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 $468,459, higher than the Maryland average of $357,815.
The average cost of rent is $1,889/mo in New Market, primarily driven by the current value of real estate in the New Market area. While nearly 24.01% of residents own their homes outright in New Market, 2.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Market is $12,537 per month. Households that rent pay about 15.07% of their income on rent here. New Market's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Linganore, MD: equally priced homes
- Monrovia, MD: equally priced homes
- Ijamsville, MD: higher priced homes
- Urbana, MD: equally priced homes
- Mount Airy, MD: equally priced homes
- Walkersville, MD: less expensive homes
- Oldfield, MD: less expensive homes
- Frederick, MD: less expensive homes
- Ballenger Creek, MD: less expensive homes
- Damascus, MD: less expensive homes
Cities with Similar Populations
- Brookland, AR: less expensive homes
- Butler, KY: less expensive homes
- Bush, LA: less expensive homes
- Burns, TN: less expensive homes
- West Newton, PA: less expensive homes
- Buffalo, MO: less expensive homes
- Buena Vista, CO: less expensive homes
- Bruceton Mills, WV: less expensive homes
- Westmere, NY: less expensive homes
- Calistoga, CA: higher priced homes
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