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There are currently 213 sold bungalow listings in Russell, Ontario with an average price of $656,027 CAD.

Listings:
213
Avg. Price:
$656,027

...

Russell Bungalow Market Trends & Statistics

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

Seller's Market(193.2% SNR)
Median Sold (6M)
$625,250
-2.1% YoY
Avg. Days on Market
36 Days
6-month closed average
Sold (6M) / Active
85 / 44
Closed vs active inventory
6M / 2Y Price Change
+1.2% (6M)
2Y trend: -3.7%
Nov 26: Median $626,000 • 10 sold • 43 DOMHover or tap points to inspect monthly data
$520k$593k$665k$738k$810kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Russell Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$625,2508536 days44
1 Year$630,00011534 days44
3 Years$635,00024536 days44
5 Years$635,00024536 days44

Sold Bungalow Benchmarks & Market Trends in Russell

Reviewing recently sold bungalows in Russell provides direct, unvarnished insight into actual closing values and transaction liquidity. With 213 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 Russell demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Russell

BedroomsAvg. PriceActive Listings
2 Beds$574,99842
3 Beds$661,49898
4 Beds$675,31376
5+ Beds$704,34629

Russell Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Russell establish clear pricing benchmarks. Entry-level single-storey properties have traded from $360K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.5M. The benchmark average sold price for a bungalow in Russell sits at $656K.

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

Secondary Suites, ADUs & Investment Potential in Russell

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

Top Neighborhoods in Russell

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

NeighborhoodAvg. PriceListings
602 - Embrun$611,393110
601 - Village of Russell$638,27886
603 - Russell Twp$788,46449

Accessibility, Aging-in-Place & Downsizer Demand in Russell

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

Frequently Asked Questions

Everything you need to know about bungalows in Russell.

The average sold price for a bungalow in Russell is currently $656K, 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.