Why Live in New Market
The Town of New Market is a historic community in the Shenandoah Valley located just off Interstate 81. European settlers happened upon this area in the early 18th century, but it wasn’t until 1796 that the town was officially established. “New Market had a big role during the Civil War,” says Greg Pfaff, a local Realtor with Kline May Realty. “When Interstate 81 was built in the 1960s, it actually split the Battle of New Market battlefield . It’s often called the ‘field of lost shoes’ because soldiers’ boots would get stuck in the mud during the battle, so they would just leave their boots behind and keep going.”
Aside from historic landmarks and museums, New Market has several local stores, dining options and small businesses near the center of town and along U.S. Route 11, which parallels the interstate. “You can pick up a gallon of milk in New Market, but for big-box shopping, people go to Harrisonburg, which is like the metropolis of this area,” Pfaff says. Located 20 miles south on I-81, Harrisonburg is a mid-sized urban hub centered around the 700-acre James Madison University campus. New Market has an overall CAP Index Crime Score of 2 out of 10, which is lower than the
Home Trends in New Market, VA
On average, homes in New Market, VA sell after 32 days on the market compared to the national average of 50 days. The median sale price for homes in New Market, VA over the last 12 months is $315,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$315,000
Median Single Family Sale Price
$348,000
Median Townhouse Sale Price
$400,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
26
Last 12 months Home Sales
75
Median List Price
$349,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%