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Affordable
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These days, finding an affordable place to live in the New Markham area can be challenging. Home prices in New Markham are now at a median cost of $103,500, lower than the Tennessee average of $315,131.
The average cost of rent is $498/mo in New Markham, primarily driven by the current value of real estate in the New Markham area. In New Markham, 24.30% of households rent, and 76.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Markham is $2,684 per month. Households that rent pay about 18.56% of their income on rent here. New Markham’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
- Cronanville, TN: higher priced homes
- Proctor City, TN: equally priced homes
- Phillippy, TN: equally priced homes
- Samburg, TN: equally priced homes
- Lake Drive, TN: higher priced homes
- Tiptonville, TN: higher priced homes
- Roneys Store, TN: higher priced homes
- Owl City, TN: higher priced homes
- Hornbeak, TN: equally priced homes
- Wynnburg, TN: higher priced homes
Cities with Similar Populations
- Gibbs City, MI: higher priced homes
- Tiny, VA: equally priced homes
- Tidwell, TX: higher priced homes
- Tidwell Prairie, TX: higher priced homes
- Golden Star Plantation, LA: higher priced homes
- Goforth, KY: higher priced homes
- Glory, MN: higher priced homes
- Glentana, MT: equally priced homes
- Glensboro, KY: higher priced homes
- Glen Forney, PA: higher priced homes
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