Elora, Ontario, Canada
As of August 12, 2026, the median asking price in Elora is $987,159, across 73 active MLS® listings.
Those listings have been on the market an average of 72 days.
22 new listings came to market in Elora in the last 30 days.
Asking prices work out to about $660 per square foot, based on the 23 listings that report floor area.
Detached homes in Elora are listed at an average of $1,385,335 across 42 active listings.
Condos in Elora are listed at an average of $1,128,243 across 23 active listings.
Limestone lanes and river light
Elora reads like a storybook without trying: honey-coloured limestone buildings, flower boxes on railings, and a historic core that’s genuinely walkable—more “stroll for a coffee” than “drive to a plaza.” The village grew around mills and river power on the Grand, and that early industry left behind a compact main street that now feels curated by time: boutiques in heritage storefronts, patios tucked into courtyards, and galleries that keep the streets lively beyond peak weekends.
Life here orbits the water and the cliffs. The Elora Gorge and the Grand River shape daily routines—morning dog walks on trails, summer tubing chatter, and shoulder-season hikes when the valley goes quiet and cinematic. Residents tend to be a blend: multi-generation locals who remember when the mills were the talk of town, retirees drawn by the pace and culture, and professionals who happily trade a longer commute to Guelph or Kitchener-Waterloo for a community where errands, dinner, and a concert can happen on foot.
Real estate is defined by scarcity and character. In and near the core you’ll see restored limestone and brick heritage homes, snug workers’ cottages, and tidy century houses with deep lots; farther out, newer subdivisions offer more space and garages without losing access to the village centre. Demand often tracks lifestyle—buyers willing to pay a premium for walkability, architecture, and a view that’s hard to replicate—while inventory can be tight, making well-finished, well-sited homes move quickly when they hit the market.
Elora’s Elora neighbourhood currently has 69 active for-sale listings with a median asking price of $962,114 and average pricing around $625/sqft, suggesting a market that remains expensive but with enough selection to compare options. Homes are averaging 74 days on market, indicating a more measured pace that can give buyers and investors added negotiating room, while 19 new listings in the past 30 days point to fresh inventory coming online without signaling an overly heated market.
Walk Score 90 · Bike Score 43
The median asking price in Elora is $987,159, across 73 active MLS® listings as of August 12, 2026. The average asking price is $1,382,606. These are list prices on homes currently for sale, not sale prices.
There are 73 active MLS® listings in Elora as of August 12, 2026. 22 of them came to market in the last 30 days.
Homes currently listed in Elora have been on the market an average of 72 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 73 homes currently listed in Elora, 58% detached houses, 32% condos, 5% townhouses.
Elora has a Walk Score of 90 out of 100, which Walk Score classifies as a Walker's Paradise — daily errands do not require a car. Bike Score is 43.