Home prices
The price of the median home in New Market is $131,400. Compared to its nearby areas this is about $8,200 (5%) lower.It is approximately $86,100 (39%) lower compared to the rest of the country, and in comparison to the city of Huntsville it is approximately $51,500 (28%) lower.
Rents
The median rent in New Market is $599 a month. Compared to nearby areas this is roughly $209 (25%) lower.In comparison to the country as a whole it is approximately $463 (43%) lower, and is approximately $228 (27%) lower in comparison to the city of Huntsville.
Nearby places
Moores Mill
Moores Mill is approximately 5 miles southwest from New Market. Real estate prices there are a bit more expensive. The median home price in Moores Mill is $175,200, which is $43,800 (25%) higher than New Market. The rent there is somewhat more expensive. In Moores Mill the median rent is $847 a month, which works out to $248 (29%) higher than New Market.
Meridianville
Meridianville is roughly 7 miles west of New Market. Its housing prices are a little more expensive. The cost of the median home in Meridianville is $178,000, which is $46,600 (26%) higher than New Market. Its rents are significantly more expensive. In Meridianville the median monthly rent is $1,122, which is $523 (46%) higher than New Market.
Hazel Green
Hazel Green is about 7 miles west from New Market. Housing prices there are pretty similar. Hazel Green's median home cost is $129,000, which is $2,400 (1%) lower than New Market. The rent there is a bit more expensive. The median monthly rent in Hazel Green is $845, which is $246 (29%) higher than New Market.
Gurley
Gurley is approximately 13 miles south of New Market. Its real estate prices are pretty similar. The median home price in Gurley is $131,900, which is very similar to New Market. The rent there is a bit less expensive. In Gurley the median monthly rent is $486, which is $113 (23%) lower than New Market.
Huntland
Huntland is roughly 14 miles northeast of New Market. Housing prices there are substantially less expensive. Huntland's median home cost is $83,900, which works out to $47,500 (56%) lower than New Market. The rent there is somewhat more expensive. The median rent in Huntland is $742 per month, which comes out to $143 (19%) higher than New Market.
