London vs Montreal: Home Prices and Housing Market Compared
In September 2026, the average home in Montreal sold for $683,074, 15% more than the $591,927 average in the City of London. Over the past year, the average price fell 3.8% in the City of London and rose 0.9% in Montreal. The City of London is a buyer's market, while Montreal is a balanced market (sales at 32.7% and 41% of new listings). On a home at the average price, a buyer pays $8,314 in the City of London and $8,357 in Montreal ($9,010 in the City of Montreal).
In this comparison, London is the City of London, as its local board reports it.
Side by side
| City of LondonSeptember 2026 | MontrealSeptember 2026 | |
|---|---|---|
| Price | $591,927 average | $683,074 average |
| Yearly change in price | -3.8% | +0.9% |
| Homes sold | 381 (+8.9% yearly) | 3,082 (-11.6% yearly) |
| Detached / single-family | n/a | $635,000 median |
| Condo / apartment | n/a | $430,000 median |
| Days on market | 33 days median | Houses 41, condos 65 |
| Market conditions | Buyer's market (32.7% sales to new listings) | Balanced (41% sales to new listings) |
| Months of inventory | 5.7 | 5.3 12-month |
| Land transfer tax at that price | $8,314 | $8,357 ($9,010 in the City of Montreal) |
Latest month of each report. Prices are averages of all homes sold unless marked; conditions come from the sales-to-new-listings ratio (a buyer's market below 40%, a seller's above 60%), or for Greater Vancouver's region from sales to active listings (below 12% and above 20%). Land transfer tax is worked out on the price in the first row with the land transfer tax calculator, before any first-time buyer rebate.
London vs Montreal Housing Market: Quick Answers
Is London more expensive than Montreal?
No. In September 2026, the average home in Montreal sold for $683,074, 15% more than the $591,927 average in the City of London.
Are home prices going up in London or Montreal?
Over the past year, the average price fell 3.8% in the City of London and rose 0.9% in Montreal.
Is it easier to buy in London or Montreal?
The City of London, going by market conditions. The City of London is a buyer's market, while Montreal is a balanced market (sales at 32.7% and 41% of new listings).
Full reports and tools
- City of London housing market report
- Montreal housing market report
- City vs City affordability comparison: what the same income buys in each city
- Land transfer tax calculator, with first-time buyer rebates
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The statistics on this page belong to the London and St. Thomas Association of REALTORS® (LSTAR) and the Quebec Professional Association of Real Estate Brokers (QPAREB). You may quote them with credit and a link: see using our data.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.