Oakville’s bungalow market sent mixed signals in October 2026. The median sold price jumped to $1,350,000, up 6.3% from a year ago, yet not a single one of the 30 bungalows that sold went over its asking price. Here is how to read a market where prices look firm but buyers hold the cards.
Three things to know about Oakville bungalows this November
1. The median is up, but it moves around a lot
Oakville sells far fewer bungalows than Toronto or Mississauga, between 10 and 46 a month over the past year, so a handful of large sales can swing the median. Over 13 months it has ranged from $1,095,000 (January 2026, just 10 sales) to $1,425,000 (May 2026). October’s $1,350,000 is near the top of that range and 13% higher than September, but it is still 6.4% below October 2024’s $1,443,000. Look at several months together before deciding prices are rising.
2. Nobody is overbidding
Every Oakville bungalow that sold in October went for its asking price or less. On average buyers paid 95.4% of asking, the lowest ratio among the large GTA cities, and the median home took 30.5 days to sell, more than double September’s 14. That is a market where buyers are negotiating.
3. There is plenty to choose from
137 bungalows were for sale on November 1, with a median asking price of $1.5 million, and current listings have been up a median of 38 days. At October’s pace that is about 4.6 months of supply, compared with about 3.2 months next door in Burlington.
Oakville bungalow sold prices: last 13 months
| Month | Sold | Median sold price | Median days on market | Sold vs asking |
|---|---|---|---|---|
| Oct 2026 | 30 | $1,350,000 | 30 | 95.4% |
| Sep 2026 | 23 | $1,195,000 | 14 | 95.5% |
| Aug 2026 | 14 | $1,158,000 | 65 | 94.4% |
| Jul 2026 | 40 | $1,209,000 | 33 | 95.2% |
| Jun 2026 | 40 | $1,393,500 | 15 | 98.2% |
| May 2026 | 40 | $1,425,000 | 17 | 96.2% |
| Apr 2026 | 46 | $1,275,000 | 19 | 95.8% |
| Mar 2026 | 21 | $1,350,000 | 10 | 96.4% |
| Feb 2026 | 17 | $1,338,000 | 18 | 94.7% |
| Jan 2026 | 10 | $1,095,000 | 20 | 95.7% |
| Dec 2025 | 21 | $1,165,000 | 31 | 93.2% |
| Nov 2025 | 30 | $1,270,000 | 33 | 94.7% |
| Oct 2025 | 43 | $1,270,000 | 23 | 95.1% |
How Oakville compares, October 2026
| Area | Sold | Median sold price | Days on market | Sold vs asking | Sold over asking |
|---|---|---|---|---|---|
| Oakville | 30 | $1,350,000 | 30 | 95.4% | 0% |
| Halton Region | 113 | $1,075,900 | 19 | 96.7% | 13% |
| GTA | 953 | $894,000 | 20 | 97.0% | 20% |
| All of Ontario | 4,352 | $620,000 | 27 | 97.0% | 15% |
Nearby bungalow markets, October 2026
| Town | Sold | Median sold price | Days on market | Sold vs asking |
|---|---|---|---|---|
| Burlington | 57 | $1,045,000 | 18 | 97.5% |
| Halton Hills | 21 | $809,900 | 13 | 97.0% |
| Milton | 5 | $950,000 | 14 | 97.0% |
See every bungalow that sold in Oakville
Addresses, sold prices, photos and full price history for each sale. Free with a BungalowConnect account.
Figures cover bungalows, raised bungalows, bungalofts, sidesplits, backsplits and 1½-storey homes in Oakville sold through the MLS® System, dated by the day the deal firmed up. Medians are the middle sale, so a few very high or low sales do not skew them. Source: PropTx (TRREB) MLS® System data; deemed reliable but not guaranteed. Updated November 1, 2026.
The luxury end
October’s sales ran from $847,000 to $6.13 million, and the average price of $1,606,500 sat well above the median, pulled up by large-lot and luxury homes. At the top of the market, buyers tend to take their time, and sellers who price above recent sales are the ones who end up reducing.
For Oakville buyers
- Use the 4.6 months of supply to your advantage: compare several homes and make conditional offers (financing, inspection) where you can.
- For homes listed more than a month, an offer below asking is reasonable. Back it up with what similar homes on the street actually sold for.
- Many older Oakville bungalows sit on lots worth more than the house. If you plan to renovate or rebuild, check zoning and any heritage or tree rules with the Town first.
For Oakville sellers
Price to the market you are in now, not to last spring’s peak. With no homes selling over asking in October, the realistic goal is to be the best-value home in your price range so you sell before the new year rather than sitting into 2027.
Frequently asked questions
What is the average price of a bungalow in Oakville?
The median sold price was $1,350,000 in October 2026 and the average was $1,606,500, from 30 sales.
Are bungalows in Oakville selling over asking?
Not in October 2026: none of the 30 sales went over asking, and buyers paid 95.4% of the list price on average.
Is it a good time to buy a bungalow in Oakville?
For buyers, conditions are favourable: about 4.6 months of supply, homes taking about a month to sell, and room to negotiate on price.
Keep exploring
- Bungalows for sale in Oakville, updated every 15 minutes
- Oakville bungalow market report, October 2026 (what was listed and what sellers were asking)
- Ontario bungalow market report, October 2026
- What’s my bungalow worth?
Bungalows for sale in Oakville, Halton Region and Toronto
Live listings from the places in this article.
$830,0001142 Falgarwood Drive, Oakville3 bed · 2 bath · 1005 - FA FalgarwoodCourtesy of ACCSELL REALTY INC.
$1,349,0002470 Meadowood Crescent, Oakville3 bed · 2 bath · 1001 - BR BronteCourtesy of SAM MCDADI REAL ESTATE INC.
$1,500,00097 Estelle Avenue, Toronto3+4 bed · 7 bath · Willowdale EastCourtesy of RE/MAX REALTRON REALTY INC.
$699,0007 Twenty Second Street, Toronto3+3 bed · 3 bath · Long BranchCourtesy of RE/MAX PREMIER INC.
$999,9001286 Napier Crescent, Oakville4 bed · 3 bath · 1003 - CP College ParkCourtesy of RE/MAX HALLMARK REALTY LTD.
$959,0002440 Rebecca Street, Oakville4 bed · 2 bath · 1001 - BR BronteCourtesy of Royal LePage Real Estate Services Ltd., Brokerage
