Market Summary

New Market, Jefferson County, TN

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Median Home Price Price

$299,941 $299.9K

Median Monthly Rent Rent

$1,129 $1.1K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Jefferson County

Region Price Rent GRM Display
$280,256 $947 25.0x
$295,386 $1,093 22.0x
$363,961 $1,131 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TN outside of Jefferson County

Region Price Rent GRM Display
$348,715 $1,141 25.0x
$246,026 $1,116 18.0x
$311,780 $1,223 21.0x
$317,734 $1,118 24.0x
$221,685 $1,225 15.0x
$417,560 $1,296 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TN

Region Price Rent GRM Display
$682,713 $1,161 49.0x
$612,283 $1,112 46.0x
$231,535 $1,193 16.0x
$232,371 $1,129 17.0x
$243,456 $1,202 17.0x
$130,805 $1,181 9.0x
$323,087 $1,187 23.0x
$221,104 $1,299 14.0x
$258,573 $1,139 19.0x
$310,182 $1,145 22.0x
$212,962 $1,228 14.0x
$506,965 $1,761 24.0x
$311,669 $1,212 21.0x
$325,510 $1,194 23.0x
$264,567 $1,145 19.0x
$526,330 $1,878 23.0x
$199,945 $1,224 14.0x
$354,015 $1,274 23.0x
$296,946 $1,504 16.0x
$310,202 $1,173 22.0x
$567,298 $2,114 22.0x
$224,240 $1,166 16.0x
$208,962 $1,183 15.0x
$401,186 $1,697 20.0x
$336,623 $1,741 16.0x
$527,256 $1,749 25.0x
$228,291 $1,199 16.0x
$296,825 $1,543 16.0x

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, TN is $1,129, with MoM change +$10 and YoY change +$70 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market New Market, TN
Compare market Select a market
Delta vs base
Median rent
$1,129
N/A
Median price
$299,941
N/A
YoY change
+$70
N/A
Price-to-rent
22.1x
Data unavailable
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