A mix of older housing around historic Main Street, established subdivisions, and newer development on the town’s edges.
- First-time buyers in York Region
- Families wanting a town rather than a subdivision
- Buyers on the Barrie GO line
Newmarket is one of the few places in York Region that reads as a town rather than a subdivision, largely because of Main Street and the older housing around it. It is meaningfully cheaper than Richmond Hill, Markham or Vaughan while still being firmly inside the region.
The Barrie GO line runs through it, which is the practical answer to the commute question and a real factor in what the housing near the stations is worth.
It turns over faster than the more expensive York municipalities — supply is tighter here, and well-priced listings do not sit.
The Newmarket market — August 2026
All 24 monthly reports →4.2 months of supply — a buyer's market. Figures from the Toronto Regional Real Estate Board.
Financing a home in Newmarket
Most purchases here fall comfortably under the insured cap, which makes the sliding-scale down payment genuinely useful: 5% of the first $500,000 plus 10% of the balance means a million-dollar purchase needs $75,000 rather than $200,000. If you are buying with less than 20% down, remember the insurance premium is added to the mortgage rather than paid up front, and factor that into the payment you are budgeting for rather than being surprised by it at signing.
Ask me about NewmarketQuestions about Newmarket
What kind of homes are in Newmarket?
A mix of older housing around historic Main Street, established subdivisions, and newer development on the town’s edges.
Who does Newmarket suit?
Newmarket tends to suit first-time buyers in york region, families wanting a town rather than a subdivision, buyers on the barrie go line. A town with a real historic main street at the north end of York Region — more affordable than its southern neighbours, and quick to turn over.
Is there anything unusual about getting a mortgage in Newmarket?
Most purchases here fall comfortably under the insured cap, which makes the sliding-scale down payment genuinely useful: 5% of the first $500,000 plus 10% of the balance means a million-dollar purchase needs $75,000 rather than $200,000. If you are buying with less than 20% down, remember the insurance premium is added to the mortgage rather than paid up front, and factor that into the payment you are budgeting for rather than being surprised by it at signing.