Bungalow Finder logo - Mississauga, Toronto, GTA Real Estate

There are currently 376 sold bungalow listings in Newmarket, Ontario with an average price of $895,567 CAD.

Listings:
376
Avg. Price:
$895,567

...

Newmarket Bungalow Market Trends & Statistics

Verified MLS® bungalow pricing, sales velocity, and historical inventory data.

Seller's Market(201.7% SNR)
Median Sold (6M)
$850,000
-10.7% YoY
Avg. Days on Market
29 Days
6-month closed average
Sold (6M) / Active
119 / 59
Closed vs active inventory
6M / 2Y Price Change
-6.3% (6M)
2Y trend: -9.5%
Nov 26: Median $850,250 • 16 sold • 33 DOMHover or tap points to inspect monthly data
$790k$833k$875k$918k$960kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Newmarket Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$850,00011929 days59
1 Year$855,00019130 days59
3 Years$915,00039128 days59
5 Years$915,00039128 days59

Sold Bungalow Benchmarks & Market Trends in Newmarket

Reviewing recently sold bungalows in Newmarket provides direct, unvarnished insight into actual closing values and transaction liquidity. With 376 verified bungalow sales recorded on the MLS®, buyers and sellers can track real sale prices, sale-to-list price ratios, and average days on market (DOM).

Historical sales data in Newmarket demonstrates resilient long-term capital preservation across traditional single-storey detached bungalows, raised bungalows, and executive bungalofts.

Average Prices by Bedroom in Newmarket

BedroomsAvg. PriceActive Listings
2 Beds$955,31416
3 Beds$885,229133
4 Beds$887,532160
5+ Beds$916,35782

Newmarket Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Recent MLS® sales in Newmarket establish clear pricing benchmarks. Entry-level single-storey properties have traded from $450K, while renovated luxury bungalows and custom estates on expansive ravine lots have closed for up to $1.5M. The benchmark average sold price for a bungalow in Newmarket sits at $896K.

Because land value represents the overwhelming majority of a bungalow's total equity in Newmarket, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in Newmarket

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in Newmarket, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in Newmarket can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).

This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in Newmarket exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Top Neighborhoods in Newmarket

Exploring sub-areas within Newmarket can help buyers compare average prices and active inventory across communities.

NeighborhoodAvg. PriceListings
Bristol-London$768,590121
Central Newmarket$955,39770
Huron Heights-Leslie Valley$824,58866
Gorham-College Manor$909,19963
Glenway Estates$1,124,42927
Stonehaven-Wyndham$1,181,53427
Summerhill Estates$902,5008
Armitage$1,050,0004
Woodland Hill$966,0004

Accessibility, Aging-in-Place & Downsizer Demand in Newmarket

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in Newmarket deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in Newmarket represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in Newmarket.

The average sold price for a bungalow in Newmarket is currently $896K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.