There are currently 264 sold bungalow listings in Newmarket, Ontario with an average price of $895,567 CAD.
- Listings:
- 264
- Avg. Price:
- $895,567
Bungalows for Sale in Newmarket, 264 Listings












Newmarket Bungalow Market Trends & Statistics
Verified MLS® bungalow pricing, sales velocity, and historical inventory data.
Newmarket Historical Bungalow Market Breakdown
| Timeframe | Median Sold Price | Bungalows Sold | Avg. Days on Market | Active Inventory |
|---|---|---|---|---|
| 6 Months | $850,000 | 119 | 29 days | 59 |
| 1 Year | $855,000 | 191 | 30 days | 59 |
| 3 Years | $915,000 | 391 | 28 days | 59 |
| 5 Years | $915,000 | 391 | 28 days | 59 |
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 264 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
| Bedrooms | Avg. Price | Active Listings |
|---|---|---|
| 2 Beds | $955,314 | 16 |
| 3 Beds | $885,229 | 133 |
| 4 Beds | $887,532 | 160 |
| 5+ Beds | $916,357 | 82 |
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.
| Neighborhood | Avg. Price | Listings |
|---|---|---|
| Bristol-London | $768,590 | 121 |
| Central Newmarket | $955,397 | 70 |
| Huron Heights-Leslie Valley | $824,588 | 66 |
| Gorham-College Manor | $909,199 | 63 |
| Glenway Estates | $1,124,429 | 27 |
| Stonehaven-Wyndham | $1,181,534 | 27 |
| Summerhill Estates | $902,500 | 8 |
| Armitage | $1,050,000 | 4 |
| Woodland Hill | $966,000 | 4 |
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.
