Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Market area can be challenging. Home prices in New Market are now at a median cost of $175,315, lower than the Alabama average of $185,232.
The average cost of rent is $923/mo in New Market, primarily driven by the current value of real estate in the New Market area. While nearly 27.81% of residents own their homes outright in New Market, 12.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Market is $7,202 per month. Households that rent pay about 12.81% of their income on rent here. New Market's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Moores Mill, AL: equally priced homes
- Sulphur Springs, AL: equally priced homes
- Meridianville, AL: higher priced homes
- Skinem, AL: less expensive homes
- Plevna, AL: less expensive homes
- Hollytree, AL: higher priced homes
- Hazel Green, AL: less expensive homes
- Princeton, AL: less expensive homes
- Maysville, AL: higher priced homes
- Swaim, AL: equally priced homes
Cities with Similar Populations
- View Park-Windsor Hills, CA: higher priced homes
- East Bethel, MN: higher priced homes
- East Hampton, CT: higher priced homes
- East Hanover, NJ: higher priced homes
- Endwell, NY: less expensive homes
- Trenton, FL: less expensive homes
- Troutman, NC: higher priced homes
- Tuckahoe, NY: higher priced homes
- Urbana, MD: higher priced homes
- Valley Falls, RI: higher priced homes
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