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There are currently 28 for sale bungalow listings in Richmond Hill, Ontario with an average price of $1,662,670 CAD.

Listings:
28
Avg. Price:
$1,662,670

Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(94% SNR)
Median Sold (6M)
$1,080,000
+11.4% YoY
Avg. Days on Market
35 Days
6-month closed average
Sold (6M) / Active
109 / 116
Closed vs active inventory
6M / 2Y Price Change
+21.5% (6M)
2Y trend: -2.6%
Nov 26: Median $1,178,250 • 14 sold • 43 DOMHover or tap points to inspect monthly data
$910k$1.03M$1.16M$1.28M$1.41MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Richmond Hill Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,080,00010935 days116
1 Year$1,080,00017834 days116
3 Years$1,160,00033732 days116
5 Years$1,160,00033732 days116

Bungalow Living & Market Dynamics in Richmond Hill

The single-storey housing market in Richmond Hill currently offers 28 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Richmond Hill 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 Richmond Hill 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 Richmond Hill

BedroomsAvg. PriceActive Listings
1 Bed$948,0001
2 Beds$1,187,3003
3 Beds$1,599,58735
4 Beds$1,710,57132
5+ Beds$1,729,71442

Richmond Hill Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Richmond Hill is currently $1.6M. Entry-level bungalows start around $550K, 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 $6.0M.

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

Secondary Suites, ADUs & Investment Potential in Richmond Hill

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

Top Neighborhoods in Richmond Hill

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

NeighborhoodAvg. PriceListings
Crosby$1,021,62519
North Richvale$1,643,05317
Oak Ridges$1,610,28616
Mill Pond$1,500,29215
Harding$1,088,77012
South Richvale$2,830,90012
Oak Ridges Lake Wilcox$1,580,2509
Rural Richmond Hill$2,432,7806
Westbrook$2,015,0002
Jefferson$2,294,5002

Accessibility, Aging-in-Place & Downsizer Demand in Richmond Hill

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

Frequently Asked Questions

Everything you need to know about bungalows in Richmond Hill.

The average listing price for a bungalow in Richmond Hill is currently $1.6M, 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.