Zip 35761 (New Market, AL) Housing

The housing market in 35761 New Market, AL is much healthier than the overall US housing market. The median value of homes in 35761 New Market is $240,100, while the US median value is $338,100. What’s more notable is that the appreciation rate of homes in 35761 New Market is 14.36%, which is 6.09% higher than the 8.27% national appreciation rate. This means that homeowners in this area are seeing significantly higher returns on their investments than those in other parts of the country.

The median home cost in New Market (zip 35761) is $240,100. Home appreciation the last 10 years has been 85.8%. Home Appreciation in New Market (zip 35761) is up 23.2%.

Average Age of Homes

- The median age of New Market (zip 35761) real estate is 21 years old

The Rental Market in New Market (zip 35761)

- Renters make up 11.8% of the New Market (zip 35761) population
- 0.6% of houses and apartments in New Market (zip 35761), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Market, Alabama	United States
	5,130.0	139,647,020.0
	24	42
	$240,100	$338,100
	23.2%	16.6%
	77.4%	57.0%
	85.8%	101.1%
	$3.72	$10.98
	$609	$2,690
	78.1%	57.4%
	6.8%	11.2%
	15.1%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	6.9%	2.6%
	1.7%	2.4%
	3.9%	2.8%
	4.1%	3.9%
	6.4%	4.5%
	18.6%	11.3%
	23.0%	13.0%
	17.6%	20.1%
	7.9%	13.6%
	4.0%	8.3%
	3.9%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.9%	13.6%
	26.9%	13.6%
	24.6%	13.6%
	12.5%	13.2%
	6.1%	14.8%
	24.6%	13.6%
	4.0%	10.0%
	2.8%	4.7%
	2.0%	12.2%

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