Home prices
The median home in New Market is valued at $92,300. Compared to its nearby areas this is about $8,420 (10%) higher.Compared to the rest of the nation it is about $125,200 (57%) lower, and compared to the city of Bloomington is approximately $108,400 (54%) lower.
Rents
New Market's median rent is $867 a month. This is roughly $18 (2%) higher compared to the surrounding areas.Compared to the US as a whole it is roughly $195 (18%) lower, and it is roughly $50 (5%) lower compared to the city of Bloomington.
Nearby places
Ladoga
Ladoga is about 6 miles southeast from New Market. The real estate prices there are similar. The median home in Ladoga is valued at $91,900, which is very similar to New Market. Rents there are a bit less expensive. In Ladoga the median monthly rent is $789, which comes out to $78 (9%) lower than New Market.
Crawfordsville
Crawfordsville is about 6 miles north of New Market. The real estate prices there are a bit more expensive. The price of the median home in Crawfordsville is $107,500, which is $15,200 (14%) higher than New Market. Rent there is significantly less expensive. The median monthly rent in Crawfordsville is $647, which is $220 (34%) lower than New Market.
Russellville
Russellville is about 7 miles southwest of New Market. Its housing prices are substantially less expensive. The median home in Russellville is valued at $66,800, which works out to $25,500 (38%) lower than New Market. Rents there are somewhat more expensive. The median monthly rent in Russellville is $1,050, which comes out to $183 (17%) higher than New Market.
Waveland
Waveland is approximately 7 miles southwest of New Market. The housing prices there are somewhat less expensive. The median home in Waveland is valued at $74,600, which works out to $17,700 (23%) lower than New Market. Rents there are similar. The median rent in Waveland is $842 per month, which is $25 (2%) lower than New Market.
Roachdale
Roachdale is approximately 8 miles southeast of New Market. The housing prices there are somewhat less expensive. The median home in Roachdale costs $78,600, which comes out to $13,700 (17%) lower than New Market. Rents there are a little more expensive. The median rent in Roachdale is $919 a month, which works out to $52 (5%) higher than New Market.
