Housing in New Market, TN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$375,000
Median List Price
$185,000
Price Per Sq Ft
$119
Days on Market
417
Active Inventory
7
Months of Supply
7.0
Buyer's market
Zillow Home Value
$306,521
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
97.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$119
Median List $/SF
$171
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
$166,400
Median Rent
$946
Total Housing Units
650
Vacancy Rate
6.0%
Owner Occupied
74.6%
Renter Occupied
25.4%
Median Property Tax
$816
per year
Monthly Cost (w/ Mortgage)
$650
Housing Types
The current median sale price in New Market, TN is $375,000 according to Redfin data. Homes spend a median of 417 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $119. The median rent is $946 per month (Census ACS). About 74.6% of housing units are owner-occupied. The median year homes were built is 1975. There are 650 total housing units.