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There are currently 429 sold bungalow listings in Markham, Ontario with an average price of $1,258,916 CAD.

Listings:
429
Avg. Price:
$1,258,916
Map View

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Markham Bungalow Market Trends & Statistics

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

Seller's Market(167% SNR)
Median Sold (6M)
$1,200,000
-5.3% YoY
Avg. Days on Market
28 Days
6-month closed average
Sold (6M) / Active
157 / 94
Closed vs active inventory
6M / 2Y Price Change
-4.3% (6M)
2Y trend: -6.4%
Nov 26: Median $1,250,000 • 15 sold • 29 DOMHover or tap points to inspect monthly data
$1.04M$1.13M$1.22M$1.31M$1.40MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,200,00015728 days94
1 Year$1,250,00023529 days94
3 Years$1,300,00042928 days94
5 Years$1,300,00042928 days94

Sold Bungalow Benchmarks & Market Trends in Markham

Reviewing recently sold bungalows in Markham provides direct, unvarnished insight into actual closing values and transaction liquidity. With 429 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 Markham demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Markham

BedroomsAvg. PriceActive Listings
2 Beds$1,123,12534
3 Beds$1,255,428124
4 Beds$1,217,037159
5+ Beds$1,363,453112

Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Markham establish clear pricing benchmarks. Entry-level single-storey properties have traded from $590K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $3.2M. The benchmark average sold price for a bungalow in Markham sits at $1.3M.

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

Secondary Suites, ADUs & Investment Potential in Markham

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

Top Neighborhoods in Markham

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

NeighborhoodAvg. PriceListings
Bullock$1,129,36882
Greensborough$1,121,00056
Royal Orchard$1,257,87347
Bayview Fairway-Bayview Country Club Estates$1,334,14330
Markham Village$1,006,98430
Unionville$1,477,98126
Berczy$1,149,92021
Sherwood-Amberglen$1,270,37821
Old Markham Village$1,156,00021
Grandview$1,442,50017

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Markham.

The average sold price for a bungalow in Markham is currently $1.3M, 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.