There are currently 67 sold bungalow listings in Current River, Thunder Bay, Ontario with an average price of $394,651 CAD.
- Listings:
- 67
- Avg. Price:
- $394,651
Bungalows Sold in Current River, Thunder Bay, 67 Listings












Current River, Thunder Bay Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Current River, Thunder Bay Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $378,000 | 26 | 18 days | 1 |
| 1 Year | $375,500 | 32 | 17 days | 1 |
| 3 Years | $385,000 | 67 | 15 days | 1 |
| 5 Years | $385,000 | 67 | 15 days | 1 |
Sold Bungalow Benchmarks & Market Trends in Current River, Thunder Bay
Reviewing recently sold bungalows in Current River, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 67 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 Current River, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.
Average Prices by Bedroom in Current River, Thunder Bay
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 1 Bed | $257,000 | 1 |
| 2 Beds | $342,044 | 16 |
| 3 Beds | $396,296 | 28 |
| 4 Beds | $445,978 | 14 |
| 5+ Beds | $437,600 | 5 |
Current River, Thunder Bay Bungalow Pricing: Entry, Benchmark & Luxury Tiers
Recent MLS® sales in Current River, Thunder Bay establish clear pricing benchmarks. Entry-level single-storey properties have traded from $255K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $550K. The benchmark average sold price for a bungalow in Current River, Thunder Bay sits at $395K.
Because land value represents the overwhelming majority of a bungalow's total equity in Current River, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.
Secondary Suites, ADUs & Investment Potential in Current River, Thunder Bay
Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Current River, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Current River, 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 Current River, 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 Current River, Thunder Bay
With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Current River, 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 Current River, Thunder Bay represents a secure lifestyle and real estate investment.
Frequently Asked Questions
Everything you need to know about bungalows in Current River, Thunder Bay.
