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There are currently 8 sold bungalow listings in Rainy River, Ontario with an average price of $265,500 CAD.

Listings:
8
Avg. Price:
$265,500
Map View
501 ATWOOD AVE, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $265,000$279,900
501 Atwood Ave, Rainy River
5 bed • 2 bath • N/A
705-707 LORENA STREET, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $167,500$174,900
705-707 Lorena Street, Rainy River
1 bed • 2 bath • 1 sqft
118 FOURTH ST, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $200,000$224,900
118 Fourth St, Rainy River
2 bed • 1 bath • N/A
214 THIRD ST, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $250,000$259,900
214 Third St, Rainy River
2 bed • 2 bath • N/A
311 Fifth Street, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $169,000$169,000
311 Fifth Street, Rainy River
2 bed • 1 bath • N/A
506 ATWOOD AVE, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $295,000$309,900
506 Atwood Ave, Rainy River
3 bed • 3 bath • 1 sqft
219 Second ST, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $252,000$271,900
219 Second St, Rainy River
5 bed • 3 bath • N/A
118 Fourth Street, Rainy River, ON P0W 1L0 - Property 1
SOLD
Sold: $120,000$124,900
118 Fourth Street, Rainy River
2 bed • 1 bath • N/A

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

Sold Bungalow Benchmarks & Market Trends in Rainy River

Reviewing recently sold bungalows in Rainy River provides direct, unvarnished insight into actual closing values and transaction liquidity. With 8 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 Rainy River demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Rainy River

BedroomsAvg. PriceActive Listings
2 Beds$250,0001
3 Beds$295,0001
5+ Beds$258,5002

Rainy River Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Rainy River establish clear pricing benchmarks. Entry-level single-storey properties have traded from $250K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $295K. The benchmark average sold price for a bungalow in Rainy River sits at $266K.

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.

Top Neighborhoods in Rainy River

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

NeighborhoodAvg. PriceListings
TB-403$265,0001

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 sold price for a bungalow in Rainy River is currently $266K, 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.