Oakville Bungalow Market Report: November 2026

Oakville is one of the higher-priced bungalow markets in Halton Region, and October's numbers show why buyers and sellers are watching it closely. The median sold price jumped 13% in a single month to $1,350,000, yet not one of the 30 bungalows that sold went for more than its asking price.

That mix of rising prices and cautious buyers makes November 2026 worth a careful look. This report covers the latest sold prices, the 137 bungalow-style homes currently listed, neighbourhood options and what it all means whether you are buying or selling.

Oakville bungalow market in numbers

The following statistics provide an overview of Oakville's bungalow market as November 2026 begins. Sold-price figures are based on October's completed transactions, while active listing figures represent November 1.

These numbers highlight an interesting market situation. Although the median sold price increased, buyers were not paying above asking price in October. This allows buyers to compare properties and evaluate their offers carefully.

1. Oakville bungalow prices and sales trends

Oakville is known for its established residential neighbourhoods, detached homes, larger lots and luxury properties. Bungalow prices can vary considerably depending on location, property condition, lot dimensions and renovation potential.

In October 2026, the median sold price reached $1,350,000, compared with $1,195,000 in September.

However, Oakville typically records fewer bungalow transactions than larger GTA markets. This means that a small number of expensive or lower-priced sales can influence the monthly median.

Oakville bungalow sales over the last 13 months

The following table shows how bungalow sales and median prices have changed over the past year.

What do these numbers tell buyers and sellers?

There are three important observations from the latest data.

1. Median prices increased in October.

Oakville's median bungalow sold price increased from $1,195,000 in September to $1,350,000 in October. This represents a 13% monthly increase.

2. Sales activity improved compared with September.

A total of 30 bungalows sold in October, compared with 23 in September. This represents approximately 30.4% growth in monthly sales.

3. Properties took longer to sell.

The median days on market increased from approximately 14 days in September to 31 days in October. Buyers may therefore have more time to evaluate properties and negotiate.

An important point is that the higher October median does not necessarily mean every Oakville bungalow increased in value. Property mix and the small number of monthly transactions can affect the results.

2. How much are Oakville bungalows selling for compared with asking prices?

One of the most important indicators for buyers and sellers is the relationship between a property's asking price and its final selling price.

In October 2026, Oakville bungalows sold for an average of 95.4% of their asking prices. None of the 30 completed sales went above asking.

What does this mean for buyers?

Buyers may have more room to negotiate when a property has been listed for several weeks or is priced above comparable sales.

Before making an offer, consider:

• Reviewing recently sold properties in the same neighbourhood.

• Comparing the home's condition with competing listings.

• Checking how long the property has been available.

• Reviewing recent price reductions.

• Including appropriate financing and inspection conditions where suitable.

What does this mean for sellers?

Sellers should avoid relying on asking prices alone when determining their property's value.

A realistic pricing strategy should consider recent sold properties, current competition, renovations, lot size and location.

The October figures suggest that buyers are carefully evaluating asking prices before making offers.

3. Oakville bungalow inventory and active listings

Inventory plays an important role in determining how much choice buyers have and how much competition sellers face.

As of November 1, 2026, Oakville had 137 bungalow-style homes listed for sale, with a median asking price of $1.5 million.

The median listing time was approximately 38 days.

At October's sales pace, the available listings represented approximately 4.6 months of supply.

Oakville bungalow inventory snapshot

What does 4.6 months of inventory mean?

Months of inventory estimates how long the currently available properties would take to sell if no new listings entered the market and sales continued at the existing pace.

A higher supply generally gives buyers more options and can increase competition among sellers.

For Oakville bungalow buyers, this means there may be opportunities to compare multiple homes before deciding which property offers the best value.

For sellers, it means pricing and presentation are especially important when similar properties are competing for buyers' attention.

4. Oakville bungalow prices by property style

Not every bungalow-style property in Oakville has the same asking price. Property layout, number of bedrooms, lot size and renovation potential can create substantial price differences.

The following figures come from a separate active listing snapshot and show asking prices, not sold prices. Listing counts may therefore differ slightly from the November 1 total above.

Traditional bungalows represented the largest number of available properties in that snapshot.

Buyers should compare properties within the same style and similar price range instead of assuming all bungalow-style homes have comparable market values.

5. Oakville neighbourhoods to explore when buying a bungalow

Oakville offers a variety of established and newer residential communities. Each neighbourhood has different housing characteristics, access to amenities and property types.

For buyers looking for bungalow-style homes, neighbourhood selection should consider both lifestyle and long-term property requirements.

Oakville - Old Oakville Bungalows for Sale | View Bungalow Real Estate in Oakville, ON

Old Oakville

Old Oakville is known for its established residential character, mature trees and proximity to downtown amenities and the waterfront. Buyers interested in older homes and larger renovation opportunities may want to explore this area.

257 Wedgewood Drive | Oakville, ON L6J 4R6 | Goodale Miller Team

Morrison

Morrison is an established residential neighbourhood with a range of detached properties and larger lots. Buyers should consider lot characteristics, zoning and renovation potential when comparing properties.

1265 Montclair Dr, Oakville, ON | Property.ca

College Park

College Park offers established residential streets and access to local amenities. It is worth considering for buyers comparing detached homes and bungalow-style layouts.

1106 FALGARWOOD DR, OAKVILLE (FA FALGARWOOD), ON L6H 1N9 House For Sale | RE/MAX | W12953112

Falgarwood

Falgarwood features established residential housing and convenient access to local shopping, schools and recreational facilities. Buyers can explore different detached home layouts in the area.

Bronte Oakville Luxury Homes For Sale - 162 Homes | Zillow

Bronte

Bronte offers a waterfront community setting, local amenities and access to parks and recreational areas. Buyers looking for a bungalow near Lake Ontario may want to include this area in their search.

The Best of Oakville: Five Top Neighborhoods in Oakville, Ontario | Mandeep Dhesi, RE/MAX EXCELLENCE REAL ESTATE BROKERAGE

Glen Abbey

Glen Abbey is an established residential community with parks, recreational facilities and a variety of detached homes. It may appeal to buyers looking for established neighbourhood amenities.

These neighbourhood descriptions are general guidance. They are not a ranking of bungalow prices or a confirmation of current property availability.

6. Is November 2026 a good time to buy a bungalow in Oakville?

Oakville's November bungalow market provides several indicators that buyers can use when evaluating a purchase.

With 137 active listings, approximately 4.6 months of supply and no October sales above asking price, buyers may have opportunities to negotiate on suitable properties.

However, individual properties can perform differently depending on location, condition, lot size and asking price.

Five things Oakville bungalow buyers should consider

1. Compare recent sold prices

Look at comparable properties in the same neighbourhood. A large detached bungalow on a premium lot should not be compared directly with a smaller home requiring significant renovations.

2. Review the lot size and zoning

Some Oakville buyers purchase older bungalows because they are interested in renovation or rebuilding. Before making plans, investigate zoning restrictions, applicable permits, heritage requirements and tree protection rules with the Town of Oakville.

3. Inspect the property's condition

Pay attention to the foundation, roof, windows, electrical systems, plumbing and heating equipment.

4. Understand future maintenance costs

Older properties may require additional maintenance or upgrades. Include these costs when determining your overall budget.

5. Get mortgage pre-approval

A mortgage pre-approval helps you understand your purchasing budget and prepares you to make an informed offer.

7. What should Oakville bungalow sellers know?

Oakville sellers need to understand that buyers have several properties to compare in the current market.

With no bungalow sales above asking price in October, pricing a property too aggressively could result in longer listing times.

A successful selling strategy should focus on realistic pricing, professional presentation, and highlighting the features that distinguish the property.

Practical selling tips

• Review recently sold bungalow properties in your neighbourhood.

• Compare competing active listings before setting your price.

• Highlight renovated kitchens, bathrooms and living spaces.

• Present the lot size and outdoor features clearly.

• Provide accurate information about basement finishes and improvements.

• Use professional photography and detailed property descriptions.

• Address visible maintenance issues before listing.

• Review buyer feedback and adjust the strategy when necessary.

For properties with larger lots, renovation potential or distinctive architectural features, provide clear and accurate details that help buyers understand the property's value.

8. Oakville bungalow market compared with nearby areas

Oakville is one of the higher-priced bungalow markets in Halton Region. Comparing it with nearby areas helps buyers understand how local prices differ.

The following figures show October 2026 bungalow market results.

What does this comparison mean?

Oakville recorded the highest median bungalow sold price among these four markets in October.

Burlington had more bungalow sales, while Halton Hills recorded a lower median sold price.

Milton's figures are based on only five sales, so its monthly median should be interpreted carefully.

Buyers considering Oakville may also want to explore nearby markets if they are flexible about location and property requirements.

9. Oakville bungalow market outlook for November 2026

Oakville's bungalow market entered November with a median sold price of $1.35 million, 30 completed sales in October, and 137 active listings on November 1.

The market shows a combination of higher monthly median prices and increased buyer negotiating opportunities.

However, the 13% monthly increase should be considered alongside Oakville's relatively small number of bungalow transactions. A handful of higher-value sales can have a noticeable effect on the median.

For buyers, comparing properties and reviewing recent comparable sales remains important.

For sellers, accurate pricing, property condition, and competition from active listings will influence how quickly a home attracts interest.

As November progresses, new listings and completed transactions will provide a clearer picture of market conditions.

Final Thoughts

Oakville's bungalow market offers a range of opportunities for buyers and sellers in November 2026. October recorded 30 completed bungalow sales at a median price of $1,350,000, while 137 properties were available at the beginning of November.

For buyers, the current market provides opportunities to compare homes, investigate property conditions and negotiate based on recent comparable sales.

For sellers, competitive pricing, professional presentation and an understanding of local inventory can help attract qualified buyers.

Whether you are looking for a traditional detached bungalow, a raised bungalow or a property with renovation potential, understanding Oakville's local market can help you make a more informed real estate decision.

Explore Oakville bungalow listings and compare available properties to find a home that matches your needs.

FAQs

1. What is the average price of a bungalow in Oakville in November 2026?

The median sold price for bungalow-style homes in Oakville was $1,350,000 in October 2026, while the average sold price was $1,606,500. The median asking price for active listings was $1.5 million on November 1. These figures represent different market measurements.

2. How many bungalows sold in Oakville in October 2026?

A total of 30 bungalow-style homes sold in Oakville during October 2026. This was approximately 30.4% higher than September's 23 sales.

3. How many bungalows are for sale in Oakville?

There were 137 bungalow-style properties listed for sale in Oakville as of November 1, 2026. Their median asking price was approximately $1.5 million.

4. Are Oakville bungalows selling above asking price?

No. None of the 30 bungalow-style homes sold above asking price in October 2026. On average, properties sold for 95.4% of their asking prices.

5. How long does it take to sell a bungalow in Oakville?

The median time on market was approximately 31 days in October 2026. This means half of the completed sales took less time and half took longer.

6. Which Oakville neighbourhoods should I consider when buying a bungalow?

Old Oakville, Morrison, College Park, Falgarwood, Bronte and Glen Abbey are worth exploring. Buyers should compare property availability, lot sizes, neighbourhood amenities and recent sold prices.

7. Is Oakville more expensive than Burlington for bungalow buyers?

Based on October 2026 completed sales, Oakville had a median bungalow sold price of $1.35 million, compared with $1.045 million in Burlington. The difference was approximately $305,000.

8. Is November a good time to sell a bungalow in Oakville?

The current market has several competing listings, and October properties sold for an average of 95.4% of their asking prices. Sellers should review comparable sales and competing properties before setting an asking price.

9. Where can I find bungalows for sale in Oakville?

You can explore available bungalow properties in Oakville through Bungalow Finder. Compare current asking prices, property layouts, neighbourhoods and home features before arranging a viewing.