The housing market in New Market, IN is vibrant and has been steadily increasing in value. The median house value is $141,600, which is significantly lower than the US median of $338,100. In the past year alone, the housing market in New Market has seen an appreciation of 10.75%, which is higher than the national average of 8.27%. This indicates that New Market is a desirable place to live and invest in real estate, making it an attractive option for potential buyers.
The median home cost in New Market is $141,600. Home appreciation the last 10 years has been 84.4%. Home Appreciation in New Market is up 14.6%.
Average Age of Homes
- The median age of New Market real estate is 65 years old
The Rental Market in New Market
- Renters make up 17.8% of the New Market population
- 3.7% of houses and apartments in New Market, 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.