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There are currently 269 sold bungalow listings in Grimsby, Ontario with an average price of $820,938 CAD.

Listings:
269
Avg. Price:
$820,938

...

Grimsby Bungalow Market Trends & Statistics

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

Seller's Market(227.3% SNR)
Median Sold (6M)
$770,000
-14% YoY
Avg. Days on Market
36 Days
6-month closed average
Sold (6M) / Active
100 / 44
Closed vs active inventory
6M / 2Y Price Change
+6.5% (6M)
2Y trend: +5.7%
Nov 26: Median $740,000 • 19 sold • 31 DOMHover or tap points to inspect monthly data
$630k$733k$835k$938k$1.04MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Grimsby Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$770,00010036 days44
1 Year$767,50016435 days44
3 Years$785,00032233 days44
5 Years$785,00032233 days44

Sold Bungalow Benchmarks & Market Trends in Grimsby

Reviewing recently sold bungalows in Grimsby provides direct, unvarnished insight into actual closing values and transaction liquidity. With 269 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 Grimsby demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Grimsby

BedroomsAvg. PriceActive Listings
2 Beds$725,52168
3 Beds$782,370142
4 Beds$933,13681
5+ Beds$910,84032

Grimsby Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Grimsby establish clear pricing benchmarks. Entry-level single-storey properties have traded from $425K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $2.7M. The benchmark average sold price for a bungalow in Grimsby sits at $821K.

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

Secondary Suites, ADUs & Investment Potential in Grimsby

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

Top Neighborhoods in Grimsby

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

NeighborhoodAvg. PriceListings
540 - Grimsby Beach$800,304122
542 - Grimsby East$758,80090
541 - Grimsby West$926,24571
055 - Grimsby Escarpment$838,47539

Accessibility, Aging-in-Place & Downsizer Demand in Grimsby

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

Frequently Asked Questions

Everything you need to know about bungalows in Grimsby.

The average sold price for a bungalow in Grimsby is currently $821K, 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.