There are currently 2 sold bungalow listings in Strathroy-Caradoc, Ontario with an average price of $580,458 CAD.
- Listings:
- 2
- Avg. Price:
- $580,458
Bungalows Sold in Strathroy-Caradoc, 2 Listings
Strathroy-Caradoc Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Strathroy-Caradoc Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $590,000 | 156 | 38 days | 73 |
| 1 Year | $590,000 | 251 | 46 days | 73 |
| 3 Years | $595,000 | 513 | 42 days | 73 |
| 5 Years | $595,000 | 513 | 42 days | 73 |
Sold Bungalow Benchmarks & Market Trends in Strathroy-Caradoc
Reviewing recently sold bungalows in Strathroy-Caradoc provides direct, unvarnished insight into actual closing values and transaction liquidity. With 2 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 Strathroy-Caradoc demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Strathroy-Caradoc
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $400,000 | 5 |
| 2 Beds | $520,231 | 67 |
| 3 Beds | $535,954 | 210 |
| 4 Beds | $640,695 | 159 |
| 5+ Beds | $664,491 | 56 |
Strathroy-Caradoc Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Strathroy-Caradoc 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 $1.1M. The benchmark average sold price for a bungalow in Strathroy-Caradoc sits at $580K.
Because land value represents the overwhelming majority of a bungalow's total equity in Strathroy-Caradoc, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Strathroy-Caradoc
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Strathroy-Caradoc, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Strathroy-Caradoc 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 Strathroy-Caradoc exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.
Top Neighborhoods in Strathroy-Caradoc
Exploring sub-areas within Strathroy-Caradoc can help buyers compare average prices and active inventory across communities.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| SE | $576,726 | 128 |
| NE | $569,194 | 92 |
| NW | $500,347 | 87 |
| SW | $540,853 | 87 |
| Mount Brydges | $686,800 | 77 |
| Rural Strathroy-Caradoc | $835,000 | 10 |
| Campbellvale | $675,000 | 5 |
| Melbourne | $472,000 | 5 |
| Cairngorm | $825,000 | 5 |
Accessibility, Aging-in-Place & Downsizer Demand in Strathroy-Caradoc
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Strathroy-Caradoc 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 Strathroy-Caradoc represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Strathroy-Caradoc.