Home prices
The median home in New Market is valued at $233,300. This is roughly $71,680 (44%) higher compared to the surrounding areas.In comparison to the nation as a whole it is approximately $15,800 (7%) higher, and is about $66,300 (22%) lower in comparison to the city of Charlottesville.
Rents
New Market's median rent is $725 per month. In comparison to other places in this area it is about $73 (9%) lower.Compared to the country as a whole it is roughly $337 (31%) lower, and in comparison to the city of Charlottesville it is roughly $417 (36%) lower.
Nearby places
Timberville
Timberville is roughly 4 miles west from New Market. Real estate prices there are substantially less expensive. Timberville's median home cost is $146,400, which comes out to $86,900 (59%) lower than New Market. Rent there is a little more expensive. The median monthly rent in Timberville is $834, which works out to $109 (13%) higher than New Market.
Mount Jackson
Mount Jackson is approximately 6 miles north of New Market. The housing prices there are a lot less expensive. The median home value in Mount Jackson is $134,900, which is $98,400 (72%) lower than New Market. Its rents are a bit more expensive. Mount Jackson's median rent is $839 a month, which is $114 (13%) higher than New Market.
Broadway
Broadway is roughly 6 miles southwest of New Market. The real estate prices there are somewhat less expensive. The median home in Broadway costs $196,300, which is $37,000 (18%) lower than New Market. Rents there are pretty similar. In Broadway the median monthly rent is $743, which comes out to $18 (2%) higher than New Market.
Stanley
Stanley is approximately 9 miles southeast of New Market. Housing prices there are substantially less expensive. The price of the median home in Stanley is $160,900, which comes out to $72,400 (44%) lower than New Market. The rent there is fairly similar. The median monthly rent in Stanley is $728, which is very similar to New Market.
Luray
Luray is about 10 miles east from New Market. The real estate prices there are significantly less expensive. The value of the median home in Luray is $169,600, which comes out to $63,700 (37%) lower than New Market. Rents there are a bit more expensive. Luray's median rent is $844 a month, which works out to $119 (14%) higher than New Market.
