How much do homes in New Market, MD cost?

Median List Price

$568,500

Based on all homes listed in May 2021.

Difference Since Last Month

-$1,500(-0.3%)

Key Takeaway

The list price of homes in New Market has remained the same since April.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSApr 2021May 2021%
1 --N/A
2 --N/A
3 $549.9K$487.4K-11.4%
4 $592.3K$570K-3.8%
5+ $567K$567K0.0%

Median List Price Compared To Nearby Cities

Monrovia
+5.6%
New Market
-0.3%

How many homes are available in New Market, MD?

Number of Homes For Sale

Apr 2021May 2021%
1316+23.1%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 000.0%
3 24+100.0%
4 109-10.0%
5+ 13+200.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Apr 2021May 2021%
113 Days60 Days-46.4%

Breakdown of Home Sale Times

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Key Takeaway

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About New Market, MD

Homes for sale in New Market, MD have reached 16.

Listings spent 60 days on the market in May 2021, and had a median list price of $568,500 during the same period.

This housing market listing prices have changed between May 2020 and May 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, the cost of 3 bedrooms properties went down by 11.4%, 4 bedrooms properties prices decreased by 3.8%, 5 bedrooms properties prices did not change.

In May 2021 in New Market, MD there were 23.1% more homes for sale than in April 2021.

Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went up by 100%, number of 4 bedrooms homes decreased by 10%, volume of 5 bedrooms homes went up by 200%.

In May 2021, from all listings sold in New Market, MD there were more than 2 sold above asking price, over 0 sold below and more than 4 were sold right at the asked price.

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