Condos for Sale in Central Newmarket, Newmarket, ON

Name: HOMEH Market Pulse — Central Newmarket, Newmarket closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Newmarket

Central Newmarket

family-friendly community-focused suburban

Central Newmarket is a vibrant neighbourhood in Newmarket, Ontario. It offers a mix of residential options and local amenities, making it appealing for families and individuals alike.

Diverse housing options available Many local parks and playgrounds Good schools with above-average ratings Variety of restaurants and cafes Close-knit community feel

Day to dayLivability

6.1

Schools near listings

out of 10 · averaged over 1,365 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$849,450

15% below Newmarket 20% above Ontario

In Central Newmarket

$849,450

In Newmarket

$998,000

In Ontario

$709,900

Median monthly rent

$2,299/mo

5% above Newmarket 8% below Ontario

In Central Newmarket

$2,299

In Newmarket

$2,200

In Ontario

$2,500

≈ 30.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $849,450

Houses 39 · Condos 21

For rent

Median $2,299

Houses 19 · Condos 10

Recently sold

Recently leased

Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Strong community with many families
Median rent is below city average
Access to multiple parks for recreation
Good school ratings for local elementary schools

Keep in mind

Housing prices are above provincial median
Higher renter strain compared to owners

The feel of the placeLifestyle

Daily life in Central Newmarket is relaxed and family-oriented. Residents enjoy easy access to parks, schools, and local shops.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

4.3 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 4.3 km² of Central Newmarket. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.9/10

Average rating of the 3 rated schools in this area

Elementary

St Paul Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
7.5/10
571st of 3,045 Ontario elementary schools
150 students · EQAO 2024-2025
Rogers Public School
Public · Grades JK–8 · York Region DSB
7.0/106.9 over 5 yrs
888th of 3,045 Ontario elementary schools
420 students · EQAO 2024-2025
Stuart Scott Public School
Public · Grades JK–8 · York Region DSB
6.3/105.9 over 5 yrs
1,366th of 3,045 Ontario elementary schools
200 students · EQAO 2024-2025
J L R Bell Public School
Public · Grades JK–5 · York Region DSB
Not rated
135 students · EQAO 2024-2025
York Academy 4323
Public · Grades JK–12 · York Region DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Central Newmarket, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

10,797

Population (2021)

4.1 km²

Area

2,610

People per km²

47.5

Median age

$85,560

Median income

62%

Own their home

2.3

People per household

4,765

Households

Every age

Children (under 15)12.4%
Working age (15–64)63.5%
Seniors (65+)24.1%

What is built here

Detached houses48.4%
Semi-detached1.4%
Townhouses3.5%
Duplexes9.4%
Low-rise apartments13.3%
High-rise apartments24.3%

Own or rent

62%Owners

38%Renters

Across 4,765 households

When it was built

Mostly 1961–1980

1960 or earlier32%
1961–198040%
1981–19909%
1991–20008%
2001–20051%
2006–20100%
2011–20151%
2016–20216%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

24.1%
Born outside Canada: 26.6%
Hold a degree or higher: 55.4%
Employment rate: 5.3%
Commute by transit: 86.8%
Commute by car: 1.6
Children per family: $75,023
Median income after tax: $105,012
Average household income: 11.3%
Living on a low income: $1,392/mo
Renters pay, per month: $1,547/mo
Owners pay, per month: $782,356
Median home value at census: 32.7%
Renters spending 30%+ of income on housing: 18.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 20 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Thin sales history — read the monthly counts

What condos in Central Newmarket actually sell for

At least 16 condos changed hands in Central Newmarket over the 12 months to September 2026. Half sold above $510,625 and half below, 6.4% lower than the 12 months before. A typical condo found its buyer in 51 days — 6 days slower than a year ago.

3 of the last 12 months had at least 5 closed condos sales in Central Newmarket. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median sold price: $511K; -6.4% year over year
Days to sell: 51; 6 days slower
Sales closed: 16; last 12 months
Per square foot: $553; from 16 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one condo here differs from the next.

$730K$639K$548K$456K

Mar ’24Dec ’24Aug ’25Apr ’26

Median sold price Middle half of sales

What buyers actually paid

$973,100

on a $1,000,000 asking price — under ask by $26,900

−10%Asking price+10%

Of the asking price: 97.3%
Sold over asking: 12.5%

From 16 sales that closed here in the last 12 months.

Rent or buy in Central Newmarket

18.5 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$510,625

16 sales

Median rent

$2,303/mo

46 leases

Gross rental yield

5.41%

before costs

Both figures come from deals that actually closed in Central Newmarket over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Mar 2024Apr 2026

Terracotta marks the last 12 months.

Every month behind these charts — Central Newmarket, sales

Monthly closed sales in Central Newmarket
Month	Closed	Median	Middle half	Days	% of ask
Apr 2026	6	$500,000	$486K – $577K	45	96.9%
Mar 2026	5	$494,000	$485K – $700K	77	97.0%
Dec 2025	5	$540,000	$525K – $550K	31	98.1%
Sep 2025	7	$515,000	$497K – $622K	56	96.3%
Aug 2025	6	$538,500	$519K – $712K	53	97.6%
Jul 2025	7	$530,000	$518K – $550K	19	98.2%
Jun 2025	8	$524,500	$501K – $634K	29	97.5%
Apr 2025	6	$579,250	$531K – $640K	38	97.1%
Dec 2024	6	$495,000	$475K – $508K	39	95.7%
Nov 2024	7	$585,000	$554K – $670K	64	97.2%
Oct 2024	5	$620,000	$515K – $625K	67	98.0%
Jul 2024	6	$577,500	$548K – $608K	30	96.0%
Mar 2024	5	$545,000	$545K – $555K	13	96.5%

What people ask about Central Newmarket

How much does a condo cost in Central Newmarket?

Condos in Central Newmarket sold for a median of $510,625 over the 12 months to September 2026, across at least 16 closed sales — half sold for more and half for less. That is 6.4% lower than the 12 months before it.

How long does it take to sell a condo in Central Newmarket?

A condo in Central Newmarket took a median of 51 days on the market over the 12 months to September 2026. Condos there closed at 97.3% of the asking price on average, with 12.5% selling over asking.

How much is rent for a condo in Central Newmarket?

The median condo lease in Central Newmarket closed at $2,303 a month over the 12 months to September 2026, across at least 46 leases.

Is it cheaper to rent or buy a condo in Central Newmarket?

A condo in Central Newmarket costs about 18.5 years of the rent on one — the median price of $510,625 against a median rent of $2,303 a month, a gross yield of 5.41%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Central Newmarket on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.