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There are currently 334 sold bungalow listings in Springwater, Ontario with an average price of $1,059,977 CAD.

Listings:
334
Avg. Price:
$1,059,977

...

Springwater Bungalow Market Trends & Statistics

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

Seller's Market(170.5% SNR)
Median Sold (6M)
$875,000
-16.5% YoY
Avg. Days on Market
28 Days
6-month closed average
Sold (6M) / Active
104 / 61
Closed vs active inventory
6M / 2Y Price Change
-5.9% (6M)
2Y trend: +15.4%
Nov 26: Median $695,000 • 17 sold • 24 DOMHover or tap points to inspect monthly data
$620k$765k$910k$1.05M$1.20MDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Springwater Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$875,00010428 days61
1 Year$845,00016935 days61
3 Years$850,00034335 days61
5 Years$850,00034335 days61

Sold Bungalow Benchmarks & Market Trends in Springwater

Reviewing recently sold bungalows in Springwater provides direct, unvarnished insight into actual closing values and transaction liquidity. With 334 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 Springwater demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Springwater

BedroomsAvg. PriceActive Listings
2 Beds$642,50014
3 Beds$830,49689
4 Beds$1,048,297106
5+ Beds$1,295,076117

Springwater Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Springwater establish clear pricing benchmarks. Entry-level single-storey properties have traded from $500K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $2.9M. The benchmark average sold price for a bungalow in Springwater sits at $1.1M.

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

Secondary Suites, ADUs & Investment Potential in Springwater

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

Top Neighborhoods in Springwater

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

NeighborhoodAvg. PriceListings
Rural Springwater$938,01496
Midhurst$1,081,50979
Snow Valley$1,531,91858
Elmvale$717,55034
Centre Vespra$975,93827
Minesing$709,83310
Phelpston$1,365,00010
Hillsdale$788,0007
Anten Mills$727,5003

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Springwater.

The average sold price for a bungalow in Springwater is currently $1.1M, 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.