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There are currently 79 sold bungalow listings in Cavan Monaghan, Ontario with an average price of $927,447 CAD.

Listings:
79
Avg. Price:
$927,447

Cavan Monaghan Bungalow Market Trends & Statistics

Verified MLS® bungalow pricing, sales velocity, and historical inventory data.

Seller's Market(362.5% SNR)
Median Sold (6M)
$836,000
-9.5% YoY
Avg. Days on Market
32 Days
6-month closed average
Sold (6M) / Active
58 / 16
Closed vs active inventory
6M / 2Y Price Change
-34.2% (6M)
2Y trend: +43.4%
Nov 26: Median $760,000 • 9 sold • 38 DOMHover or tap points to inspect monthly data
$540k$775k$1.01M$1.25M$1.48MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Cavan Monaghan Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$836,0005832 days16
1 Year$830,0008339 days16
3 Years$800,00015634 days16
5 Years$800,00015634 days16

Sold Bungalow Benchmarks & Market Trends in Cavan Monaghan

Reviewing recently sold bungalows in Cavan Monaghan provides direct, unvarnished insight into actual closing values and transaction liquidity. With 79 verified bungalow sales recorded on the MLS®, buyers and sellers can track real sale prices, sale-to-list price ratios, and average days on market (DOM).

Historical sales data in Cavan Monaghan demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Cavan Monaghan

BedroomsAvg. PriceActive Listings
2 Beds$634,85711
3 Beds$868,40870
4 Beds$966,77442
5+ Beds$1,111,30331

Cavan Monaghan Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Cavan Monaghan establish clear pricing benchmarks. Entry-level single-storey properties have traded from $280K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $2.5M. The benchmark average sold price for a bungalow in Cavan Monaghan sits at $922K.

Because land value represents the overwhelming majority of a bungalow's total equity in Cavan Monaghan, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in Cavan Monaghan

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Cavan Monaghan, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Cavan Monaghan can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).

This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in Cavan Monaghan exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in Cavan Monaghan

Exploring sub-areas within Cavan Monaghan can help buyers compare average prices and active inventory across communities.

NeighborhoodAvg. PriceListings
Cavan Twp$938,997120
Millbrook Village$677,53820
Cavan-Monaghan$1,136,28314

Accessibility, Aging-in-Place & Downsizer Demand in Cavan Monaghan

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Cavan Monaghan deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in Cavan Monaghan represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Cavan Monaghan.

The average sold price for a bungalow in Cavan Monaghan is currently $922K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.