London vs Winnipeg: Home Prices and Housing Market Compared

In September 2026, the average home in the City of London sold for $591,927, 39% more than the $427,258 average in the City of Winnipeg. Over the past year, the average price fell 3.8% in the City of London and rose 3.5% in the City of Winnipeg. On a home at the average price, a buyer pays $8,314 in the City of London and $6,332 in the City of Winnipeg.

In this comparison, London is the City of London and Winnipeg is the City of Winnipeg, as the local boards report them.

Side by side

City of LondonSeptember 2026City of WinnipegSeptember 2026
Price$591,927 average$427,258 average
Yearly change in price-3.8%+3.5%
Homes sold381 (+8.9% yearly)779 (-6.9% yearly)
Detached / single-familyn/a$462,689
Condo / apartmentn/a$289,388
Days on market33 days mediann/a
Market conditionsBuyer's market (32.7% sales to new listings)n/a
Months of inventory5.7n/a
Land transfer tax at that price$8,314$6,332

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 Winnipeg Housing Market: Quick Answers

Is London more expensive than Winnipeg?

Yes. In September 2026, the average home in the City of London sold for $591,927, 39% more than the $427,258 average in the City of Winnipeg.

Are home prices going up in London or Winnipeg?

Over the past year, the average price fell 3.8% in the City of London and rose 3.5% in the City of Winnipeg.

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The statistics on this page belong to the London and St. Thomas Association of REALTORS® (LSTAR) and the Winnipeg Regional Real Estate Board (WRREB). 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.