Home prices
The median home in New Market is valued at $449,400. This is roughly $70,820 (18%) higher compared to other places in this area.In comparison to the United States as a whole it is about $231,900 (106%) higher, and in comparison to the city of Washington it is about $152,100 (25%) lower.
Rents
In New Market the median monthly rent is $1,795. In comparison to the surrounding areas this is approximately $25 (1%) lower.It is roughly $733 (69%) higher in comparison to the entire country, and compared to the city of Washington is about $254 (16%) higher.
Nearby places
Linganore
Linganore is New Market's neighbor to the northwest. The housing prices there are a little less expensive. The value of the median home in Linganore is $388,700, which works out to $60,700 (15%) lower than New Market. Rent there is a bit more expensive. The median rent in Linganore is $2,016 per month, which comes out to $221 (10%) higher than New Market.
Spring Ridge
Spring Ridge is approximately 3 miles west of New Market. The housing prices there are somewhat less expensive. The median home in Spring Ridge is valued at $341,300, which works out to $108,100 (31%) lower than New Market. Rent there is somewhat less expensive. In Spring Ridge the median monthly rent is $1,654, which comes out to $141 (8%) lower than New Market.
Urbana
Urbana is about 5 miles southwest of New Market. The real estate prices there are a bit more expensive. The value of the median home in Urbana is $524,100, which works out to $74,700 (14%) higher than New Market. Rent there is a little more expensive. Urbana's median rent is $2,254 per month, which comes out to $459 (20%) higher than New Market.
Mount Airy
Mount Airy is about 5 miles east from New Market. Its real estate prices are somewhat less expensive. The cost of the median home in Mount Airy is $371,500, which comes out to $77,900 (20%) lower than New Market. The rent there is somewhat less expensive. The median monthly rent in Mount Airy is $1,580, which is $215 (13%) lower than New Market.
Ballenger Creek
Ballenger Creek is about 6 miles west of New Market. Real estate prices there are a lot less expensive. The median home in Ballenger Creek costs $267,300, which is $182,100 (68%) lower than New Market. Rents there are somewhat less expensive. The median monthly rent in Ballenger Creek is $1,595, which works out to $200 (12%) lower than New Market.
