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These days, finding an affordable place to live in the Newmarket area can be challenging. Home prices in Newmarket are now at a median cost of $463,657, higher than the New Hampshire average of $417,591.
The average cost of rent is $1,636/mo in Newmarket, primarily driven by the current value of real estate in the Newmarket area. In Newmarket, 47.09% of households rent, and 30.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Newmarket is $8,877 per month. Households that rent pay about 18.43% of their income on rent here. Newmarket’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newfields, NH: higher priced homes
- Durham, NH: higher priced homes
- Jady Hill, NH: higher priced homes
- Stratham, NH: higher priced homes
- Lee, NH: equally priced homes
- Newington, NH: higher priced homes
- Greenland, NH: higher priced homes
- Brentwood, NH: equally priced homes
- Madbury, NH: equally priced homes
- Exeter, NH: equally priced homes
Cities with Similar Populations
- Templeton, CA: higher priced homes
- Thompsonville, CT: less expensive homes
- Thermal, CA: less expensive homes
- The Village, OK: less expensive homes
- The Hills, TX: higher priced homes
- Terryville, CT: less expensive homes
- Terry, MS: less expensive homes
- Terrace Heights, WA: less expensive homes
- Tennessee Colony, TX: less expensive homes
- Thorofare, NJ: less expensive homes
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