Market Summary

New Market, Madison County, AL

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Median Home Price Price

$286,087 $286.1K

Median Monthly Rent Rent

$1,196 $1.2K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison County

Region Price Rent GRM Display
$306,528 $1,764 14.0x
$279,386 $1,440 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Madison County

Region Price Rent GRM Display
$284,323 $1,205 20.0x
$211,244 $1,643 11.0x
$276,866 $1,190 19.0x
$374,195 $1,512 21.0x
$298,843 $1,034 24.0x
$245,537 $1,636 13.0x
$325,804 $1,644 17.0x
$157,015 $1,183 11.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$332,663 $1,488 19.0x
$196,916 $1,323 12.0x
$240,235 $1,233 16.0x
$336,907 $1,405 20.0x
$207,948 $1,272 14.0x
$185,671 $1,061 15.0x
$292,321 $1,250 19.0x
$456,941 $1,695 22.0x
$362,597 $1,291 23.0x
$366,390 $1,517 20.0x
$216,249 $1,179 15.0x
$381,778 $1,848 17.0x
$254,564 $1,263 17.0x
$441,865 $2,306 16.0x
$337,835 $1,597 18.0x
$534,902 $1,121 40.0x
$520,098 $2,260 19.0x
$229,909 $1,227 16.0x
$286,581 $1,185 20.0x
$442,918 $2,293 16.0x
$449,927 $1,195 31.0x
$415,669 $1,522 23.0x
$372,313 $1,148 27.0x
$221,779 $1,113 17.0x
$218,805 $952 19.0x
$302,004 $1,163 22.0x
$347,433 $1,140 25.0x
$334,470 $1,483 19.0x
$388,019 $1,805 18.0x
$411,162 $1,220 28.0x
$548,783 $2,305 20.0x
$290,256 $1,195 20.0x

Home prices

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Monthly rent

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GRM

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New Market

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Trend Insights

Median Rent in New Market, AL is $1,196, with MoM change +$7 and YoY change +$30 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Market, AL.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market New Market, AL
Compare market Select a market
Delta vs base
Median rent
$1,196
N/A
Median price
$286,087
N/A
YoY change
+$30
N/A
Price-to-rent
19.9x
Data unavailable
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