Housing in New Market, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$124,811
New Market vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Market is highlighted.
Median Home Value
17th%ilemost expensive$92,000show rank
Median Rent
34th%ilemost expensive rent$827show rank
Rent Burden
39th%ilehighest rent burden17.1%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$92,000
Median Rent
$827
Total Housing Units
229
Vacancy Rate
14.4%
Owner Occupied
75.5%
Renter Occupied
24.5%
Median Property Tax
$1,131
per year
Monthly Cost (w/ Mortgage)
$741
Housing Types
Single Family96.9%
Multi-Family1.8%
Mobile Home1.3%
The median home value in New Market, IA is $92,000. According to Zillow, the home value index for New Market is $124,811. The median rent is $827 per month (Census ACS). About 75.5% of housing units are owner-occupied. The median year homes were built is 1946. There are 229 total housing units.