Why Live in New Market
New Market is a lively small town known for its historic district and new developments on the outskirts. The historic Main Street features Colonial buildings, small businesses, and popular restaurants like Vintage Restaurant and Prospect Pantry. Though the town's antique shop numbers have dwindled, a few remain, such as RP Brady Antiques and Robert Esterly Antiques. New Market's outer areas include large undeveloped lands and newer subdivisions. Homes in the historic district are preserved Colonials, while outside this area, ranches, split levels, and contemporary homes dominate. The town hosts annual events like Christmas in New Market and the South Alley Block Party. Students attend highly rated New Market Elementary School, New Market Middle School, and Linganore High School. Local attractions include Sugar Loaf Mountain and Gambrill State Park, both about 15 miles away, offering scenic views and outdoor activities. New Market Community Park and Old National Pike District Park provide recreational facilities. The town is approximately 45 miles from Washington, D.C., and 40 miles from Baltimore, with commuters using Route 70 and 270. New Market has a very low crime risk compared to the national average.
Home Trends in New Market, MD
On average, homes in New Market, MD sell after 20 days on the market compared to the national average of 50 days. The median sale price for homes in New Market, MD over the last 12 months is $586,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$586,000
Median Single Family Sale Price
$626,528
Median Townhouse Sale Price
$450,000
Median 2 Bedroom Sale Price
$372,500
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$224
Number of Homes for Sale
29
Last 12 months Home Sales
148
Median List Price
$580,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%