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There are currently 48 for sale bungalow listings in Newmarket, Ontario with an average price of $976,988 CAD.

Listings:
48
Avg. Price:
$976,988

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

Bungalow Living & Market Dynamics in Newmarket

The single-storey housing market in Newmarket currently offers 48 verified bungalow listings on the MLS®. As one of the most coveted property segments across Ontario, bungalows in Newmarket are distinguished by their generous lot frontages—typically spanning 50 to 70+ feet—mature tree canopies, and exceptional privacy compared to modern high-density subdivisions.

Buyers exploring Newmarket will find diverse single-storey architectural configurations: classic mid-century detached brick bungalows, raised bungalows featuring high above-grade windows that flood lower levels with natural light, modern executive bungalofts with ground-floor primary suites, and expansive split-level designs.

Average Prices by Bedroom in Newmarket

BedroomsAvg. PriceActive Listings
2 Beds$827,9336
3 Beds$1,018,39212
4 Beds$940,24126
5+ Beds$1,067,18015

Newmarket Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Based on active MLS® real estate data, the benchmark average price for a detached bungalow in Newmarket is currently $977K. Entry-level bungalows start around $650K, presenting accessible opportunities for first-time buyers, downsizers, or renovation enthusiasts seeking solid structural footprints. At the upper tier, luxury custom bungalows and executive estates on premium mature lots command up to $1.8M.

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
Central Newmarket$941,86719
Bristol-London$870,10615
Huron Heights-Leslie Valley$990,32711
Gorham-College Manor$1,101,2297
Stonehaven-Wyndham$1,149,0003
Glenway Estates$1,215,6673
Woodland Hill$999,0001

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 listing price for a bungalow in Newmarket is currently $977K, 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.