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There are currently 11 sold bungalow listings in German Mills, Markham, Ontario with an average price of $1,209,273 CAD.

Listings:
11
Avg. Price:
$1,209,273
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German Mills, Markham Bungalow Market Trends & Statistics

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

Buyer's Market
Median Sold (6M)
$947,000
-10.4% YoY
Avg. Days on Market
33 Days
6-month closed average
Sold (6M) / Active
3 / 0
Closed vs active inventory
6M / 2Y Price Change
+4.5% (6M)
2Y trend: -33.6%
Nov 26: Median $990,000 • 0 sold • 28 DOMHover or tap points to inspect monthly data
$910k$965k$1.02M$1.07M$1.13MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

German Mills, Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$947,000333 days0
1 Year$943,500433 days0
3 Years$1,150,0001123 days0
5 Years$1,150,0001123 days0

Sold Bungalow Benchmarks & Market Trends in German Mills, Markham

Reviewing recently sold bungalows in German Mills, Markham provides direct, unvarnished insight into actual closing values and transaction liquidity. With 11 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 German Mills, Markham demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in German Mills, Markham

BedroomsAvg. PriceActive Listings
3 Beds$990,0002
4 Beds$1,258,0009

German Mills, Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in German Mills, Markham establish clear pricing benchmarks. Entry-level single-storey properties have traded from $920K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.7M. The benchmark average sold price for a bungalow in German Mills, Markham sits at $1.2M.

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

Secondary Suites, ADUs & Investment Potential in German Mills, Markham

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

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

Frequently Asked Questions

Everything you need to know about bungalows in German Mills, Markham.

The average sold price for a bungalow in German Mills is currently $1.2M, 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.