St. Thomas

Why you'd want to live in St. Thomas

The city has come a long way since it was first settled in 1810. Named after Thomas Talbot, who helped promote the development of this region during the early 19th century, the city was named the seat of the new Elgin County in 1844 and was incorporated as a village in 1852, as a town in 1861 and as a city in 1881. In the late 19th century and early 20th century several railways were constructed through the city, and located exactly halfway between Detroit and Buffalo, St. Thomas became an important railway junction. By 1914 there were 8 different railways operating in St. Thomas with over 100 trains a day passing through the city, earning it the title of the 'Railway Capital of Canada', which is celebrated today in the revitalization of the original train station and Elgin County Railway Museum. In the 1950s and 1960s, with the decline of the railway as a mode of transportation, other industry, principally automotive manufacturing, began to locate in the city with plants operated by Magna, Ford and Sterling Trucks along with many secondary producers driving economic prosperity for the next 50 years. Unfortunately, the auto industry suffered significantly in the the worldwide recession that began in 2008 and even St. Thomas could not completely escape unscathed. Several plant closings, including those of some of the city's larger employers, hindered economic growth. Fortunately, work had already begun on diversifying the economy and just as St. Thomas was able to successfully negotiate the decline of the railway industry, the city is well-positioned to prosper in the new economy. The citizens of St. Thomas have also prospered away from home, most notably including the NHL's Joe Thornton, NASCAR driver D.J. Kennington and the actresses Helen Shaver and Rachel McAdams. via stthomas.ca

St. Thomas Market Report

$676,810

AVERAGE PRICE OF 73 HOMES

$1,300,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$680,740

AVERAGE PRICE OF 5 HOMES WITH A POOL

$644,914

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $676,810
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

2 bedrooms $609,681
3 bedrooms $653,839
4 bedrooms $761,689
5 bedrooms $816,300
St. Thomas Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 298 180 134 136 174
Average Price $742,860 $795,967 $852,979 $867,761 $783,958
Avg Price Change -7.15% -7.16% -1.73% +10.69% +4.16%
Median Price $697,905 $716,283 $711,962 $684,900 $632,149
Med Price Change -2.63% +0.61% +3.95% +8.34% +0.40%
Avg Bedrooms 3.23 beds 3.24 beds 4.14 beds 4.21 beds 2.81 beds
Avg Bathrooms 2.46 baths 2.66 baths 2.8 baths 2.84 baths 1.88 baths
Total Homes Average Price
All Homes 73 $676,810
Multi-Million Dollar Homes 1 $1,300,000
Homes with a Pool 5 $680,740
Reduced Price Homes 7 $644,914
The Realty Firm Inc. Brokerage | Siemens Home Team
11B - 395 Wellington Road
London, ON N6C 5Z6
Christine Siemens 519-851-1078
Kurtis Siemens 519-719-6454

Data is provided courtesy of Information Technology Systems Ontario, Inc
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated May 19, 2024
Data provided by the Windsor-Essex County Association of REALTORS® (WECAR). The information is deemed reliable, but is not guaranteed.
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