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Housing in New Market

26 homes sold in New Market in the last year, at a typical $250K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Market homes are listed.

Homes sold
26
October 2025 to September 2026
Typical sale price
$250K
median, weighted by sales
Price per square foot
$151
Alabama $158
Paid vs. asking
98.6%
17% sold over asking
For sale now
12
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of New Market’s sales, at a typical $262K (year to May 2026)

26 homes sold in the year to September 2026.

Houses$262K

typical sale · 36 sold in the year to May 2026

Per square foot
$146AL $155
Days to sell
110
Sold over asking
17%
Listings with a price cut
21%
9 years of sales

Fewer homes sell than before 2023, at twice the 2017 price

26 sales in the last year, against 57 in 2022 and a low of 21 in 2017. The typical sale went from $120K in 2017 to $250K.

Homes soldTypical sale price
0255075100$150K$200K$250K$300K2017: 21 sold, typical $120K’172018: 22 sold, typical $112K2019: 24 sold, typical $149K’192020: 29 sold, typical $197K2021: 53 sold, typical $248K’212022: 57 sold, typical $275K2023: 53 sold, typical $266K’232024: 47 sold, typical $278K2025: 51 sold, typical $262K’25Last 12 months: 26 sold, typical $250KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $250K buys in New Market

Houseat $146 a sq ft, year to May 2026
The same money in Alabamaat $155 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what New Market homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 9 years of sales

Bidding wars in New Market are back to pre-pandemic levels, and more homes are for sale

We read every month of New Market’s home sales since 2017 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 26 sales.

If you’re buying in New Market

  • Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • Bid near asking. Buyers paid 98.6% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 7% of homes go under contract within two weeks; the typical one takes 108 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

April has the most new listings (about 5 a month), but September is the most competitive: 32% of September sales close over asking. March has the least competition (9%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 14% sold over asking, 105 days to sellJFeb: 3 new listings a month, 23% sold over asking, 161 days to sellFMar: 3 new listings a month, 9% sold over asking, 139 days to sellMApr: 5 new listings a month, 19% sold over asking, 138 days to sellAMay: 4 new listings a month, 27% sold over asking, 114 days to sellMJun: 4 new listings a month, 31% sold over asking, 74 days to sellJJul: 4 new listings a month, 26% sold over asking, 81 days to sellJAug: 3 new listings a month, 27% sold over asking, 145 days to sellASep: 4 new listings a month, 32% sold over asking, 88 days to sellSOct: 4 new listings a month, 27% sold over asking, 116 days to sellONov: 3 new listings a month, 19% sold over asking, 94 days to sellNDec: 2 new listings a month, 21% sold over asking, 131 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Alabama as a whole

New Market now2017–192021 peakAL now
Sold over askingShare of sales that closed above the list price17%21%34%16%
Gone within two weeksShare of homes under contract within 14 days7%15%57%26%
Price paid vs. askingAverage sale price ÷ list price98.6%97.2%100.5%97.3%
Days to sellMedian days from listing to contract108708068
Supply

12 homes for sale on a typical day

That’s 4 times the 2018 low (3), 167% more than in 2017–19 and well under 2020’s 22.

2017: 5 for sale’172018: 3 for sale2019: 6 for sale2020: 22 for sale’202021: 21 for sale2022: 16 for sale2023: 16 for sale’232024: 18 for sale2025: 14 for saleLast 12 months: 12 for saleNow

Source: Redfin Data Center, city figures, January 2017 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical New Market home costs about $1,371 a month

Mortgage
Property tax
Insurance
Rent

Price: New Market’s typical sale, last 12 months. Property tax at New Market’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Market is affordable on local pay is on Cost of living.

Before you buy in New Market

Six things worth knowing

5

New listings in April

The month with the most choice. December has the fewest, about 2.

Best time to buy
0.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $250K home, about $800 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for New Market, from test results, graduation and how much students grow.

Schools in New Market
28 min

Typical commute

The average one-way trip to work for people who live in New Market.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of New Market, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Meridianville376$346K$15216%111
Moores Mill254$322K$16121%109
Harvest189$314K$15620%67
Hazel Green151$273K$15617%92
Fayetteville102$230K$1487%97
Park City35$254K$15710%65
New Market26$250K$15117%108

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to New Market, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Market. People who follow the town see it, and so do people comparing New Market with their own town. No commission, no listing fee.

Questions about buying a home in New Market

What do homes sell for in New Market, AL?

26 homes sold in the year to September 2026 at a typical $250K, $151 a square foot.

Is New Market a buyer’s or seller’s market?

A balanced market: 12 homes were for sale in September 2026 and 2 sold, about 5.2 months of supply. Buyers paid 98.6% of asking on average.

When is the best time to buy in New Market?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in New Market?

About 0.3% of a home’s value a year. On a $250K home that’s near $800.

Where can I see homes for sale in New Market?

Zillow, Redfin, Realtor.com and Homes.com all carry New Market’s MLS listings; the search links above open each one filtered to New Market.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).