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Housing in New Market

27 homes sold in New Market in the last year, at a typical $587K

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
27
October 2025 to September 2026
Typical sale price
$587K
median, weighted by sales
Price per square foot
$231
Maryland $226
Paid vs. asking
100.6%
41% sold over asking
For sale now
1
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 74% of New Market’s sales, at a typical $728K (year to May 2026)

27 homes sold in the year to September 2026.

Houses$728K

typical sale · 14 sold in the year to May 2026

Per square foot
$228MD $239
Days to sell
46
Sold over asking
50%
Listings with a price cut
46%
Fewer sales

Townhouses: 4 sold, typical $342K
Condos: 1 sold, typical $365K

Too few sales in 12 months for reliable figures.

11 years of sales

Fewer homes sell than before 2021, at 1.6 times the 2016 price

27 sales in the last year, against 86 in 2020 and a low of 39 in 2013. The typical sale went from $368K in 2016 to $587K.

Homes soldTypical sale price
0255075100$325K$450K$575K$700K2012: 42 sold, typical $309K’122013: 39 sold, typical $351K2014: 44 sold, typical $384K’142015: 45 sold, typical $362K2016: 62 sold, typical $368K’162017: 66 sold, typical $425K2018: 65 sold, typical $410K’182019: 54 sold, typical $426K2020: 86 sold, typical $447K’202021: 72 sold, typical $546K2022: 39 sold, typical $584K’22Last 12 months: 27 sold, typical $587KNow

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 $600K buys in New Market

Houseat $228 a sq ft, year to May 2026
The same money in Marylandat $239 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 · 11 years of sales

Bidding wars in New Market are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of New Market’s home sales since 2012 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, 27 sales.

If you’re buying in New Market

  • Shop in March. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Bid near asking. Buyers paid 100.6% of the list price on average; 41% paid over.
  • Move fast on good ones. 60% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 7 a month), and the most competition: 48% close over asking. March offers nearly as much choice with fewer homes bid up (20%). March has the least competition (20%).

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 7 new listings a month, 26% sold over asking, 77 days to sellJFeb: 5 new listings a month, 24% sold over asking, 74 days to sellFMar: 6 new listings a month, 20% sold over asking, 62 days to sellMApr: 6 new listings a month, 35% sold over asking, 43 days to sellAMay: 7 new listings a month, 48% sold over asking, 35 days to sellMJun: 5 new listings a month, 21% sold over asking, 27 days to sellJJul: 6 new listings a month, 33% sold over asking, 41 days to sellJAug: 5 new listings a month, 32% sold over asking, 26 days to sellASep: 4 new listings a month, 40% sold over asking, 38 days to sellSOct: 5 new listings a month, 22% sold over asking, 133 days to sellONov: 4 new listings a month, 40% sold over asking, 40 days to sellNDec: 3 new listings a month, 24% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Maryland

New Market now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price41%24%37%32%
Gone within two weeksShare of homes under contract within 14 days60%26%70%40%
Price paid vs. askingAverage sale price ÷ list price100.6%99.2%101.8%99.7%
Days to sellMedian days from listing to contract46563946
Supply

4 homes for sale on a typical day

That’s 1.7 times the 2022 low (3), 77% fewer than in 2017–19 and well under 2019’s 23.

2012: 17 for sale’122013: 18 for sale2014: 19 for sale2015: 19 for sale’152016: 21 for sale2017: 22 for sale2018: 14 for sale’182019: 23 for sale2020: 15 for sale2021: 10 for sale’212022: 3 for saleLast 12 months: 4 for saleNow

Source: Redfin Data Center, city figures, January 2012 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 $3,522 a month

Mortgage
Property tax
Insurance
Rent

Price: New Market’s typical sale, last 12 months. Property tax at New Market’s 0.9% (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

7

New listings in May

The month with the most choice. December has the fewest, about 3.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $587K home, about $5,510 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
32 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

Spring Ridge and Bartonsville sell 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
Linganore326$571K$23032%54
Urbana158$644K$23432%51
Green Valley145$704K$24243%39
Spring Ridge77$491K$21034%43
Bartonsville40$576K$21431%41
Monrovia33$729K$23324%61
New Market27$587K$23141%46

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, MD?

27 homes sold in the year to September 2026 at a typical $587K, $231 a square foot.

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

A seller’s market: 1 homes were for sale in September 2026 and 2 sold, about 0.4 months of supply. Buyers paid 100.6% of asking on average.

When is the best time to buy in New Market?

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

How much are property taxes in New Market?

About 0.9% of a home’s value a year. On a $587K home that’s near $5,510.

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).