There are currently 62 sold bungalow listings in Parry Sound, Ontario with an average price of $499,176 CAD.
- Listings:
- 62
- Avg. Price:
- $499,176
Bungalows for Sale in Parry Sound, 62 Listings












Parry Sound Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Parry Sound Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $395,000 | 29 | 55 days | 13 |
| 1 Year | $440,000 | 38 | 54 days | 13 |
| 3 Years | $465,000 | 84 | 43 days | 13 |
| 5 Years | $465,000 | 84 | 43 days | 13 |
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 62 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
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $434,275 | 20 |
| 3 Beds | $496,221 | 44 |
| 4 Beds | $589,083 | 12 |
| 5+ Beds | $569,000 | 5 |
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.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Parry Sound | $499,175 | 81 |
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.
