Expensive
Affordable
Affordable
Colorblind friendly
off
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 $440,033, higher than the Minnesota average of $345,793.
The average cost of rent is $2,200/mo in New Market, primarily driven by the current value of real estate in the New Market area. In New Market, 7.07% of households rent, and 25.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Market is $11,328 per month. Households that rent pay about 19.42% of their income on rent here. New Market’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elko New Market, MN: equally priced homes
- Elko, MN: higher priced homes
- Webster, MN: higher priced homes
- Veseli, MN: equally priced homes
- Little Chicago, MN: equally priced homes
- Lonsdale, MN: less expensive homes
- Lydia, MN: higher priced homes
- Millersburg, MN: higher priced homes
- Lakeville, MN: higher priced homes
- Castle Rock, MN: equally priced homes
Cities with Similar Populations
- View, TX: less expensive homes
- Crown Point Center, NY: less expensive homes
- Dallas, SD: less expensive homes
- Davenport, ND: less expensive homes
- Davilla, TX: less expensive homes
- Dawson, ND: less expensive homes
- Usibelli, AK: less expensive homes
- Valerie, CA: higher priced homes
- Valley Head, WV: less expensive homes
- Valverda, LA: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood