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There are currently 26 for sale bungalow listings in Northcrest Ward 5, Peterborough, Ontario with an average price of $577,833 CAD.

Listings:
26
Avg. Price:
$577,833
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Northcrest Ward 5, Peterborough Bungalow Market Trends & Statistics

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

Seller's Market(429.6% SNR)
Median Sold (6M)
$557,750
+1.4% YoY
Avg. Days on Market
32 Days
6-month closed average
Sold (6M) / Active
116 / 27
Closed vs active inventory
6M / 2Y Price Change
-9.7% (6M)
2Y trend: -6.5%
Nov 26: Median $532,500 • 12 sold • 51 DOMHover or tap points to inspect monthly data
$500k$538k$575k$613k$650kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Northcrest Ward 5, Peterborough Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$557,75011632 days27
1 Year$559,90018733 days27
3 Years$579,90038129 days27
5 Years$579,90038129 days27

Bungalow Living & Market Dynamics in Northcrest Ward 5, Peterborough

The single-storey housing market in Northcrest Ward 5, Peterborough currently offers 26 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Northcrest Ward 5, Peterborough are distinguished by their generous lot frontages—typically spanning 50 to 70+ feet—mature tree canopies, and exceptional privacy compared to modern high-density subdivisions.

Buyers exploring Northcrest Ward 5, Peterborough will find diverse single-storey architectural configurations: classic mid-century detached brick bungalows, raised bungalows featuring high above-grade windows that flood lower levels with natural light, modern executive bungalofts with ground-floor primary suites, and expansive split-level designs.

Average Prices by Bedroom in Northcrest Ward 5, Peterborough

BedroomsAvg. PriceActive Listings
2 Beds$498,6003
3 Beds$603,01513
4 Beds$565,2889
5+ Beds$589,4502

Northcrest Ward 5, Peterborough Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Northcrest Ward 5, Peterborough is currently $578K. Entry-level bungalows start around $379K, presenting accessible opportunities for first-time buyers, downsizers, or renovation enthusiasts seeking solid structural footprints. At the upper tier, luxury custom bungalows and executive estates on premium mature lots command up to $869K.

Because land value represents the overwhelming majority of a bungalow's total equity in Northcrest Ward 5, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in Northcrest Ward 5, Peterborough

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Northcrest Ward 5, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Northcrest Ward 5, Peterborough 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 Northcrest Ward 5, Peterborough 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 Northcrest Ward 5, Peterborough

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Northcrest Ward 5, Peterborough 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 Northcrest Ward 5, Peterborough represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Northcrest Ward 5, Peterborough.

The average listing price for a bungalow in Northcrest Ward 5 is currently $578K, 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.