Leamington, Ontario Real Estate Market Update: October 2026

November 5, 2026

Leamington October 2026 market update thumbnail reading “Prices up 13%? Not the whole story,” featuring Linda Hakr.

What are homes selling for in Leamington, Ontario? The median sale price in Leamington was $485,000 in October 2026, and the MLS® benchmark price was $550,400, down 2.8% from a year ago.

If you saw a headline saying Leamington home prices jumped 13% in October, you’re not wrong. The average sale price did go up 13.3%. But that number doesn’t tell the whole story, and if you’re buying or selling in Leamington, Ontario, the real story matters a lot more.

I’m Linda Hakr, a REALTOR® with JUMP Realty Inc. I live just down the road in Wheatley, and Leamington is one of the towns I work in every week. Here’s what October’s numbers really say, which ones to trust, and what I’d do with them right now.

Leamington Market at a Glance: October 2026

Measure October 2026 vs. October 2025
Homes sold 25 Down 13.8%
New listings 67 Down 4.3%
Active listings (month-end) 123 Down 0.8%
MLS® HPI benchmark price $550,400 Down 2.8%
Average sale price $554,060 Up 13.3%
Median sale price $485,000 Up 4.3%
Sale-to-list price ratio 97.8% Was 97.1%
Months of inventory 4.9 Was 4.3
Median days on market 18 Was 30

Source: Windsor-Essex County Association of REALTORS® Residential Market Activity and MLS® Home Price Index Report, October 2026, MLS® Area 40 – Leamington, prepared by CREA.

Did Leamington Home Prices Really Jump 13%?

No. The average sale price in Leamington was $554,060 in October, up 13.3% from last October, and the median was $485,000, up 4.3%. But only 25 homes sold. When the number of sales is that small, a few larger or more expensive homes selling in the same month can pull the average up a lot.

It doesn’t mean the house down the street is suddenly worth 13% more. It just means a different mix of homes sold this October than last October.

The Number to Trust: Leamington’s Benchmark Price

The MLS® Home Price Index benchmark compares similar homes month to month, so it isn’t thrown off by which homes happened to sell. In Leamington, the benchmark was $550,400 in October. That’s down 0.9% from September and down 2.8% from a year ago. The single-family benchmark was $562,200, also down 2.8% year over year.

The year-to-date numbers back that up. From January to October 2026, the average sale price in Leamington was $481,491, down 11.9% from the same stretch last year, and the median was $440,000, down 12.0%. So prices in Leamington are drifting lower, not jumping.

Leamington Homes Are Selling Faster

Here’s the number that really did change. The median days on market in Leamington was 18 days in October, compared to 30 days last October. Half the homes that sold went in 18 days or less.

That tells me buyers are out there, and they’re acting when they see the right house at the right price.

How Much Room Is There to Negotiate?

The sale-to-list price ratio in Leamington was 97.8% in October, so the typical home sold for a little over 2% below its asking price. On a home listed at $485,000, that works out to roughly $10,000 of room. A year ago, the ratio was 97.1%, so negotiating room is about the same.

Leamington had 4.9 months of inventory at the end of October, with 123 homes for sale. That’s a balanced market, leaning slightly toward buyers.

Houses Are Moving, Condos Need Patience

Single-family homes

Almost all of Leamington’s activity is houses. 23 of the 25 sales in October were single-family homes. Single-family inventory was 4.7 months, the median selling time was 18 days, and houses sold for 97.9% of asking on average.

Apartment-style condos

Condos are a very different story. Not one apartment-style condo sold in Leamington in October. Six were on the market, only five have sold so far this year, and those took a median of 78 days to sell. If you own a condo in Leamington and you’re thinking about selling, plan for a longer timeline and price carefully from the start.

How Leamington Compares to Windsor-Essex

Across Windsor-Essex County, the October benchmark price was $561,600, down 4.8% from a year ago, with 4.7 months of inventory and homes selling for 98.9% of asking. Leamington’s benchmark of $550,400 sits a little below the county, and it has fallen less over the past year. Leamington homes are also selling faster than the county’s median of 19 days.

What the Bank of Canada Rate Hike Means for Leamington

On October 28, 2026, the Bank of Canada raised its key interest rate by a quarter of a percentage point, from 2.25% to 2.50%. Most of Leamington’s October sales were already done by then, so these numbers don’t reflect it yet. Buyers using variable-rate mortgages or lines of credit will feel it first, and some buyers may qualify for a little less than they did a month ago.

What This Means If You’re Buying in Leamington

  • You have choices, with 123 homes for sale at the end of October.
  • Expect some room to negotiate, about 2% below asking on average.
  • Update your mortgage pre-approval before you start looking, since rates just went up.
  • Don’t wait too long on a well-priced house. Half of them sold in 18 days or less.
  • If you’re shopping for a condo, you have more leverage than house buyers do.

What This Means If You’re Selling in Leamington

Don’t price your home off the 13% headline. If you list based on that average, you’ll likely end up overpriced, and with almost five months of inventory, overpriced homes sit. Price it against what similar Leamington homes have actually sold for, and you have a real shot at selling in a few weeks.

If you’re selling a condo, build a longer timeline into your plans from day one.

Frequently Asked Questions

Are home prices going up in Leamington, Ontario?

Not really. The average sale price rose 13.3% in October 2026, but that was driven by the mix of homes sold. Leamington’s MLS® benchmark price was $550,400, down 2.8% from a year ago, and the year-to-date average was down 11.9%.

How long does it take to sell a house in Leamington?

In October 2026, the median days on market for homes in Leamington was 18 days, down from 30 days a year earlier. Condos are much slower, with a median of 78 days for those sold so far in 2026.

Is it a good time to buy in Leamington?

For many buyers, yes. Leamington had 4.9 months of inventory in October 2026, and homes sold for 97.8% of asking on average, which gives buyers choice and some room to negotiate. Well-priced houses still sell quickly, so it helps to be ready.

Thinking About Buying or Selling in Leamington?

If you’re curious what your Leamington home would sell for in today’s market, or you’re thinking about moving to Leamington, Kingsville, or Wheatley, I’d love to help. I’ll put together a real number for your home, no pressure.

Linda Hakr is a REALTOR® with JUMP Realty Inc., a three-time Top Producer, 2025 Gold Award winner, and ranked in the Top 5% at JUMP Realty, with 22 homes sold in 2025, a #1 ranking in Chatham-Kent on RateMyAgent, and 40+ five-star Google reviews. She serves Windsor-Essex and Chatham-Kent, including Leamington, Kingsville, Wheatley, and Chatham. Reach Linda at 519-654-6695, linda.hakr@jumprealty.ca, or lindahakrrealtor.ca.

Thinking about moving to Leamington? Watch 11 Things Nobody Tells You About Moving to Leamington.

Cheers, Linda Hakr, REALTOR®.