Newmarket, a York Region town north of Aurora and Richmond Hill, is known for its historic Main Street, the Upper Canada Mall, and a mix of established and newer family neighbourhoods. Newmarket has roughly 686 active MLS® listings on Condohill as of September 2026.
How Much Does a Home Cost in Newmarket Right Now?
| Property type | Typical low end | Median price | Typical high end |
|---|---|---|---|
| Condo apartment | $462,600 | $610,000 | $783,926 |
| Detached house | $849,900 | $1,188,500 | $1,958,900 |
Newmarket's detached median (around $1.19M) sits below Richmond Hill, Vaughan, and Markham, making it one of the more accessible York Region options for buyers who still want the region's general reputation for schools and established communities.
Newmarket's Character
Newmarket's historic Main Street, lined with independent shops and restaurants, gives the town a distinct identity within York Region, separate from the newer master-planned feel of parts of Vaughan or Markham. The Upper Canada Mall serves as the area's major retail anchor.
Getting Around: GO Transit
Newmarket is served by GO Transit's Barrie line, with Newmarket GO station offering direct rail service toward Union Station, alongside Highway 404 access for drivers.
Closing Costs to Budget for in Newmarket
| Cost | Typical amount |
|---|---|
| Ontario Land Transfer Tax | Varies by price — see calculation guide |
| Legal fees and disbursements | Typically $1,500–$2,500 |
| Home inspection | Typically $400–$700 for a detached home |
Newmarket is in York Region, so buyers pay only the provincial Land Transfer Tax.
Financing a Newmarket Purchase
With Newmarket's detached median around $1.19M, most detached purchases require close to a 20% down payment. Its condo median around $610,000 offers more flexibility. See how mortgage pre-approval works.
FAQ
Is Newmarket cheaper than Vaughan or Markham?
Yes — Newmarket's detached median (around $1.19M) sits below both Vaughan (around $1.74M) and Markham (around $1.6M).
Does Newmarket have GO Transit?
Yes, via the Barrie line, with Newmarket GO station offering direct rail service toward Union Station.
Is there a municipal land transfer tax in Newmarket?
No — buyers pay only the provincial Ontario Land Transfer Tax.
What is Newmarket known for?
Newmarket's historic Main Street and the Upper Canada Mall are its most recognized local landmarks, giving the town a distinct identity within York Region.
Is Newmarket a good alternative for buyers priced out of Richmond Hill?
Yes — Newmarket offers generally more accessible detached-home pricing while remaining within York Region and on the GO Transit network.
Browse current Newmarket homes for sale on Condohill.
Sources
Price ranges reflect Condohill's synced MLS® listing data for Newmarket as of September 2026. See the TRREB market statistics page for official regional data.