% - if selling feels uncertain, holding and renting is a genuinely solid option right now.
    • Condo owners have a small window of momentum with that 2.25% HonestDoor Price increase. If you've been on the fence, this is worth a conversation sooner rather than later.
    • Compared to Uplands and Fanshawe, Stoney Creek is still the more accessible entry point - which means buyer interest from people priced out of those neighbourhoods is real.

    Bottom line - Stoney Creek isn't broken, it's just asking sellers to be realistic and buyers to be bold. Check your HonestDoor Price, know your number, and make a move based on what the market is actually doing today - not what it was doing two years ago.

    stoney-creek | london | august 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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    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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