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There are currently 44 sold bungalow listings in Elma, North Perth, Ontario with an average price of $629,047 CAD.

Listings:
44
Avg. Price:
$629,047
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Elma, North Perth Bungalow Market Trends & Statistics

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

Seller's Market(150% SNR)
Median Sold (6M)
$524,000
-20.2% YoY
Avg. Days on Market
37 Days
6-month closed average
Sold (6M) / Active
15 / 10
Closed vs active inventory
6M / 2Y Price Change
+4% (6M)
2Y trend: -46.5%
Nov 26: Median $499,000 • 1 sold • 62 DOMHover or tap points to inspect monthly data
$450k$493k$535k$578k$620kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Elma, North Perth Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$524,0001537 days10
1 Year$512,0002253 days10
3 Years$541,0004450 days10
5 Years$541,0004450 days10

Sold Bungalow Benchmarks & Market Trends in Elma, North Perth

Reviewing recently sold bungalows in Elma, North Perth provides direct, unvarnished insight into actual closing values and transaction liquidity. With 44 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 Elma, North Perth demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Elma, North Perth

BedroomsAvg. PriceActive Listings
1 Bed$480,0001
2 Beds$519,04520
3 Beds$620,8577
4 Beds$735,2508
5+ Beds$1,018,2504

Elma, North Perth Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Elma, North Perth establish clear pricing benchmarks. Entry-level single-storey properties have traded from $330K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.2M. The benchmark average sold price for a bungalow in Elma, North Perth sits at $622K.

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

Secondary Suites, ADUs & Investment Potential in Elma, North Perth

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Elma, North Perth.

The average sold price for a bungalow in Elma is currently $622K, 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.