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 $208,401, lower than the Virginia average of $323,261.
The average cost of rent is $760/mo in New Market, primarily driven by the current value of real estate in the New Market area. While nearly 38.27% of residents own their homes outright in New Market, 38.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Market is $4,152 per month. Households that rent pay about 18.31% of their income on rent here. New Market's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Shenandoah Caverns, VA: higher priced homes
- Quicksburg, VA: higher priced homes
- Battle Creek, VA: less expensive homes
- Timberville, VA: less expensive homes
- Tenth Legion, VA: less expensive homes
- South Jackson, VA: equally priced homes
- Broadway, VA: equally priced homes
- Hamburg, VA: less expensive homes
- Mount Jackson, VA: less expensive homes
- Hawkinstown, VA: equally priced homes
Cities with Similar Populations
- Clintwood, VA: less expensive homes
- Batesburg-Leesville, SC: less expensive homes
- Havana, IL: less expensive homes
- Hawaiian Beaches, HI: equally priced homes
- Owingsville, KY: less expensive homes
- Baxter Springs, KS: less expensive homes
- Rye, NH: higher priced homes
- Bayou Vista, LA: less expensive homes
- Apple Valley, OH: less expensive homes
- Blackstone, VA: less expensive homes
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