New Market, IN
Full City Profile · Indiana · Putnam County County
3.8
/5.0
B+
Good
544
Population
2,015/sq mi density
$72,917
Median Income
$33,208 per capita
$136,900
Home Value
$217,044 Zillow
$964
Median Rent
22.3% income on rent
50°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,917 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$136,900 home value, $964/mo rent
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher
Housing Overview
Median Home Value
$136,900
51% below
US avg: $281,900
Median Rent
$964/mo
17% below
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
252
Median year built: 1954
Home Value by Source
Census Median
$136,900
Zillow (ZHVI)
$217,044
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.8%
Owner-Occupied
20.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$964/mo
Affordability & Housing Stock
Rent Burden
22.3%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
79.8%
Complete Housing Data
Home Values
| Census Median Value | $136,900 |
| Zillow Home Value (ZHVI) | $217,044 |
Rent
| Census Median Rent | $964 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 79.8% |
| Renter-Occupied | 20.2% |
| Homeownership Rate | 79.8% |
| Total Housing Units | 252 |
| Median Year Built | 1954 |
| Rent Burden | 22.3% |