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New Market, MD

Full City Profile · Maryland · Frederick County County

4.0 /5.0
A Great
1,588 Population 897/sq mi density
$198,080 Median Income $63,599 per capita
$607,700 Home Value $590,379 Zillow
$1,694 Median Rent 23.5% income on rent
57°F Avg Temperature 293 sunny days/yr
430 Violent Crime/100K 2,314 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$198,080 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$607,700 home value, $1,694/mo rent
F
Safety
1.0 / 5.0
430 violent crimes/100K (13% above avg)
A+
Education
5.0 / 5.0
69.0% bachelor's degree or higher

Housing Overview

Median Home Value
$607,700
116% above
US avg: $281,900
Median Rent
$1,694/mo
46% above
US avg: $1,163/mo
Homeownership Rate
96.4%
47% above US avg (65.4%)
Total Housing Units
478
Median year built: 2005

Home Value by Source

Census Median
$607,700
Zillow (ZHVI)
$590,379
Median Sale Price
$1,100,000
Median List Price
$645,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.4%
Owner-Occupied
3.6%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $1,694/mo · Zillow rent: $2,564/mo

Market Indicators (Redfin)

Median Days on Market
30 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$149
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
23.5%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
96.4%

Complete Housing Data

Home Values

Census Median Value$607,700
Zillow Home Value (ZHVI)$590,379
Median Sale Price$1,100,000
Median List Price$645,000
Price Per Sq Ft$149

Rent

Census Median Rent$1,694
Zillow Rent (ZORI)$2,564
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market30
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory3
Price Per Sq Ft$149

Ownership & Stock

Owner-Occupied96.4%
Renter-Occupied3.6%
Homeownership Rate96.4%
Total Housing Units478
Median Year Built2005
Rent Burden23.5%