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There are currently 4 for sale bungalow listings in Rainy River, Ontario with an average price of $414,250 CAD.

Listings:
4
Avg. Price:
$414,250
Map View
216 Sixth Street, Rainy River, ON P0W 1L0 - Property 1
$89,000
216 Sixth Street, Rainy River
2 bed • 1 bath • 2 parking
108-106 Third Street, Rainy River, ON P0W 1L0 - Property 1
$280,000
108-106 Third Street, Rainy River
2 bed • 1 bath • 4 parking
216 Second Street Street, Rainy River, ON P0W 1L0 - Property 1
$129,900
216 Second Street Street, Rainy River
2 bed • 2 bath • 3 parking
602 River Avenue E, Rainy River, ON P0W 1L0 - Property 1
$548,500
602 River Avenue E, Rainy River
4 bed • 4 bath • 3 parking

Rainy River Bungalow Market Trends & Statistics

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

Seller's Market(50% SNR)
Median Sold (6M)
$216,250
-26.7% YoY
Avg. Days on Market
79 Days
6-month closed average
Sold (6M) / Active
2 / 4
Closed vs active inventory
6M / 2Y Price Change
+8.1% (6M)
2Y trend: +80.2%
Nov 26: Median $216,250 • 0 sold • 28 DOMHover or tap points to inspect monthly data
$180k$213k$245k$278k$310kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Rainy River Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$216,250279 days4
1 Year$200,000397 days4
3 Years$225,000895 days4
5 Years$225,000895 days4

Bungalow Living & Market Dynamics in Rainy River

The single-storey housing market in Rainy River currently offers 4 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Rainy River 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 Rainy River 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 Rainy River

BedroomsAvg. PriceActive Listings
2 Beds$280,0001
4 Beds$548,5001

Rainy River Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Rainy River is currently $414K. Entry-level bungalows start around $280K, 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 $549K.

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

Secondary Suites, ADUs & Investment Potential in Rainy River

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Rainy River.

The average listing price for a bungalow in Rainy River is currently $414K, 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.