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 $112,548, lower than the Iowa average of $182,666.
The average cost of rent is $728/mo in New Market, primarily driven by the current value of real estate in the New Market area. While nearly 54.44% of residents own their homes outright in New Market, 15.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Market is $5,522 per month. Households that rent pay about 13.19% of their income on rent here. New Market's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Hawleyville, IA: equally priced homes
- Siam, IA: higher priced homes
- Gravity, IA: higher priced homes
- Clarinda, IA: equally priced homes
- Shambaugh, IA: higher priced homes
- Bedford, IA: less expensive homes
- Hepburn, IA: higher priced homes
- Braddyville, IA: less expensive homes
- Hopkins, MO: less expensive homes
- Sharpsburg, IA: equally priced homes
Cities with Similar Populations
- Ariel, WA: higher priced homes
- Batesland, SD: less expensive homes
- Barrett, MN: higher priced homes
- Barco, NC: higher priced homes
- Barbours Creek, VA: equally priced homes
- Bannister, MI: equally priced homes
- Bankston, AL: less expensive homes
- Balsam Grove, NC: equally priced homes
- Baldwin, ND: higher priced homes
- Avon, AL: higher priced homes
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