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There are currently 14 for sale bungalow listings in Elora/Salem, Centre Wellington, Ontario with an average price of $899,282 CAD.

Listings:
14
Avg. Price:
$899,282
Map View
135 Queen Street N 34, Centre Wellington, ON N0B 1S0 - Property 1
$699,900
135 Queen Street N 34, Centre Wellington
2 bed • 3 bath • 2 parking
305 Colborne Street, Centre Wellington, ON N0B 1S0 - Property 1
$899,900
305 Colborne Street, Centre Wellington
3 bed • 2 bath • 4 parking
1 Cutting Drive, Centre Wellington, ON N0B 1S0 - Property 1
$799,900
1 Cutting Drive, Centre Wellington
4 bed • 3 bath • 4 parking
266 Colborne Street E, Centre Wellington, ON N0B 1S0 - Property 1
$939,000
266 Colborne Street E, Centre Wellington
5 bed • 2 bath • 3 parking
51 Mcgowan Street, Centre Wellington, ON N0B 1S0 - Property 1
$999,900
51 Mcgowan Street, Centre Wellington
4 bed • 3 bath • 6 parking
120 Wellington 7 Road, Centre Wellington, ON N0B 1S0 - Property 1
$799,900
120 Wellington 7 Road, Centre Wellington
2 bed • 1 bath • 7 parking
503 Wellington 7 Road, Centre Wellington, ON N0B 1S0 - Property 1
$985,000
503 Wellington 7 Road, Centre Wellington
4 bed • 3 bath • 15,589 sqft
284 Colborne Street, Centre Wellington, ON N0B 1S0 - Property 1
$899,900
284 Colborne Street, Centre Wellington
4 bed • 3 bath • 4 parking
56 Wilson Crescent, Centre Wellington, ON N0B 1S0 - Property 1
$899,900
56 Wilson Crescent, Centre Wellington
4 bed • 2 bath • 5 parking
294 Colborne Street, Centre Wellington, ON N0B 1S0 - Property 1
$829,900
294 Colborne Street, Centre Wellington
4 bed • 3 bath • 4 parking
66 Woolwich Street W, Centre Wellington, ON N0B 1S0 - Property 1
$829,000
66 Woolwich Street W, Centre Wellington
3 bed • 1 bath • 8,730 sqft
18 Driscoll Street, Centre Wellington, ON N0B 1S0 - Property 1
$907,956
18 Driscoll Street, Centre Wellington
2 bed • 2 bath • 4 parking

Elora/Salem, Centre Wellington Bungalow Market Trends & Statistics

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

Seller's Market(321.4% SNR)
Median Sold (6M)
$850,000
+1.3% YoY
Avg. Days on Market
42 Days
6-month closed average
Sold (6M) / Active
45 / 14
Closed vs active inventory
6M / 2Y Price Change
-23.8% (6M)
2Y trend: +18%
Nov 26: Median $785,000 • 5 sold • 30 DOMHover or tap points to inspect monthly data
$590k$715k$840k$965k$1.09MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Elora/Salem, Centre Wellington Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$850,0004542 days14
1 Year$815,0005745 days14
3 Years$862,00011536 days14
5 Years$862,00011536 days14

Bungalow Living & Market Dynamics in Elora/Salem, Centre Wellington

The single-storey housing market in Elora/Salem, Centre Wellington currently offers 14 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Elora/Salem, Centre Wellington 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 Elora/Salem, Centre Wellington 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 Elora/Salem, Centre Wellington

BedroomsAvg. PriceActive Listings
2 Beds$802,5853
3 Beds$842,9333
4 Beds$959,2007
5+ Beds$939,0001

Elora/Salem, Centre Wellington Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Elora/Salem, Centre Wellington is currently $899K. Entry-level bungalows start around $700K, 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 Elora/Salem, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in Elora/Salem, Centre Wellington

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Elora/Salem, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Elora/Salem, Centre Wellington 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 Elora/Salem, Centre Wellington exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Accessibility, Aging-in-Place & Downsizer Demand in Elora/Salem, Centre Wellington

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Elora/Salem, Centre Wellington 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 Elora/Salem, Centre Wellington represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Elora/Salem, Centre Wellington.

The average listing price for a bungalow in Elora/Salem is currently $899K, 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.