Photo: Mhsheikholeslami · CC BY-SA 4.0Home values in Newmarket run 37% higher than the median of Ontario’s towns
At the 2021 census the median home was worth $950,000, where Ontario’s towns sit at $695,000. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. What homes sold for in Newmarket isn’t public: no sale figures are released in Ontario.
Newmarket’s homes, by two sources
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.
median, owners’ estimate
- Average
- $1M
- Owners
- 22,955
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Newmarket is assessed at 2.6 times the middle of Ontario’s towns
Detached houses account for 70% of the 27,190 properties on Newmarket’s 2024 roll; condos for 3%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
12% of Newmarket’s households are in core housing need, against 9% for Ontario’s towns
The 2021 census counted 30,300 occupied homes in Newmarket; 60% of them are single-detached houses. The older half dates from before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Newmarket | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 8% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 12% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Newmarket is dearer than most of Ontario’s towns: 37% above their $695,000 median
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Newmarket: Bradford
Next to Newmarket: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Newmarket | $950K | $1M | 76% | |
| Aurora | $1M | $1.22M | 81% | 5.4 |
| East Gwillimbury | $1M | $1.12M | 84% | 7.3 |
| Bradford | $900K | $950K | 84% | 11.2 |
| King | $1.6M | $1.83M | 88% | 14.7 |
| Stouffville | $1M | $1.19M | 88% | 17.9 |
| Cathedraltown | $1.25M | $1.31M | 86% | 18.3 |
Census 2021 values; km.
Questions about property prices in Newmarket
Is Newmarket expensive for Ontario?
On census values, Newmarket ranks among the dearer of Ontario’s towns (median $695,000).
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).