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There are currently 202 sold bungalow listings in Westfort, Thunder Bay, Ontario with an average price of $370,004 CAD.

Listings:
202
Avg. Price:
$370,004
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Westfort, Thunder Bay Bungalow Market Trends & Statistics

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

Seller's Market(1150% SNR)
Median Sold (6M)
$345,000
-22% YoY
Avg. Days on Market
17 Days
6-month closed average
Sold (6M) / Active
69 / 6
Closed vs active inventory
6M / 2Y Price Change
-22% (6M)
2Y trend: -11.4%
Nov 26: Median $292,500 • 8 sold • 16 DOMHover or tap points to inspect monthly data
$180k$243k$305k$368k$430kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Westfort, Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$345,0006917 days6
1 Year$345,0009717 days6
3 Years$333,02420216 days6
5 Years$333,02420216 days6

Sold Bungalow Benchmarks & Market Trends in Westfort, Thunder Bay

Reviewing recently sold bungalows in Westfort, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 202 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 Westfort, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Westfort, Thunder Bay

BedroomsAvg. PriceActive Listings
1 Bed$370,0002
2 Beds$335,39659
3 Beds$372,30279
4 Beds$443,86226
5+ Beds$355,0004

Westfort, Thunder Bay Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Westfort, Thunder Bay 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 $576K. The benchmark average sold price for a bungalow in Westfort, Thunder Bay sits at $370K.

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

Secondary Suites, ADUs & Investment Potential in Westfort, Thunder Bay

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

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

Frequently Asked Questions

Everything you need to know about bungalows in Westfort, Thunder Bay.

The average sold price for a bungalow in Westfort is currently $370K, 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.