Newmarket, Troy, NY
Newmarket — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Newmarket, Troy, New York. Explore the cited sources and local facts below while agent underwriting continues.
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Newmarket Neighborhood Overview
Newmarket is a historic and vibrant neighborhood in the heart of Troy, NY, known for its strong community feel and architectural charm. It sits adjacent to the Hudson River and is home to a dynamic mix of long-time residents, professionals, and students from nearby Rensselaer Polytechnic Institute.
Housing & Real Estate
The neighborhood features a blend of well-maintained historic single-family homes, multi-unit buildings, and modern apartments. With a median home value of approximately $306,000, the area offers relative affordability compared to many urban centers while providing classic Northeastern character.
Schools & Education
Families in Newmarket are served by the Troy City School District, including School 2 for elementary grades. The neighborhood's proximity to Rensselaer Polytechnic Institute (RPI) and Russell Sage College also infuses it with academic energy and resources.
Parks & Recreation
Riverfront Park provides scenic walking paths, playgrounds, and community events along the Hudson. The nearby Knickerbacker Park offers additional green space, sports facilities, and a popular pool for summer recreation.
Local Dining & Shopping
Residents enjoy easy access to downtown Troy's celebrated restaurant scene, with popular spots like The Bradley and Little Pecks just a short walk away. The Troy Waterfront Farmers' Market, one of the region's largest, is a major weekly draw for fresh produce and artisan goods.
Who Lives Here
The neighborhood is a diverse mix of young professionals, academics, families, and long-standing residents. With a median household income around $86,806, it is a stable, middle-to-upper-middle income community that values its historic roots and active civic engagement.
Newmarket Market Data
| Metric | Value |
|---|---|
| Median Home Price | $306K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $87K |
| Homeownership Rate | 69.9% |
| Renter-Occupied | 30.1% |
| Rental Vacancy Rate | 15.5% |
| Market Type | Buyer's |
| Primary ZIP Code | 03278 |
Top Real Estate Agents in Newmarket, Troy
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Newmarket, Troy, NY. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New York Department of State Division of Licensing Services — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15