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Toronto Bungalow Market Report: November 2026

Toronto bungalow market report, November 2026

352 bungalow-style homes sold in Toronto in October 2026 at a median price of $950,000. That is 5% lower than a year ago and 12% below October 2024, yet the typical Toronto bungalow still sold in just 17 days, and more than one in four went over asking. Here is what that split market means if you are buying or selling this November.

October in Toronto, at a glance

  • 352 bungalows sold, the most of any city in Ontario
  • Median sold price $950,000, up 3.1% from September, down 5.0% from October 2025
  • 17 days to sell, among the fastest of the big GTA markets
  • 28% sold over asking; homes closed at 97.3% of list price overall
  • 1,198 bungalows for sale on November 1, about 3.4 months of supply

Prices are lower, but the good ones still move fast

Toronto bungalows are cheaper than they were two years ago. The October median of $950,000 compares with $1,000,000 in October 2025 and $1,083,000 in October 2024. Over the last 13 months the monthly median has stayed in a narrow band between $921,000 and $1,000,000, so prices have levelled off rather than kept sliding.

What has not cooled is demand for well-priced homes. A median of 17 days on market and 28% of sales over asking point to a two-speed city: a detached bungalow on a good lot, priced near recent sales, still draws more than one offer, while homes that need major work or list above the neighbourhood sit for weeks. The spread of sold prices, from $525,000 to $5.45 million, shows how different those markets are.

The average price ($1,080,300) runs well above the median because a handful of high-end sales, topping out at $5.45 million, pull it up. The median is the better guide to what a typical bungalow costs.

Median sold price
$950,000
+3.1% vs September -5.0% vs Oct 2025
Bungalows sold
352
+3.5% vs September -1.1% vs Oct 2025
Median days on market
17 days
15 days in September
Sold vs asking price
97.3%
28% sold over asking
Average sold price
$1,080,300
Price range
$525K – $5.45M

Toronto bungalow sold prices: last 13 months

Median bungalow sold price in Toronto by monthMedian sold price of bungalow-style homes in Toronto for each of the last 13 months, ending October 2026.$900K$930K$960K$990K$1.02MOct 2025Dec 2025Feb 2026Apr 2026Jun 2026Aug 2026Oct 2026$950KBungalowConnect.com
Median sold price, all bungalow styles, Toronto. Monthly medians swing more in smaller markets. Source: BungalowConnect.com from MLS® System data.
Toronto bungalow sales by month
MonthSoldMedian sold priceMedian days on marketSold vs asking
Oct 2026352$950,0001797.3%
Sep 2026340$921,0001597.3%
Aug 2026316$928,5002097.1%
Jul 2026394$942,5002097.0%
Jun 2026390$988,0001797.2%
May 2026410$980,0001597.8%
Apr 2026396$975,0001497.6%
Mar 2026280$995,0001498.0%
Feb 2026246$959,0001697.3%
Jan 2026164$957,5002096.9%
Dec 2025226$945,0002896.4%
Nov 2025326$961,0001897.1%
Oct 2025356$1,000,0001697.1%

How Toronto compares, October 2026

Toronto compared, October 2026
AreaSoldMedian sold priceDays on marketSold vs askingSold over asking
Toronto352$950,0001797.3%28%
GTA953$894,0002097.0%20%
All of Ontario4,352$620,0002797.0%15%

See every bungalow that sold in Toronto

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 Toronto 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.

What is for sale right now

On November 1 there were 1,198 bungalow-style homes for sale in Toronto, with 160 new listings in the past week. The median asking price is $1.07 million, higher than the $950,000 median sold price, because the most expensive homes tend to sit longest. At October’s pace of sales, that is about 3.4 months of supply: balanced, leaning slightly toward buyers in most areas.

If you are buying a Toronto bungalow this winter

  • Expect competition on the best homes. When a bungalow is priced close to recent sales on the same street, plan for a short window and possibly an offer date.
  • Negotiate on the rest. Homes listed more than three or four weeks are where you will find room, especially if the asking price was set in the spring.
  • Check the street’s sold history first. Two bungalows a few blocks apart can sell for very different prices in Toronto. Sold history on each listing shows you what nearby homes actually sold for.

If you are selling

Price against what sold in the last 90 days, not against what is listed. Toronto buyers are paying 97% of asking on average, and the homes that get over asking are almost always the ones priced at or just under recent sales. November and December listings face fewer competing homes, which can work in a seller’s favour.

Frequently asked questions

What is the average price of a bungalow in Toronto?

In October 2026 the median sold price of a bungalow-style home in Toronto was $950,000 and the average was $1,080,300, across 352 sales.

Are Toronto bungalow prices going down?

They are lower than a year ago (down 5.0%) and two years ago (down 12.3%), but the monthly median has held between $921,000 and $1,000,000 for 13 months, which suggests prices have stabilised.

How fast do bungalows sell in Toronto?

The median Toronto bungalow sold in 17 days in October 2026, and 28% sold for more than the asking price.

Keep exploring

Bungalows for sale in Toronto right now

Live listings from the area this article covers.

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