Market Summary

New Market, Shenandoah County, VA

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Median Home Price Price

$319,455 $319.5K

Median Monthly Rent Rent

$1,148 $1.1K

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shenandoah County

Region Price Rent GRM Display
$335,899 $1,238 23.0x
$328,688 $1,200 23.0x
$312,419 $1,197 22.0x
$323,777 $1,055 25.0x
$335,005 $893 31.0x
$324,335 $1,176 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Shenandoah County

Region Price Rent GRM Display
$690,639 $1,092 53.0x
$298,040 $1,690 15.0x
$269,502 $1,714 13.0x
$403,158 $1,522 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$212,383 $1,199 15.0x
$261,396 $1,084 20.0x
$490,019 $1,637 25.0x
$301,380 $1,137 22.0x
$375,340 $1,428 22.0x
$279,151 $1,161 20.0x
$329,105 $1,182 23.0x
$281,479 $1,409 17.0x
$250,260 $1,489 14.0x
$263,343 $1,196 18.0x
$297,467 $1,069 23.0x
$495,089 $1,833 22.0x
$342,089 $1,083 26.0x
$579,841 $1,990 24.0x
$320,695 $1,042 26.0x
$780,009 $2,837 23.0x
$363,961 $1,131 27.0x
$417,214 $1,609 22.0x
$208,962 $1,183 15.0x
$653,209 $1,785 30.0x
$229,024 $1,127 17.0x
$279,065 $1,131 21.0x
$598,893 $1,999 25.0x
$226,705 $999 19.0x
$289,084 $1,232 20.0x
$527,342 $1,971 22.0x
$268,400 $1,520 15.0x
$672,875 $2,362 24.0x
$225,545 $1,282 15.0x
$731,411 $2,521 24.0x
$329,447 $1,099 25.0x
$662,295 $2,746 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, VA is $1,148, with MoM change +$8 and YoY change +$44 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market New Market, VA
Compare market Select a market
Delta vs base
Median rent
$1,148
N/A
Median price
$319,455
N/A
YoY change
+$44
N/A
Price-to-rent
23.2x
Data unavailable
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