New Market, AL

Buyer's market+14.4% YoY

Housing market overview · Updated weekly

$283,990median sale price

Homes sold

1

Last 12 weeks

Days on market

135

Average pace

Active listings

11

11.0 months supply

Sale-to-list

99.7%

Below asking

The New Market housing market is currently classified as a buyer's market with a median sale price of $283,990. Prices have risen 14.4% compared to last year, with homes spending an average of 135 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in New Market

There are currently 11 homes listed for sale in New Market, Alabama.

Active listings

11

Homes on market

Avg. days on market

135

Days until sale

Price drops:27.3%of listings
Sale-to-list:99.7%

Explore nearby cities in AL

Frequently asked questions

What is the average home price in New Market?

The median home sale price in New Market is $283,990, up 14.4% from last year.

How long do homes stay on market in New Market?

Homes typically spend 135 days on market before going under contract.

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

With 11.0 months of supply, New Market is currently a buyer's market.

Get New Market market alerts

Weekly updates on prices, inventory, and trends. Free forever.