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There are currently 25 sold bungalow listings in Norwich, Ontario with an average price of $840,316 CAD.

Listings:
25
Avg. Price:
$840,316

Norwich Bungalow Market Trends & Statistics

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

Seller's Market(139.5% SNR)
Median Sold (6M)
$677,500
-22.9% YoY
Avg. Days on Market
60 Days
6-month closed average
Sold (6M) / Active
60 / 43
Closed vs active inventory
6M / 2Y Price Change
-18.1% (6M)
2Y trend: -25.5%
Nov 26: Median $555,000 • 6 sold • 39 DOMHover or tap points to inspect monthly data
$350k$545k$740k$935k$1.13MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Norwich Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$677,5006060 days43
1 Year$679,0009160 days43
3 Years$655,00016348 days43
5 Years$655,00016348 days43

Sold Bungalow Benchmarks & Market Trends in Norwich

Reviewing recently sold bungalows in Norwich provides direct, unvarnished insight into actual closing values and transaction liquidity. With 25 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 Norwich demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Norwich

BedroomsAvg. PriceActive Listings
2 Beds$634,00037
3 Beds$768,37057
4 Beds$948,32637
5+ Beds$1,137,93826

Norwich Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Norwich establish clear pricing benchmarks. Entry-level single-storey properties have traded from $325K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $3.3M. The benchmark average sold price for a bungalow in Norwich sits at $840K.

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

Secondary Suites, ADUs & Investment Potential in Norwich

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

Top Neighborhoods in Norwich

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

NeighborhoodAvg. PriceListings
Norwich Town$673,03567
Otterville$1,070,15237
Rural Norwich$934,40033
Springford$719,1257
Oxford Centre$960,0005
Burgessville$846,6675
Holbrook$921,0002
Curries$630,0002
Milldale$750,0002

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Norwich.

The average sold price for a bungalow in Norwich is currently $840K, 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.