The small and friendly town of Newmarket is located in the heart of the York Region, less than 45 minutes away from Toronto’s core. With its charming village vibes, big-city amenities, and a strong sense of community, Newmarket makes an excellent place to live for established families, couples, and professionals. Residents enjoy a safe and slower-paced suburban environment with recreational opportunities, well-performing schools, and plenty of parks and conservation areas for all things outdoors. Craving more living space? Newmarket boasts some of the more majestic homes for sale in Ontario! Read more about everything Newmarket has to offer below.
More About Newmarket, ON Real Estate
Newmarket is one of the six towns that shape the Regional Municipality of York. The region also comprises three larger settlements: Markham, Richmond Hill, and Vaughan. Cut across by the Holland River and next door to the Oak Ridges Moraine, this primarily residential community stretches for about 38 square kilometres (15 sq. mi) and has over 85,000 people.
Over the years, Newmarket has gained recognition. In 2013, MoneySense Magazine named it the 10th of 200 Best Places to Live in Canada. The town was also ranked 20 out of the 100 most romantic cities in the country according to Amazon Canada in 2017.
Newmarket Ontario Real Estate Market
The Newmarket real estate market is currently flaming hot with soaring home prices and a diminished supply of properties. The homes for sale in Newmarket cost an average of $1.6M, an increment of 40% compared to January 2021. The inventory cut down to -56% in the same period of time. The Toronto housing trends and the increasing popularity of the town as one of the best suburbs for families within the GTA also add to these market conditions.
There is a wide range of homes for sale in Newmarket in size, style, and affordability. Most of them are detached and semi-detached single-family homes, duplexes, and townhouses. Two-storey properties are highly sought-after here, as well as brick-facade bungalows and cottages. Ample, well-manicured front lawns and double space garages are common features. Condominiums are not exactly abundant, but units available in areas like College Manor. The condos for sale in Newmarket change hands for about $1M on average.
Homebuyers looking to make Newmarket their home will find a mix of older and newer dwellings. Approximately a quarter of the housing stock is made out of properties built past 2000. The construction date of the rest of the houses goes back to the ‘60s and even before that. The houses for sale in Newmarket commonly have three bedrooms, but large homes can comfortably accommodate bigger families in need of 4+ bedrooms.
Home Prices In Newmarket Ontario
- Average Home Price: $1.6M
- Average Detached House: $2M
- Average Condo Price: $1M
- Average Townhouse Price: $1.2M
Newmarket Neighbourhoods
Is Newmarket Ontario a nice place to live? Most definitely. Young families and professionals will thrive in any of the town’s ten well-established communities. Here is a brief list of some neighbourhoods worth checking out:
Armitage: Peaceful, traditional, and with a high homeownership rate, Armitage is one of Newmarket’s best family-oriented communities. The area boasts upscale real estate options, one of the best public schools in town, and several recreational areas and parks, including Bailey Ecological Park.
Summerhill Estates: Most of the dwellings in Summerhill Estates are detached and semi-detached single-family homes and rowhouses, many newly-built. Most of them are situated close to one another. The neighbourhood has stunning streetscapes, ample green spaces, and a plethora of family-friendly amenities.
Gorham-College Manor: Well located near shopping plazas, restaurants, and grocery stores, this neighbourhood has many cul-de-sacs boasting an eclectic mix of large houses on spacious lots and pockets of townhouses scattered around. Well-maintained open green spaces, parks, sports fields, and public pools are nearby recreational amenities.
Bristol-London: This is one of the best places to buy affordable homes for sale in Newmarket. Bristol-London is a family-centred community filled with comfy detached houses for entry-level buyers. Locals enjoy convenient amenities and plenty of spaces for leisure, including open green spaces with hiking and biking trails, picnic spots, children’s playgrounds, and sports fields.
Stonehaven-Wyndham: Livable and affluent, this neighbourhood is a private enclave that offers homebuyers comfortable ranch-style bungalows and majestic two-storey properties on generous lots. Many dwellings are Georgian, Victorian or Tudor-style, with driveways and triple-car garages along quaint winding streets. Residents live nearby parks, entertainment venues, shopping malls, and excellent schools.
Newmarket Schools
Schools in Newmarket are plentiful, well-ranked, and accessible. There are about 58 educational institutions to choose from, which are spread across 10 distinct communities. As for public alternatives, small children have 21 elementary schools at their disposal, while the local high school student body has five public secondary schooling options. These include both secular and faith-based schools. The York Region District School Board and the York Catholic District School Board are the local authorities in education matters in Newmarket. The town also offers private education for students of all levels. Seneca College King Campus is the closest post-secondary alternative for local high school graduates.
Elementary Schools in Newmarket
- Rogers Public School – JK – Grade 8 – Fraser Institute Score: 8.2
- Canadian Martyrs Catholic Elementary School – JK – Grade 8 – Fraser Institute Score: 7.5
- Armitage Village Public School – JK – Grade 8 – Fraser Institute Score: 7.3
- Clearmeadow Public School – JK – Grade 8 (French Immersion) – Fraser Institute Score: 7.2
- St. Nicholas Catholic Elementary School – JK – Grade 8 – Fraser Institute Score: 7.1
Top Performing High Schools in New Market
- Sacred Heart Catholic High School
- Newmarket High School
- Sir William Mulock Secondary School
Frequently Asked Questions About Newmarket Real Estate
What is the postal code for Newmarket?
- L3Y Newmarket Northeast
- L3X Newmarket Southwest
Is Newmarket part of the GTA?
Yes. Newmarket, ON, is located in the York Region, part of the Greater Toronto Area (GTA).
Is Newmarket Ontario Safe?
Newmarket consistently maintains low crime rates, which positions the town as one of Ontario’s safest places to live.
Where is the nearest commercial airport in Newmarket?
The nearest major airport is Billy Bishop Toronto City Airport (YTZ / CYTZ), located 60 kilometres from Newmarket’s centre.
Living In Newmarket Ontario
Newmarket’s undeniable old-town charm and desirable modern amenities have attracted homebuyers to York for decades. Quiet and walkable, with its picturesque neighbourhoods, historic districts, and natural beauty, this is an idyllic spot to raise a family or embrace simple living close to Toronto. Read additional information below:
Dwellers can have a pleasant, nature-filled existence in Newmarket. The town has 50 public green spaces, a network of hiking trails and cycle routes (some lake or riverside!), and several parks and conservation areas for outdoor exploration.
Overall, this town is fairly safe and quiet. Most homes for sale in Newmarket are in residential zones where noise is rarely an issue. Some sections near Highway 404 or the railway line can be loud, though.
Newmarket’s history started in 1800 and those two centuries have moulded the town’s streetscape giving it a unique rural character. The numerous buildings designated as Heritage Sites are mute witnesses of its dynamic past.
Newmarket has a typical humid continental climate characterised by snowy winters and warm and especially humid summers. Rains are pretty consistent throughout all seasons due to the influence of the Gulf of Mexico and the Great Lakes.
Residents trust the local Southlake Regional Health Centre with their healthcare needs.
Shoppers will find everything when heading over to Upper Canada Mall. Newmarket residents have over 250 restaurants, coffee shops, stores, and other amenities. There’s also a weekend farmer’s market.
Newmarket Jobs
Newmarket is thriving with its motivated and highly-qualified workforce, consistently low unemployment rates, and a competitive economy not only in the York Region but across Ontario. The town’s consistent economic growth, which has escalated up to 30.1% in a decade, mainly depends on five target sectors: manufacturing, healthcare, retail, and technical & educational services. New residents looking for a job in Newmarket can either join the growing 40% of residents that work within the town or be part of the labour force that commutes every day to put bread on the table. Southlake Regional Health Centre, the Regional Municipality of York, Celestica Inc., RNS Health Care Services, and TS Tech Canada Inc. are the top employers in the area.
Newmarket Transportation
Most Newmarket communities are primarily residential making the town challenging to navigate for pedestrian dwellers running everyday errands. Driving is more convenient due to proximity to several major roads and highways (Hwy 404, Hwy 400) and the abundance of parking spaces. As far as public transit goes, Newmarket is connected with the York Region and Downtown Toronto via GO Transit. Train commuters can use Newmarket GO Station on the Barrie Line, and bus travellers have over 30 different bus lines to come and go both locally and regionally. The Billy Bishop Toronto City Airport, located around 45 minutes to the south, is the closest air transportation alternative.
Distance to Major Cities
- 26 Kilometres to Markham, ON
- 39 Kilometres to Toronto, ON
- 52 Kilometres to Oshawa, ON
- 55 Kilometres to Mississauga, ON
- 94 Kilometres to Hamilton, ON
Newmarket Parks & Conservation Areas
Newmarket has many parks and conservation areas that provide visitors with opportunities for recreation such as hiking, cycling, fishing and boating. Here is a brief list of some of the best spots to enjoy the outdoors.
Mabel Davis Conservation Area
Mabel Davis Conservation Area comprises seven hectares of parkland, trails, and waterways. Cyclists and hikers of all skill levels enjoy the quiet and natural beauty of this area’s 1,400 metres of scenic paths. Dog walkers are also welcome! Here it is easy to encounter bodies of water and wildlife while you walk.
Newmarket’s Riverwalk Commons
Newmarket’s Riverwalk Commons is more an outdoor recreational area than a park, still is one of the favourite local spots for family fun. Located outside the Newmarket Community Centre & Lions Hall, this gathering place is close to several restaurants, pubs, and small shops. It features an open-air stage for concerts and theatre/movie nights and a weekend farmer’s market. Kids will love the seasonal splash pad and skate rink.
Bailey Ecological Park
This oasis is a valued sanctuary for several species near Newmarket. It consists of several ponds, ample forested areas, and wetlands traversed by The Nokiidaa Trail and Tom Taylor Trail. Pet-friendly, clean, and peaceful, the park is frequented by bikers, hikers, birdwatchers, and nature lovers looking to escape the city for a breath of fresh air and more than a few pleasing vistas.
Fairy Lake Park
Officially named Wesley Brooks Memorial Conservation Area, this 13-hectare park is one of the more popular ones in Newmarket. It offers residents and tourists picnic areas, scenic walking trails surrounding the lake and over bridges, children’s playgrounds, and seasonal events and activities for the whole family. Since the park is in the historic downtown, parkgoers have various restaurants, entertainment venues, and shops walking distance.
Thornton Bales Conservation Area
The Thornton Bales Conservation Area is known for its steep slopes, wild beauty, and efforts to balance recreation and preservation. Part of the Oak Ridges Moraine, the area is also called “The 99 Steps” for the exact number of steps needed to access the top of the ridge where hikers can enjoy breathtaking panoramic views of the forests. Explorers can access the Red Oak Trail, the Greenbelt Route, and the Koffler-Bales side trail from this area.
Sheppard’s Bush
With 65 acres, over three kilometres of trails, 11 soccer fields, and two picnic pavilions, Sheppard’s Bush Conservation Area is an excellent spot for outdoor enthusiasts. It’s part of a network of public lands and trails along the East Holland River. Aside from the sports fields, paths, and some historic buildings worth exploring, the area is highly forested with pine plantations and a ravine by the river.
Rogers Reservoir Conservation Area
Perfect for birding, hiking, cycling, and fishing, the Rogers Reservoir Conservation Area is north of Newmarket. Easily accessible, the area has plenty of parking spaces and a long, curving boardwalk surrounded by greenery for a quiet afternoon stroll or an adventure with the kids. The riverside trails and pathways are for hikers used to all difficulty levels.
Frank Stronach Park
Beautifully designed and well maintained, this colourful park is excellent for making lasting memories with your kids. The splash pad is the park’s highlight, but there is also a playground with a variety of play structures, an ample sitting area with picnic tables to have lunch or a snack, a garden, and a soccer field.
