Kitchener is one of the most competitive bungalow markets in Ontario. In October 2026 nearly half of all bungalows sold there (48%) went over asking, homes sold in a median of 16 days, and buyers paid 100% of the list price on average. All of that happened even as the median price slipped to $626,000, its lowest point in 13 months.
Kitchener bungalows by the numbers
| Oct 2026 | Sep 2026 | Oct 2025 | Oct 2024 | |
|---|---|---|---|---|
| Median sold price | $626,000 | $673,000 | $640,000 | $760,000 |
| Bungalows sold | 46 | 52 | 56 | 43 |
The median fell 6.9% from September and is 17.6% below October 2024. But the sale-to-list ratio held at 100% and nearly half of homes sold over asking, so this is not a market where buyers are getting deals by waiting. With fewer than 60 sales a month, Kitchener’s median can swing from month to month, so the sale-to-list ratio and the share of homes selling over asking are the better read on demand, and both are strong.
Kitchener bungalow sold prices: last 13 months
| Month | Sold | Median sold price | Median days on market | Sold vs asking |
|---|---|---|---|---|
| Oct 2026 | 46 | $626,000 | 16 | 100.0% |
| Sep 2026 | 52 | $672,500 | 13 | 100.2% |
| Aug 2026 | 40 | $636,500 | 17 | 98.8% |
| Jul 2026 | 60 | $648,300 | 15 | 98.7% |
| Jun 2026 | 68 | $677,500 | 15 | 100.1% |
| May 2026 | 59 | $680,000 | 14 | 100.0% |
| Apr 2026 | 46 | $682,500 | 10 | 100.1% |
| Mar 2026 | 45 | $665,000 | 15 | 99.1% |
| Feb 2026 | 35 | $690,000 | 13 | 98.7% |
| Jan 2026 | 24 | $675,000 | 34 | 98.2% |
| Dec 2025 | 29 | $650,000 | 28 | 96.7% |
| Nov 2025 | 39 | $660,000 | 18 | 99.3% |
| Oct 2025 | 56 | $640,000 | 18 | 100.8% |
How Kitchener compares, October 2026
| Area | Sold | Median sold price | Days on market | Sold vs asking | Sold over asking |
|---|---|---|---|---|---|
| Kitchener | 46 | $626,000 | 16 | 100.0% | 48% |
| Waterloo Region | 112 | $660,000 | 19 | 99.1% | 37% |
| 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 |
|---|---|---|---|---|
| Cambridge | 32 | $637,500 | 24 | 97.9% |
| Waterloo | 20 | $697,500 | 21 | 99.3% |
| Wilmot | 6 | $965,000 | 25 | 99.9% |
| Woolwich | 5 | $929,900 | 10 | 98.8% |
| Wellesley | 3 | $959,000 | 11 | 94.7% |
See every bungalow that sold in Kitchener
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 Kitchener 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.
Why Kitchener is so competitive
Supply is tight. 125 bungalows were for sale on November 1, with 19 new in the past week. At October’s sales pace that is about 2.7 months of supply, the lowest of the ten cities in our November reports. Prices are also well below the GTA: $626,000 compared with $950,000 in Toronto and $725,000 in Brampton, which keeps buyers coming from both directions.
Across Waterloo Region as a whole, 112 bungalows sold in October at a median of $660,000, with buyers paying 99.1% of asking.
How to buy a bungalow in Kitchener in a competitive market
- Get pre-approved first. With homes selling in about two weeks, you need to be ready to write an offer the same week you see a home.
- Expect offer dates. Many listings set a day to review offers. Decide your top price in advance, using sold history on the street rather than the asking price.
- Think about conditions carefully. In multiple offers, a pre-offer inspection can let you make a cleaner offer without skipping due diligence.
For Kitchener sellers
Conditions favour you. Price close to recent sales, prepare the home well, and you have a good chance of competing offers. The median asking price on current listings is $690,000, and the typical listing has been up 26 days, so the homes priced right are the ones moving fastest.
Frequently asked questions
How much does a bungalow cost in Kitchener?
The median sold price was $626,000 in October 2026, and the average was $652,600.
Do Kitchener bungalows sell over asking?
Often: 48% of October 2026 sales went over asking, and homes sold for 100% of the list price on average.
How fast do bungalows sell in Kitchener?
The median was 16 days in October 2026.
Keep exploring
- Bungalows for sale in Kitchener, updated every 15 minutes
- Ontario bungalow market report, October 2026
- What’s my bungalow worth?
Bungalows for sale in Kitchener, Waterloo Region and Toronto
Live listings from the places in this article.
$875,00060 Ebydale Drive, Kitchener3+1 bed · 2 bathCourtesy of REAL BROKER ONTARIO LTD.
$649,999296 Weber Street E, Kitchener3 bed · 2 bathCourtesy of CORCORAN HORIZON REALTY
$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.
$675,000158 Plymouth Road, Kitchener2+3 bed · 2 bathCourtesy of RE/MAX REAL ESTATE CENTRE INC.
$650,000444 Stirling Avenue S, Kitchener3+2 bed · 2 bathCourtesy of iCloud Realty Ltd.
