Property prices for sale in New Market (Maryland)

The prices in real estate in New Market, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$533,006.83
Average price last 6 months
$214.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Market has increased during the last 6 months. In November, the average price per sq.feet was $201. In December this price pretty much remained the same at a value of $201 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $201 to $209 per sq.feet. The price per sq.feet has increased 114 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $205 to $234.5 during March, and April.

Average price

Based upon to the price in New Market (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $503,903. In December This price remains at $505,206. In the following two months the average price has remained the same with regard to the previous two months from $504,554.5 to $515,906.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $553,363 they are 50 % more affordable than the average price for New Market. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 1 bedroom priced at $404,321.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $236 / sq.feet price in New Market. The properties with the lowest average prices have 2 bedrooms. They are 30 % cheaper than the average followed by properties with 1 bedroom with a price at $140 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $553,363 it is 32 % cheaper than the average price in New Market. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial Property". At a price of $414,014 it is 23 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $120 / sq.feet followed by "Condo" priced at $129 / sq.feet. "House" is the cheapest type of property with a $134 / sq.feet value followed by "Condo" with an average price of $129 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in New Market
Number of properties used in region Maryland
$553,363
$236
1,208
263,042
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value