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There are currently 10 sold bungalow listings in Petrolia, Ontario with an average price of $504,678 CAD.

Listings:
10
Avg. Price:
$504,678
Map View
4077 Pine Crescent, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $690,000$699,900
4077 Pine Crescent, Petrolia
4 bed • 2 bath • 6 parking
287 Evergreen Trail, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $569,500$579,500
287 Evergreen Trail, Petrolia
6 bed • 2 bath • 6 parking
4360 Petrolia Line, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $360,000$389,900
4360 Petrolia Line, Petrolia
4 bed • 2 bath • 3 parking
4482 Petrolia Line, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $425,000$429,900
4482 Petrolia Line, Petrolia
5 bed • 2 bath • 3 parking
539 Country View Drive, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $575,000$599,000
539 Country View Drive, Petrolia
4 bed • 3 bath • 6 parking
4091 Ernest Street, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $624,900$624,900
4091 Ernest Street, Petrolia
4 bed • 3 bath • 4 parking
492 First Avenue, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $710,000$759,900
492 First Avenue, Petrolia
4 bed • 3 bath • 6 parking
4026 Applewood Drive, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $598,000$599,900
4026 Applewood Drive, Petrolia
5 bed • 2 bath • 6 parking
4486 Petrolia Line, Petrolia, ON N0N 1R0 - Property 1
SOLD
Sold: $525,000$549,900
4486 Petrolia Line, Petrolia
4 bed • 2 bath • 6 parking
304 Parkside Drive, Petrolia, ON N0P 1R0 - Property 1
SOLD
Sold: $569,900$579,900
304 Parkside Drive, Petrolia
5 bed • 2 bath • 6 parking

Petrolia Bungalow Market Trends & Statistics

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

Seller's Market(600% SNR)
Median Sold (6M)
$564,750
+130% YoY
Avg. Days on Market
38 Days
6-month closed average
Sold (6M) / Active
6 / 1
Closed vs active inventory
6M / 2Y Price Change
+25.5% (6M)
2Y trend: +53.3%
Nov 26: Median $690,000 • 1 sold • 23 DOMHover or tap points to inspect monthly data
$200k$340k$480k$620k$760kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Petrolia Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$564,750638 days1
1 Year$555,0001048 days1
3 Years$555,0001841 days1
5 Years$555,0001841 days1

Sold Bungalow Benchmarks & Market Trends in Petrolia

Reviewing recently sold bungalows in Petrolia provides direct, unvarnished insight into actual closing values and transaction liquidity. With 10 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 Petrolia demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Petrolia

BedroomsAvg. PriceActive Listings
2 Beds$265,0001
3 Beds$453,1297
4 Beds$580,8176
5+ Beds$540,6004

Petrolia Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Petrolia establish clear pricing benchmarks. Entry-level single-storey properties have traded from $265K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $710K. The benchmark average sold price for a bungalow in Petrolia sits at $505K.

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

Secondary Suites, ADUs & Investment Potential in Petrolia

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

Top Neighborhoods in Petrolia

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

NeighborhoodAvg. PriceListings
Petrolia$504,67818

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Petrolia.

The average sold price for a bungalow in Petrolia is currently $505K, 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.