Housing in New Market, MD

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$581,000

Median List Price

$590,000

Price Per Sq Ft

$234

Days on Market

79

Active Inventory

3

Months of Supply

0.8

Seller's market

Zillow Home Value

$582,930

ZHVI — January 2026

Zillow Rent Index

$2,488

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.5%List Price 12.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

3

Pending Sales

2

Homes Sold 0.0%New Listings 25.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$234

Median List $/SF

$238

Sale $/SF 17.0%List $/SF 4.8%Mar 24Jan 26

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

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$607,700

Median Rent

$1,694

Total Housing Units

478

Vacancy Rate

1.9%

Owner Occupied

96.4%

Renter Occupied

3.6%

Median Property Tax

$5,994

per year

Monthly Cost (w/ Mortgage)

$2,875

Housing Types

Single Family
97.1%
Multi-Family
2.9%
Mobile Home
0.0%

The current median sale price in New Market, MD is $581,000 according to Redfin data. Homes spend a median of 79 days on the market. 25.0% of homes sold above asking price. The market has 0.8 months of supply. The median price per square foot is $234. Zillow's observed rent index is $2,488/month. About 96.4% of housing units are owner-occupied. The median year homes were built is 2006. There are 478 total housing units.