The housing market in New Market, VA 22844 is thriving. The median housing value in the area is $270,800, which is significantly lower than the US median house value of $338,100. This makes it an attractive destination for potential home buyers looking for a great deal on property. Furthermore, the appreciation rate of houses in New Market has been much higher than that of the US in the past year at 19.13%, compared to 8.27% nationally. This means that investing in housing in this area can provide homeowners with a significant return on their investment.
The median home cost in New Market (zip 22844) is $270,800. Home appreciation the last 10 years has been 61.3%. Home Appreciation in New Market (zip 22844) is up 14.3%.
Average Age of Homes
- The median age of New Market (zip 22844) real estate is 39 years old
The Rental Market in New Market (zip 22844)
- Renters make up 29.6% of the New Market (zip 22844) population
- 0.0% of houses and apartments in New Market (zip 22844), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.