New Tecumseth Real Estate

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Home Prices in New Tecumseth

The asking price of homes for sale in New Tecumseth has increased 4.04% since October last year, while the number of homes for sale has decreased -17.86%. See more New Tecumseth Home Prices & Values.

House
Median Asking Price
$670K
192 Houses
Townhouse
Median Asking Price
$570K
43 Townhouses
Condo
Median Asking Price
$450K
22 Condos

New Tecumseth MLS® Listings & Real Estate

Zolo has the most comprehensive, up-to-date set of New Tecumseth real estate listings. Search for homes listed on the New Tecumseth MLS® system, including nearby cities, property types, and neighbourhoods. Right now, New Tecumseth has 289 homes for sale, including 192 houses, 22 condos, and 43 townhouses listed for sale. The average sold price for all home types in New Tecumseth is $587K, which is 5% higher than October 2017. See our New Tecumseth housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

New Tecumseth is home to 4 unique neighbourhoods. With Zolo you'll be able to find the fastest selling New Tecumseth neighbourhoods, the best schools in the city, and evaluate nearby amenities. See the upcoming open houses in New Tecumseth to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

If you’re looking for rentals instead of listings for sale, Zolo has a comprehensive set of 20 New Tecumseth rental listings, including 13 houses and 1 apartments for rent. Most locals in the city own their homes, while 15% live in rentals with an average lease price of $863.

Our New Tecumseth MLS® Listing data is added every 15 minutes to provide you the most-up-to-date home listings. Contact one of our New Tecumseth REALTORS® to get started on landing your dream home today.

New Tecumseth City Guide

30K
Population
9.1%
Population Growth
7%
Unemployment

Located in Ontario, the city of New Tecumseth has a population of 30,234. The 9.1% population growth for this city is average when compared to other Canadian cities.

There are 11.35% of immigrants in in New Tecumseth, 0.49% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 1% of residents reporting it as their mother tongue. The largest cultural community within New Tecumseth is English at 38%, followed by Canadian at 33% and Irish at 29%.

New Tecumseth offers good employment opportunities with an unemployment rate that sits near 7%, which is below average when compared to other cities. Approximately 48% of residents hold a university degree. Residents can expect an exceptional quality of life in New Tecumseth based upon an above average median family income of $77,961.

According to Statistics Canada 93% of New Tecumseth residents drive. About 9% of residents that are already established within the city will move within a year, while 35% will move within five years.

New Tecumseth's population is higher than average when it comes to homeownership, with 85% owning a home and 15% renting. The median monthly mortgage cost is estimated to be about $1,334, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, New Tecumseth is a good place to to buy a home.

Market Trends

  • Median List Price$580K
  • Median Selling Price$577K
  • Listing-to-Selling Ratio99.5%
  • Price Change (Month)+12.64%
  • Price Change (Year)+7.65%
  • Average Days on Market32
Note: Data based on last 28 days

A quick survey of MLS® listings show plenty of homes for sale in New Tecumseth. That doesn't mean property shopping in this market is easy. In Canada's real estate marketplace there are fervid spots of activity -- areas where bidding wars and sold-over-asking is the norm. To be productive in your property search talk to a local Realtor®. As a specialist, a local New Tecumseth real estate agent can guide you to neighbourhoods that suit your needs and housing that suits your budget.

New Tecumseth properties stay on the market for 32 days, on average and sells for 99.5% of the median list price. Detached houses for sale in New Tecumseth make up 75% of listings and sell for a median price of $669,900. New Tecumseth condos are 9% of the real estate currently for sale and sell for a median price of $449,700. The remaining 17% are townhouses, which sell for a median price of $569,900.

To face New Tecumseth's real estate landscape you need to revise your expectations. Talk to a real estate broker or mortgage broker to determine what you can realistically afford.

At this point in time, New Tecumseth's median sale price is $577,000. This number is determined by finding the mid-point price of all properties sold within a specified period of time. If, for example, 30 condos sold last month and only 11 detached homes sold in the same time frame, then the median price would skew downwards to reflect the larger number of lower priced condos. At present, New Tecumseth has 192 houses for sale, 43 townhomes for sale and 22 condos for sale.

Neighbourhoods

New Tecumseth is known as the city for outstanding neighbourhoods. To help you to search for the most appropriate area to settle consider each of New Tecumseth's 4 neighbourhoods. Better still, spend the weekend checking out open houses in New Tecumseth. Ask the Realtor on duty about the street. Their local knowledge will help in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
 Sold under 10d Sold above asking Average sale price Active listings
1Alliston 11% 3% $537K 151
2Beeton 12% 0% $560K 21
3Tottenham 6% 2% $583K 61
4Rural New Tecumseth 5% 5% $832K 57

Nearby Cities

A considerable amount of expectant homeowners pick properties for sale in areas that are further from New Tecumseth's downtown core. Suburban neighbourhoods usually offer larger homes on larger lots. For even more options, consider commuting into New Tecumseth's core from a nearby city, such as New Lowell, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they give excellent housing options, often at more economical prices.

City
(Top 5)
 Sold under 10d Sold above asking Average sale price Active listings
1Toronto 38%30%$900K6316
2Pickering 27%17%$631K281
3Halton Hills 27%15%$757K225
4Mississauga 26%15%$721K1661
5Ajax 25%16%$611K279

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of New Tecumseth’s demographics, including median age, schools and income, using census information from Statistics Canada.

15%
Rent
85%
Own
$863
Monthly Rent (Median)
$1,334
Monthly Mortgage (Median)
8,590
Total Families
$77,961
Family Income (Median)
42
Age (Median)
48%
College Educated

Commuters

According to Statistics Canada, residents in New Tecumseth use a variety of ways to get around.

93%
Drive
1%
Transit
1%
Bike
5%
Walk
new-tecumseth
The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Zolo.