Home prices
The cost of the median home in Newmarket is $255,400. Compared to its surrounding areas it is roughly $59,820 (18%) lower.It is approximately $37,900 (17%) higher compared to the rest of the nation, and it is roughly $277,300 (52%) lower compared to the city of Boston.
Rents
In Newmarket the median rent is $1,278 a month. In comparison to its surrounding areas it is approximately $127 (11%) higher.Compared to the entire nation it is approximately $216 (20%) higher, and is roughly $342 (21%) lower compared to the city of Boston.
Nearby places
Newfields
Newfields is roughly 2 miles south of Newmarket. Its real estate prices are somewhat more expensive. The value of the median home in Newfields is $366,200, which comes out to $110,800 (30%) higher than Newmarket. Rent there is somewhat less expensive. Newfields's median monthly rent is $1,042, which works out to $236 (22%) lower than Newmarket.
Durham
Durham is approximately 4 miles north of Newmarket. Its real estate prices are a bit more expensive. The value of the median home in Durham is $348,500, which is $93,100 (26%) higher than Newmarket. Rents there are significantly less expensive. Durham's median monthly rent is $942, which is $336 (35%) lower than Newmarket.
Exeter
Exeter is approximately 6 miles south of Newmarket. The housing prices there are somewhat less expensive. Exeter's median home value is $236,100, which comes out to $19,300 (8%) lower than Newmarket. The rent there is similar. Exeter's median rent is $1,224 per month, which is $54 (4%) lower than Newmarket.
Portsmouth
Portsmouth is approximately 6 miles east of Newmarket. Housing prices there are substantially more expensive. The median home cost in Portsmouth is $425,600, which works out to $170,200 (39%) higher than Newmarket. Rent there is pretty similar. Portsmouth's median monthly rent is $1,305, which is $27 (2%) higher than Newmarket.
Epping
Epping is approximately 7 miles west of Newmarket. The housing prices there are a little less expensive. The median home in Epping is valued at $199,700, which works out to $55,700 (27%) lower than Newmarket. Its rents are fairly similar. Epping's median rent is $1,242 a month, which is $36 (2%) lower than Newmarket.