Newmarket is a York Region town of about 88,000 people (2021 Census), known for its historic Main Street, the Southlake regional hospital and good access to Highway 404. It offers York Region living at prices below Vaughan, Markham and Richmond Hill.
Market snapshot
| Indicator | September 2026 |
|---|---|
| Newmarket home sales | 64 |
| Average selling price | about $916,000 |
| York Region average | about $1,136,700 |
Source: TRREB Market Watch, September 2026.
Who buys in Newmarket
- Families seeking detached homes and good schools at lower prices than southern York Region.
- Health care workers at Southlake Regional Health Centre.
- Commuters using GO Transit’s Barrie line or VIVA buses on Yonge Street and Davis Drive.
The rental market
Rental demand in Newmarket comes from hospital staff, young professionals and families who are not ready to buy. Supply is more limited than in Toronto, with a mix of basement apartments, townhouses and newer purpose-built rentals along the Yonge and Davis corridors. Tenants should make sure units are legal and that leases follow Ontario’s Standard Lease form.
Outlook
With prices below the York Region average and steady local employment, Newmarket should remain attractive to families and first-time buyers. Near-term conditions mirror the wider GTA: balanced, rate-sensitive and favourable to well-prepared buyers.
Things to love about Newmarket
- Historic Main Street shops and restaurants.
- Fairy Lake and the Tom Taylor Trail.
- Upper Canada Mall and the Magna Centre recreation complex.
Related: York Region Housing Market Forecast and GTA market update.
General information only, not real estate or financial advice.