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There are currently 84 sold bungalow listings in Parry Sound, Ontario with an average price of $499,176 CAD.

Listings:
84
Avg. Price:
$499,176

Parry Sound Bungalow Market Trends & Statistics

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

Seller's Market(223.1% SNR)
Median Sold (6M)
$395,000
-12.2% YoY
Avg. Days on Market
55 Days
6-month closed average
Sold (6M) / Active
29 / 13
Closed vs active inventory
6M / 2Y Price Change
-22.7% (6M)
2Y trend: -25.4%
Nov 26: Median $295,500 • 4 sold • 34 DOMHover or tap points to inspect monthly data
$230k$360k$490k$620k$750kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Parry Sound Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$395,0002955 days13
1 Year$440,0003854 days13
3 Years$465,0008443 days13
5 Years$465,0008443 days13

Sold Bungalow Benchmarks & Market Trends in Parry Sound

Reviewing recently sold bungalows in Parry Sound provides direct, unvarnished insight into actual closing values and transaction liquidity. With 84 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 Parry Sound demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Parry Sound

BedroomsAvg. PriceActive Listings
2 Beds$434,27520
3 Beds$496,22144
4 Beds$589,08312
5+ Beds$569,0005

Parry Sound Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Parry Sound establish clear pricing benchmarks. Entry-level single-storey properties have traded from $255K, 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 Parry Sound sits at $499K.

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

Secondary Suites, ADUs & Investment Potential in Parry Sound

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

Top Neighborhoods in Parry Sound

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

NeighborhoodAvg. PriceListings
Parry Sound$499,17581

Accessibility, Aging-in-Place & Downsizer Demand in Parry Sound

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

Frequently Asked Questions

Everything you need to know about bungalows in Parry Sound.

The average sold price for a bungalow in Parry Sound is currently $499K, 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.