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There are currently 12 for sale bungalow listings in Cavan Monaghan, Ontario with an average price of $965,811 CAD.

Listings:
12
Avg. Price:
$965,811

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

Bungalow Living & Market Dynamics in Cavan Monaghan

The single-storey housing market in Cavan Monaghan currently offers 12 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Cavan Monaghan are distinguished by their generous lot frontages—typically spanning 50 to 70+ feet—mature tree canopies, and exceptional privacy compared to modern high-density subdivisions.

Buyers exploring Cavan Monaghan will find diverse single-storey architectural configurations: classic mid-century detached brick bungalows, raised bungalows featuring high above-grade windows that flood lower levels with natural light, modern executive bungalofts with ground-floor primary suites, and expansive split-level designs.

Average Prices by Bedroom in Cavan Monaghan

BedroomsAvg. PriceActive Listings
3 Beds$880,4889
4 Beds$1,076,2673
5+ Beds$1,074,9474

Cavan Monaghan Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Cavan Monaghan is currently $966K. Entry-level bungalows start around $640K, presenting accessible opportunities for first-time buyers, downsizers, or renovation enthusiasts seeking solid structural footprints. At the upper tier, luxury custom bungalows and executive estates on premium mature lots command up to $1.3M.

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$981,29111
Cavan-Monaghan$864,4442
Millbrook Village$817,4452

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 listing price for a bungalow in Cavan Monaghan is currently $966K, 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.