New Tecumseth Real Estate

Refine your New Tecumseth real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in New Tecumseth.

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  3. New Tecumseth

Home Prices in New Tecumseth

The asking price of homes for sale in New Tecumseth has increased 8.82% since May last year, while the number of homes for sale has decreased -55.9%. See more New Tecumseth Home Prices & Values.

House
Median Asking Price
$775K
113 Houses
Townhouse
Median Asking Price
$622K
30 Townhouses
Condo
Median Asking Price
$539K
19 Condos

Find Real Estate & MLS® Listings in New Tecumseth

Zolo has the most thorough, up-to-date set of New Tecumseth real estate listings. Currently, New Tecumseth has 182 homes for sale, including 111 houses, 17 condos, and 30 townhouses listed for sale. The average sold price for all home types in New Tecumseth is $821K, which is 35% higher than June 2019. 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 hottest New Tecumseth neighbourhoods, the highest-rated schools in the city, and evaluate nearby amenities. 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 properties for sale, Zolo has a comprehensive set of 11 New Tecumseth rental listings, including 7 houses and 3 apartments for rent. Most of the population in the city own their homes, while 15% live in rentals with an average lease price of $863.

MLS® Listing data for New Tecumseth is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our New Tecumseth real estate agents 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$660K
  • Median Selling Price$637K
  • Listing-to-Selling Ratio96.53%
  • Price Change (Month)+8.43%
  • Price Change (Year)+6.17%
  • Average Days on Market45
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 45 days, on average and sells for 96.53% of the median list price. Detached houses for sale in New Tecumseth make up 70% of listings and sell for a median price of $774,900. New Tecumseth condos are 12% of the real estate currently for sale and sell for a median price of $539,000. The remaining 19% are townhouses, which sell for a median price of $622,400.

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 $637,000. 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 113 houses for sale, 30 townhomes for sale and 19 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
1Beeton 40% 30% $568K 19
2Tottenham 42% 15% $662K 43
3Alliston 35% 14% $610K 85
4Rural New Tecumseth 6% 6% $1.3M 38

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 Mono, , 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
1Ajax 48%55%$710K130
2Toronto 43%51%$925K4407
3Brampton 42%52%$783K866
4Markham 40%50%$1.1M539
5Mississauga 41%47%$829K1045

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

FAQs About New Tecumseth Real Estate

According to current New Tecumseth MLS© statistics, the average home listing price in New Tecumseth, ON is $1,046,000. Based on New Tecumseth housing inventory, the average home is listed on the market for 57 days and has a 95.5% selling to listing price ratio.

Based on current New Tecumseth MLS© data, the average detached house in New Tecumseth, ON has a listing price of $972,000. In New Tecumseth, detached houses are on the market for 44 days on average.

According to current New Tecumseth MLS© data, the average condo in New Tecumseth, ON has a listing price of $516,000. In New Tecumseth, the average price for a 2-bedroom condo is $543,000 and the average price for a 1-bedroom condo is $478,000.

In New Tecumseth, ON, the most expensive neighbourhoods to buy a home include Rural New Tecumseth, Tottenham, Beeton and Alliston. Rural New Tecumseth is the most expensive neighbourhood in New Tecumseth with an average home price of $2,073,000.

The cheapest neighbourhoods to buy a home in New Tecumseth include Alliston, Beeton, Tottenham and Rural New Tecumseth. Alliston is the most affordable neighbourhood in New Tecumseth with an average home price of $759,000.

The closest cities to New Tecumseth, ON include Adjala-tosorontio, Mulmur, Angus and Essa. Out of the nearby New Tecumseth cities, Adjala-tosorontio has the highest average home price of $1,596,000 and Angus has the most affordable average home price of $554,000.

The average townhouse in New Tecumseth has an average listing price of $615,000, which represents a -9.5% change in price from last year. There are currently 30 townhouses for sale in New Tecumseth, ON.

According to Statistics Canada Census data, the median total household income in New Tecumseth is $77,961 per year, which is above the national median income of $67,000 per year.

In New Tecumseth, ON, fewer people rent their homes than own at 15.1% rent versus 84.9% own. The median monthly rent price is $2,200 per month versus the median monthly mortgage of $3,700 per month.

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.