There are currently 355 sold bungalow listings in Severn, Ontario with an average price of $796,697 CAD.
- Listings:
- 355
- Avg. Price:
- $796,697
Bungalows Sold in Severn, 355 Listings
Severn Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Severn Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $714,000 | 124 | 44 days | 105 |
| 1 Year | $730,000 | 171 | 48 days | 105 |
| 3 Years | $732,000 | 355 | 44 days | 105 |
| 5 Years | $732,000 | 355 | 44 days | 105 |
Sold Bungalow Benchmarks & Market Trends in Severn
Reviewing recently sold bungalows in Severn provides direct, unvarnished insight into actual closing values and transaction liquidity. With 355 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 Severn demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Severn
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $265,000 | 4 |
| 2 Beds | $490,087 | 60 |
| 3 Beds | $771,688 | 181 |
| 4 Beds | $854,471 | 60 |
| 5+ Beds | $1,396,240 | 36 |
Severn Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Severn 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 $3.5M. The benchmark average sold price for a bungalow in Severn sits at $796K.
Because land value represents the overwhelming majority of a bungalow's total equity in Severn, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Severn
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Severn, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Severn 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 Severn exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Severn
Exploring sub-areas within Severn can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Rural Severn | $857,521 | 135 |
| West Shore | $644,386 | 78 |
| Coldwater | $635,259 | 71 |
| Marchmont | $1,141,800 | 18 |
| Bass Lake | $1,145,625 | 14 |
| Fesserton | $786,000 | 11 |
| Washago | $499,500 | 7 |
| Port Severn | $1,662,500 | 7 |
Accessibility, Aging-in-Place & Downsizer Demand in Severn
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Severn 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 Severn represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Severn.