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There are currently 26 sold bungalow listings in Oak Ridges, Richmond Hill, Ontario with an average price of $1,316,866 CAD.

Listings:
26
Avg. Price:
$1,316,866
Map View
128 Carmela Avenue, Richmond Hill, ON L4E 2V6 - Property 1
SOLD
Sold: $1,420,000$1,500,000
128 Carmela Avenue, Richmond Hill
4 bed • 3 bath • 4 parking
7 George Street, Richmond Hill, ON L4E 2T4 - Property 1
SOLD
Sold: $750,000$799,900
7 George Street, Richmond Hill
2 bed • 1 bath • 4 parking
134 Humberland Drive, Richmond Hill, ON L4E 3Y7 - Property 1
SOLD
Sold: $1,190,000$1,249,800
134 Humberland Drive, Richmond Hill
5 bed • 4 bath • 4 parking
30 ELM GROVE Avenue, Richmond Hill, ON L4E 2T1 - Property 1
SOLD
Sold: $1,379,000$1,399,000
30 Elm Grove Avenue, Richmond Hill
3 bed • 4 bath • 7 parking
46 Woodhaven Crescent, Richmond Hill, ON L4E 3T2 - Property 1
SOLD
Sold: $1,055,000$1,149,000
46 Woodhaven Crescent, Richmond Hill
3 bed • 2 bath • 6 parking
23 George Street, Richmond Hill, ON L4E 2V7 - Property 1
SOLD
Sold: $990,000$999,800
23 George Street, Richmond Hill
5 bed • 3 bath • 5 parking
3 Aubrey Avenue, Richmond Hill, ON L4E 1B5 - Property 1
SOLD
Sold: $1,230,000$1,299,000
3 Aubrey Avenue, Richmond Hill
2 bed • 1 bath • 8 parking
28 Poplar Drive, Richmond Hill, ON L4E 2Y4 - Property 1
SOLD
Sold: $1,350,000$1,398,800
28 Poplar Drive, Richmond Hill
4 bed • 3 bath • 6 parking
18 Gallacher Avenue, Richmond Hill, ON L4E 2Y2 - Property 1
SOLD
Sold: $1,330,000$1,498,800
18 Gallacher Avenue, Richmond Hill
4 bed • 2 bath • 7 parking
126 Carmela Avenue, Richmond Hill, ON L4E 2V6 - Property 1
SOLD
Sold: $1,275,000$1,425,000
126 Carmela Avenue, Richmond Hill
4 bed • 4 bath • 6,855 sqft
9 George Street, Richmond Hill, ON L4E 2T4 - Property 1
SOLD
Sold: $840,000$898,000
9 George Street, Richmond Hill
3 bed • 2 bath • 4 parking
25 Schomberg Road E, Richmond Hill, ON L4E 2T7 - Property 1
SOLD
Sold: $1,680,000$1,769,000
25 Schomberg Road E, Richmond Hill
5 bed • 6 bath • 10 parking

Oak Ridges, Richmond Hill Bungalow Market Trends & Statistics

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

Seller's Market(92.9% SNR)
Median Sold (6M)
$1,275,000
-5.1% YoY
Avg. Days on Market
47 Days
6-month closed average
Sold (6M) / Active
13 / 14
Closed vs active inventory
6M / 2Y Price Change
-3.4% (6M)
2Y trend: -14%
Nov 26: Median $1,304,500 • 2 sold • 69 DOMHover or tap points to inspect monthly data
$880k$1.11M$1.33M$1.56M$1.79MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Oak Ridges, Richmond Hill Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$1,275,0001347 days14
1 Year$1,302,5001449 days14
3 Years$1,350,0002636 days14
5 Years$1,350,0002636 days14

Sold Bungalow Benchmarks & Market Trends in Oak Ridges, Richmond Hill

Reviewing recently sold bungalows in Oak Ridges, Richmond Hill provides direct, unvarnished insight into actual closing values and transaction liquidity. With 26 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 Oak Ridges, Richmond Hill demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Oak Ridges, Richmond Hill

BedroomsAvg. PriceActive Listings
1 Bed$550,0001
2 Beds$1,056,6673
3 Beds$1,182,8005
4 Beds$1,385,7789
5+ Beds$1,516,5638

Oak Ridges, Richmond Hill Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Oak Ridges, Richmond Hill establish clear pricing benchmarks. Entry-level single-storey properties have traded from $550K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.9M. The benchmark average sold price for a bungalow in Oak Ridges, Richmond Hill sits at $1.3M.

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

Secondary Suites, ADUs & Investment Potential in Oak Ridges, Richmond Hill

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Oak Ridges, Richmond Hill.

The average sold price for a bungalow in Oak Ridges is currently $1.3M, 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.