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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 $271,078, higher than the Ohio average of $236,816.
The average cost of rent is $794/mo in New Market, primarily driven by the current value of real estate in the New Market area. In New Market, 15.11% of households rent, and 32.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Market is $5,843 per month. Households that rent pay about 13.59% of their income on rent here. New Market’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Danville, OH: equally priced homes
- Sugar Tree Ridge, OH: less expensive homes
- Hoagland, OH: less expensive homes
- Hillsboro, OH: less expensive homes
- Taylorsville, OH: less expensive homes
- Elmville, OH: less expensive homes
- Berrysville, OH: less expensive homes
- Russell, OH: less expensive homes
- Fairfax, OH: less expensive homes
- Mowrystown, OH: less expensive homes
Cities with Similar Populations
- Brownsburg, VA: less expensive homes
- Big Cove Tannery, PA: less expensive homes
- Big Lake, WA: higher priced homes
- Blachly, OR: higher priced homes
- Blairs Mills, PA: less expensive homes
- Blenker, WI: less expensive homes
- Blue Springs, NE: less expensive homes
- Bluestone, WV: less expensive homes
- Boggs, WV: less expensive homes
- Bondville, IL: less expensive homes
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