Townhouses for Sale in Newmarket
Under $500K
Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Newmarket this band: $475K · 80 active · avg 47 days on market.
80 active · median $475K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Townhouses in Newmarket Under $500K
80 active · median $475K
Median List Price
$475K
Active Listings
80
Avg Days on Market
47 days
YoY Change
-8.4%
6-Month Median Price Trend
Dec
$485K
Jan
$473K
Feb
$470K
Mar
$480K
Apr
$470K
May
$468K
What is the average townhouse price in Newmarket in 2026?
The benchmark price for a townhouse in Newmarket in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 80 active listings, moving in an average of 47 days on market. Prices are down 8.4% year-over-year.
Is Newmarket a buyer's or seller's market right now?
Newmarket is currently a buyer's market for townhouses in this band. Listings are sitting 47 days on average and prices are 8.4% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
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What $475K gets you in Newmarket.
Townhouses in Newmarket priced under $500k are tracking against a CREA MLS® HPI benchmark of $687K for the greater toronto area. Within this band the median list comes in near $475K — down 8.4% year-over-year. Active inventory is moving in roughly 47 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$487K
$496K
$470K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these townhouses are clustered in Newmarket.
Keep exploring Newmarket.
Other price ranges
Other property types
Newmarket Townhouse FAQ
What is the median price for townhouses in Newmarket under $500k?
As of 2026-05-01, the median list price for townhouses in Newmarket priced under $500k sits at approximately $475K based on active MLS inventory.
How many townhouses are currently for sale in Newmarket in this price range?
There are roughly 80 active townhouses for sale in Newmarket priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Newmarket?
Townhouses in Newmarket priced under $500k are averaging 47 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Newmarket townhouse prices going up or down?
Year-over-year median townhouse prices in Newmarket (this band) are down 8.4%. Six-month trend data is available on this page.
What mortgage do I need to buy a townhouse at this price in Newmarket?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 80 active, median $475K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Newmarket advisor within 1 business hour.
Townhouses in Newmarket Under $500K
Median $475K · 80 active · 3.95% 5-yr fixed
Get pre-approved for a $380K mortgage.
Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.