Housing in New Market, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$326,096
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
67th%ilemost expensive$247,400show rank
Median Rent
22nd%ilemost expensive rent$745show rank
Rent Burden
51st%ilehighest rent burden18.6%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$247,400
Median Rent
$745
Total Housing Units
1,087
Vacancy Rate
8.8%
Owner Occupied
41.0%
Renter Occupied
59.0%
Median Property Tax
$1,534
per year
Monthly Cost (w/ Mortgage)
$727
Housing Types
Single Family60.3%
Multi-Family35.6%
Mobile Home4.1%
The median home value in New Market, VA is $247,400. According to Zillow, the home value index for New Market is $326,096. The median rent is $745 per month (Census ACS). About 41.0% of housing units are owner-occupied. The median year homes were built is 1981. There are 1,087 total housing units.