Housing · New Market

New Market, MD housing market

The typical New Market home is worth about $590,000, about the same as a year ago, 38% above the Maryland typical home. Homes typically sell in 34 days, a little above asking.

Home values, sales, trends and how New Market compares with the towns next door — updated as new data is published.

The market right now

New Market at a glance

Typical home value
$590K
▼ 0.4% in a year · Zillow
Median sale price
$515K
May 2026 · Redfin
Days on market
34
Maryland: 34 days
Sale-to-list
100.9%
Homes sell above asking
Homes sold
7
in May · 9 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

New MarketMaryland
$250K$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 New Market $590K Maryland $428K
Show as a table
JanuaryNew MarketMaryland
2017$389,000$290,000
2018$397,000$301,000
2019$407,000$310,000
2020$417,000$322,000
2021$449,000$349,000
2022$517,000$384,000
2023$545,000$398,000
2024$561,000$412,000
2025$590,000$427,000
2026$593,000$429,000
August 2026$590,000$428,000
Nearby

New Market and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
New Market $590K −0.4% 34 $202,872
Linganore — — 34 $175,833
Affordability

2.9 years of income

The typical New Market home costs about 2.9 years of the town's median household income, less than across Maryland (4.1 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
96.6%
Maryland: 67.6%
Median tax bill
$5,997
Maryland: $4,093
Median rent
$2,136
Maryland: $1,705
Typical home built
2005
Maryland: 1979

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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New Market

Maryland · MD
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01