Stoney-Creek, London - October 2026 Real Estate Report
Stoney-Creek, London: The Market Is Taking a Breather - Here Is What That Means for Your Home
If you have been watching the "For Sale" signs on your street and wondering what is actually going on, here is the straight story. Stoney-Creek is not crashing. It is not booming either. It is a market that is pausing, and depending on whether you are buying or selling, that pause means very different things for your wallet.
The Vibe: Houses vs. Condos in Stoney-Creek Right Now
Let us start with houses, because that is where the most interesting tension is. The average sale price for a house here sits at $725,000, and listings are currently asking $749,888 on average. Buyers are landing deals at about 96.68% of list price - meaning if you list at $750,000, expect to close somewhere around $725,000. That gap is real money, and it tells us buyers have leverage right now.
- Average house sale price: $725,000
- Average list price this month: $749,888
- Sale-to-list ratio: 96.68% - buyers are paying below ask
- Average days on market: 146 days
- Price per square foot: $403
- Rental yield on houses: 5.26% - that is a strong return for investors
- Estimated monthly rent: $3,275
That 146-day average is the number we need to talk about honestly. Stoney-Creek houses are sitting. The days-on-market rank is 12 out of 12 in London for this category - dead last. That does not mean your house will not sell. It means you need to price it right from day one, because overpriced listings are getting ignored.
On the condo side, the picture is similar. The average HonestDoor Price for condos is $414,383, down 1.56% from last period. The predicted market value sits at $420,949, but that number is sliding - it is down from a 3-month moving average of $428,852. Condo values have dropped 3.81% recently, and the growth rank for condos is 26 out of 38 London neighbourhoods. Below average, but not at the bottom.
- Average condo HonestDoor Price: $414,383
- Predicted condo value: $420,949
- 3-month moving average: $428,852 - values are dipping
- Recent value change: -3.81%
- Estimated monthly rent: $2,179
- Rental yield on condos: 3.98% - moderate, but workable
- Condo growth rank: 26 out of 38 London neighbourhoods
Compared to neighbours, Stoney-Creek condos are priced above Stoneybrook ($397,666) but well below Uplands ($612,864) and Fanshawe ($531,830). We sit in the middle of the pack on price, which is actually a reasonable position if you are trying to attract buyers who got priced out of Uplands.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that house prices in Stoney-Creek have shifted recently. It does not know that the 3-month trend on houses is pointing slightly downward, with the predicted value at $693,894 compared to a recent moving average of $702,933.
The HonestDoor Price is updated in real time. For houses, it is currently $681,155 - down 1.84% from last period. For condos, it is $414,383 - down 1.56%. These are not government estimates built on old sales data. They are live calculations that reflect what is actually happening on the street right now.
If you are a homeowner in Stoney-Creek, checking your HonestDoor Price today gives you a real-world check on where your property stands - not where it stood two years ago. That difference matters whether you are refinancing, selling, or just trying to understand what you actually own.
The "So What?" - Thinking About Selling This Summer?
If selling is on your mind, here is the honest take. Stoney-Creek is a buyers' market right now. That is not a reason to panic, but it is a reason to be strategic.
On the neighbourhood leaderboard, houses here rank 33 out of 41 London neighbourhoods for growth. That puts us in the bottom tier for appreciation right now. Waiting for a big price jump this summer is probably not the play. What you can control is how you price and present your home.
The good news for sellers who are also thinking like investors - a 5.26% rental yield on houses is genuinely strong. If your timeline is flexible, holding and renting is a real option worth running the numbers on. At $3,275 per month in estimated rent, a house here can carry itself while you wait for the market to find its footing again.
For condo owners thinking about selling - the 3.81% recent value drop is worth taking seriously. Pricing aggressively and moving quickly is likely a better strategy than holding out for a number the market is not currently supporting.
- House growth rank: 33 out of 41 London neighbourhoods - bottom tier
- Days-on-market rank: 12 out of 12 - slowest-selling in London right now
- Price rank: 9 out of 20 - above average in price for London
- Best move for sellers: Price sharp, do not chase last year's numbers
- Best move for investors: House rental yield of 5.26% makes holding a legitimate option
Bottom line - Stoney-Creek is not broken, it is just honest. The market is telling us something right now, and the smartest thing any of us can do is listen to it instead of arguing with it.
stoney-creek | london | october 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.