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There are currently 13 sold bungalow listings in Red Lake, Ontario with an average price of $332,086 CAD.

Listings:
13
Avg. Price:
$332,086
Map View
67 Detta Road, Red Lake, ON P0C 1C0 - Property 1
SOLD
Sold: $249,900$249,900
67 Detta Road, Red Lake
4 bed • 2 bath • N/A
33 Discovery Road, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $255,000$269,000
33 Discovery Road, Red Lake
4 bed • 2 bath • N/A
111 Buffalo Street, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $330,000$347,500
111 Buffalo Street, Red Lake
4 bed • 2 bath • N/A
361 Howey Street, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $545,900$549,900
361 Howey Street, Red Lake
4 bed • 2 bath • N/A
7 Dupont Drive, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $410,000$419,000
7 Dupont Drive, Red Lake
5 bed • 2 bath • N/A
8 Laverty Road, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $352,500$360,000
8 Laverty Road, Red Lake
4 bed • 2 bath • N/A
51 Howey Street, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $415,000$439,000
51 Howey Street, Red Lake
4 bed • 3 bath • N/A
78 Detta Road, Red Lake, ON P0V 1C0 - Property 1
SOLD
Sold: $310,000$309,000
78 Detta Road, Red Lake
4 bed • 3 bath • N/A
12 Edward Street, Red Lake, ON P0V 1L0 - Property 1
SOLD
Sold: $190,000$199,000
12 Edward Street, Red Lake
4 bed • 2 bath • N/A
26 Dickenson Road, Red Lake, ON P0V 1C0 - Property 1
SOLD
Sold: $280,000$299,000
26 Dickenson Road, Red Lake
5 bed • 2 bath • N/A
10 Kenora Road, Red Lake, ON P0V 2M0 - Property 1
SOLD
Sold: $320,000$360,000
10 Kenora Road, Red Lake
4 bed • 2 bath • N/A
3 Murdock Street, Red Lake, ON P0V 1L0 - Property 1
SOLD
Sold: $215,000$224,900
3 Murdock Street, Red Lake
4 bed • 2 bath • N/A

Red Lake Bungalow Market Trends & Statistics

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

Seller's Market(400% SNR)
Median Sold (6M)
$255,500
+83.1% YoY
Avg. Days on Market
53 Days
6-month closed average
Sold (6M) / Active
20 / 5
Closed vs active inventory
6M / 2Y Price Change
+5.7% (6M)
2Y trend: +56.3%
Nov 26: Median $293,000 • 1 sold • 23 DOMHover or tap points to inspect monthly data
$50k$120k$190k$260k$330kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Red Lake Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$255,5002053 days5
1 Year$249,9002954 days5
3 Years$242,5006250 days5
5 Years$242,5006250 days5

Sold Bungalow Benchmarks & Market Trends in Red Lake

Reviewing recently sold bungalows in Red Lake provides direct, unvarnished insight into actual closing values and transaction liquidity. With 13 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 Red Lake demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Red Lake

BedroomsAvg. PriceActive Listings
2 Beds$300,5001
3 Beds$322,79417
4 Beds$352,5508
5+ Beds$345,0002

Red Lake Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Red Lake 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 $546K. The benchmark average sold price for a bungalow in Red Lake sits at $332K.

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

Secondary Suites, ADUs & Investment Potential in Red Lake

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

Top Neighborhoods in Red Lake

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

NeighborhoodAvg. PriceListings
TB-701$277,8754

Accessibility, Aging-in-Place & Downsizer Demand in Red Lake

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

Frequently Asked Questions

Everything you need to know about bungalows in Red Lake.

The average sold price for a bungalow in Red Lake is currently $332K, 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.