Much like other places in this area, it is a lot less expensive compared to the entire nation. Compared to the city of Washington, it's significantly less expensive.
Home prices
The median home in New Market costs $129,300. Compared to the surrounding areas this is is very similar.In comparison to the United States as a whole it is approximately $88,200 (40%) lower, and compared to the city of Washington it is about $472,200 (78%) lower.
Rents
New Market's median monthly rent is $683. It is about $242 (26%) lower in comparison to its surrounding areas.It is roughly $379 (35%) lower compared to the entire nation, and in comparison to the city of Washington is about $858 (55%) lower.
Nearby places
New Cumberland
New Cumberland is New Market's neighbor to the northwest. Its housing prices are a little more expensive. The median home in New Cumberland costs $169,700, which works out to $40,400 (23%) higher than New Market. Rent there is somewhat more expensive. New Cumberland's median monthly rent is $826, which comes out to $143 (17%) higher than New Market.
Steelton
Steelton is roughly 1 mile east from New Market. Its real estate prices are a lot less expensive. The price of the median home in Steelton is $88,600, which is $40,700 (45%) lower than New Market. Its rents are somewhat more expensive. Steelton's median rent is $873 per month, which comes out to $190 (21%) higher than New Market.
Enhaut
Enhaut is about 1 mile northeast from New Market. The real estate prices there are somewhat less expensive. Enhaut's median home price is $106,000, which comes out to $23,300 (21%) lower than New Market. Rent there is a lot more expensive. The median rent in Enhaut is $1,171 a month, which works out to $488 (41%) higher than New Market.
Bressler
Bressler is about 1 mile east of New Market. Real estate prices there are a little less expensive. The median home value in Bressler is $100,500, which is $28,800 (28%) lower than New Market. Its rents are a little more expensive. In Bressler the median monthly rent is $843, which comes out to $160 (18%) higher than New Market.
Lower Allen
Lower Allen is approximately 2 miles west of New Market. Real estate prices there are somewhat more expensive. The median home in Lower Allen costs $183,600, which works out to $54,300 (29%) higher than New Market. The rent there is somewhat more expensive. In Lower Allen the median rent is $910 per month, which is $227 (24%) higher than New Market.