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There are currently 71 sold bungalow listings in Somerville, Kawartha Lakes, Ontario with an average price of $704,713 CAD.

Listings:
71
Avg. Price:
$704,713
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Somerville, Kawartha Lakes Bungalow Market Trends & Statistics

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

Seller's Market(129.4% SNR)
Median Sold (6M)
$677,500
+21% YoY
Avg. Days on Market
44 Days
6-month closed average
Sold (6M) / Active
22 / 17
Closed vs active inventory
6M / 2Y Price Change
+128.7% (6M)
2Y trend: -50.6%
Nov 26: Median $865,000 • 1 sold • 18 DOMHover or tap points to inspect monthly data
$150k$473k$795k$1.12M$1.44MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Somerville, Kawartha Lakes Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$677,5002244 days17
1 Year$610,0003447 days17
3 Years$600,0007144 days17
5 Years$600,0007144 days17

Sold Bungalow Benchmarks & Market Trends in Somerville, Kawartha Lakes

Reviewing recently sold bungalows in Somerville, Kawartha Lakes provides direct, unvarnished insight into actual closing values and transaction liquidity. With 71 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 Somerville, Kawartha Lakes demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Somerville, Kawartha Lakes

BedroomsAvg. PriceActive Listings
1 Bed$370,0002
2 Beds$513,30015
3 Beds$695,31133
4 Beds$858,15413
5+ Beds$1,168,7504

Somerville, Kawartha Lakes Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Somerville, Kawartha Lakes establish clear pricing benchmarks. Entry-level single-storey properties have traded from $295K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.8M. The benchmark average sold price for a bungalow in Somerville, Kawartha Lakes sits at $701K.

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

Secondary Suites, ADUs & Investment Potential in Somerville, Kawartha Lakes

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Somerville, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Somerville, Kawartha Lakes 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 Somerville, Kawartha Lakes 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 Somerville, Kawartha Lakes

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

Frequently Asked Questions

Everything you need to know about bungalows in Somerville, Kawartha Lakes.

The average sold price for a bungalow in Somerville is currently $701K, 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.