Is New Market, VA 22844 a buyer’s or seller’s market?
New Market is a seller’s market. With about 2.4 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.4Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$202▲ +2.5% vs. last year
Run the numbers for 22844
Nearby markets
Basye 22810Buyer’s market $214 /sq ftEdinburg 22824Balanced $198 /sq ftFort Valley 22652Seller’s market $192 /sq ftMaurertown 22644Balanced $240 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology