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There are currently 70 sold bungalow listings in Green Acres, Thunder Bay, Ontario with an average price of $431,790 CAD.

Listings:
70
Avg. Price:
$431,790
Map View
114 Caroline Street, Thunder Bay, ON P7E 4T6 - Property 1
SOLD
Sold: $523,000$519,900
114 Caroline Street, Thunder Bay
7 bed • 4 bath • 6 parking
2126 Mcgregor Avenue, Thunder Bay, ON P7E 5G5 - Property 1
SOLD
Sold: $310,000$244,900
2126 Mcgregor Avenue, Thunder Bay
3 bed • 2 bath • 3 parking
412 James Street S, Thunder Bay, ON P7E 2V5 - Property 1
SOLD
Sold: $445,000$389,900
412 James Street S, Thunder Bay
4 bed • 2 bath • N/A
208 Gordon Street, Thunder Bay, ON P7E 4T3 - Property 1
SOLD
Sold: $350,000$339,000
208 Gordon Street, Thunder Bay
2 bed • 1 bath • N/A
464 James Street S, Thunder Bay, ON P7E 2V5 - Property 1
SOLD
Sold: $402,000$399,900
464 James Street S, Thunder Bay
3 bed • 2 bath • N/A
468 Heather Crescent, Thunder Bay, ON P7E 5K9 - Property 1
SOLD
Sold: $390,000$399,900
468 Heather Crescent, Thunder Bay
3 bed • 2 bath • N/A
601 Edward Street S, Thunder Bay, ON P7E 2H1 - Property 1
SOLD
Sold: $440,000$469,900
601 Edward Street S, Thunder Bay
3 bed • 2 bath • N/A
2608 Ridgeway Street E, Thunder Bay, ON P7E 5K3 - Property 1
SOLD
Sold: $390,000$425,000
2608 Ridgeway Street E, Thunder Bay
4 bed • 2 bath • N/A
113 Isabella St. W., Thunder Bay, ON P7E 5N3 - Property 1
SOLD
Sold: $532,700$429,900
113 Isabella St. W., Thunder Bay
3 bed • 2 bath • N/A
2645 Isabella Street E, Thunder Bay, ON P7E 5C9 - Property 1
SOLD
Sold: $342,000$325,000
2645 Isabella Street E, Thunder Bay
2 bed • 1 bath • N/A
2044 Begin Street E, Thunder Bay, ON P7E 5L5 - Property 1
SOLD
Sold: $410,000$359,900
2044 Begin Street E, Thunder Bay
2 bed • 1 bath • N/A
728 Linwood Crescent, Thunder Bay, ON P7E 2S1 - Property 1
SOLD
Sold: $480,728$399,900
728 Linwood Crescent, Thunder Bay
4 bed • 2 bath • N/A

Green Acres, Thunder Bay Bungalow Market Trends & Statistics

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

Seller's Market(2400% SNR)
Median Sold (6M)
$442,500
+7.8% YoY
Avg. Days on Market
16 Days
6-month closed average
Sold (6M) / Active
24 / 1
Closed vs active inventory
6M / 2Y Price Change
+4.6% (6M)
2Y trend: +51.6%
Nov 26: Median $523,000 • 1 sold • 29 DOMHover or tap points to inspect monthly data
$310k$370k$430k$490k$550kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Green Acres, Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$442,5002416 days1
1 Year$452,5003415 days1
3 Years$430,0007013 days1
5 Years$430,0007013 days1

Sold Bungalow Benchmarks & Market Trends in Green Acres, Thunder Bay

Reviewing recently sold bungalows in Green Acres, Thunder Bay provides direct, unvarnished insight into actual closing values and transaction liquidity. With 70 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 Green Acres, Thunder Bay demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Green Acres, Thunder Bay

BedroomsAvg. PriceActive Listings
2 Beds$397,0569
3 Beds$417,77231
4 Beds$456,90524
5+ Beds$504,0002

Green Acres, Thunder Bay Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Green Acres, Thunder Bay establish clear pricing benchmarks. Entry-level single-storey properties have traded from $275K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $610K. The benchmark average sold price for a bungalow in Green Acres, Thunder Bay sits at $432K.

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

Secondary Suites, ADUs & Investment Potential in Green Acres, Thunder Bay

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

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

Frequently Asked Questions

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

The average sold price for a bungalow in Green Acres is currently $432K, 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.