Elgin
Elgin Housing Market Report
Buyer's Market
All types - for the month of October
Buyer's market Seller's market
5
MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.
42
DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.
Total Active Listings*
598 active
New
224(-4.68% YoY)
Relisted
9(+28.57% YoY)
Compared to number of active, same period, in 2024: 559, in 2023: 577, in 2022: 328
Total Sold Listings*
110 sold
Median Sold Price
$530,000
Avg Days on Market
42 days
Median Bidding
-$12,750
Compared to number of sold, same period, in 2024: 136, in 2023: 128, in 2022: 131
*Data is for the month of October
Median Sold Price vs Average Days and Average Total Days on Market - Elgin - All types
Sold vs Active vs New vs Relisted - Elgin - All types
Sold Price Distribution - Elgin - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Elgin - All types
Property type distribution based on data from the last 3 months.
Median Price - Elgin - All types
Just listed - Elgin
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Just sold - Elgin
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Top 5 Schools in Elgin
Mitchell Hepburn Public School95 Raven Avenue, N5R 0C2, St Thomas, ON
6.3/10
Public•JK-8
South Dorchester Public School48614 Crossley Hunter Line, N0L 1B0, Belmont, ON
6.2/10
Public•JK-6
Summers' Corners Public School50576 Talbot Street, N5H 2R1, Aylmer, ON
6.1/10
Public•JK-8
Southwold Public School39261 Fingal Line, N5P 3S5, St Thomas, ON
6/10
Public•JK-8
Assumption Separate School42 South St E, N5H 1P6, Aylmer, ON
5.9/10
Public•JK-8