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There are currently 14 sold bungalow listings in Thornhill, Markham, Ontario with an average price of $1,556,214 CAD.

Listings:
14
Avg. Price:
$1,556,214
Map View
132 Morgan Avenue, Markham, ON L3T 1R7 - Property 1
SOLD
Sold: $1,375,000$1,375,000
132 Morgan Avenue, Markham
5 bed • 3 bath • 5 parking
118 Henderson Avenue, Markham, ON L3T 2L4 - Property 1
SOLD
Sold: $1,051,000$1,100,000
118 Henderson Avenue, Markham
5 bed • 4 bath • 6 parking
39 Dove Lane, Markham, ON L3T 1W1 - Property 1
SOLD
Sold: $3,180,000$3,288,000
39 Dove Lane, Markham
5 bed • 5 bath • 11 parking
76 Johnson Street, Markham, ON L3T 2P1 - Property 1
SOLD
Sold: $1,595,000$1,625,000
76 Johnson Street, Markham
4 bed • 3 bath • 4 parking
8 Mira Road, Markham, ON L3T 2H6 - Property 1
SOLD
Sold: $1,288,000$1,375,000
8 Mira Road, Markham
4 bed • 2 bath • 6 parking
1 Mira Road, Markham, ON L3T 2H5 - Property 1
SOLD
Sold: $1,075,000$1,199,900
1 Mira Road, Markham
3 bed • 2 bath • 6 parking
81 Clark Avenue, Markham, ON L3T 1S7 - Property 1
SOLD
Sold: $1,075,000$1,199,888
81 Clark Avenue, Markham
5 bed • 2 bath • 6,500 sqft
21 Clark Avenue, Markham, ON L3T 1S4 - Property 1
SOLD
Sold: $1,148,000$1,000,000
21 Clark Avenue, Markham
4 bed • 2 bath • 6,500 sqft
62 Clark Avenue, Markham, ON L3T 1S5 - Property 1
SOLD
Sold: $1,100,000$1,248,000
62 Clark Avenue, Markham
4 bed • 2 bath • 5 parking
80 Sprucewood Drive, Markham, ON L3T 2R1 - Property 1
SOLD
Sold: $2,300,000$2,530,000
80 Sprucewood Drive, Markham
7 bed • 4 bath • 7 parking
76 Johnson Street, Markham, ON L3T 2P1 - Property 1
SOLD
Sold: $1,680,000$1,799,000
76 Johnson Street, Markham
4 bed • 3 bath • 4 parking
4 Thornlea Court, Markham, ON L3T 2R2 - Property 1
SOLD
Sold: $2,300,000$2,498,000
4 Thornlea Court, Markham
4 bed • 3 bath • 16,932 sqft

Thornhill, Markham Bungalow Market Trends & Statistics

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

Seller's Market(120% SNR)
Median Sold (6M)
$1,331,500
-37.4% YoY
Avg. Days on Market
45 Days
6-month closed average
Sold (6M) / Active
6 / 5
Closed vs active inventory
6M / 2Y Price Change
-5.4% (6M)
2Y trend: -34.3%
Nov 26: Median $1,051,000 • 0 sold • 28 DOMHover or tap points to inspect monthly data
$730k$1.42M$2.12M$2.81M$3.50MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Thornhill, Markham Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,331,500645 days5
1 Year$1,331,5001063 days5
3 Years$1,331,5001464 days5
5 Years$1,331,5001464 days5

Sold Bungalow Benchmarks & Market Trends in Thornhill, Markham

Reviewing recently sold bungalows in Thornhill, Markham provides direct, unvarnished insight into actual closing values and transaction liquidity. With 14 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 Thornhill, Markham demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Thornhill, Markham

BedroomsAvg. PriceActive Listings
3 Beds$1,047,5002
4 Beds$1,530,1437
5+ Beds$1,796,2005

Thornhill, Markham Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Thornhill, Markham establish clear pricing benchmarks. Entry-level single-storey properties have traded from $1.0M, 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 Thornhill, Markham sits at $1.6M.

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

Secondary Suites, ADUs & Investment Potential in Thornhill, Markham

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Thornhill, Markham.

The average sold price for a bungalow in Thornhill is currently $1.6M, 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.