City:
New Market is a city in the state of maryland with a population of roughly 13,092. It is in Frederick County, Maryland the Washington-Arlington-Alexandria, DC-VA-MD-WV core-based statistical areas (CBSA), and the Washington-Baltimore-Arlington, DC-MD-VA-WV-PA combined statistical area (CSA).Its Zip codes include 21774 .
Real estate in New Market, MD is a hot commodity. The town has seen an influx of families and businesses looking to purchase or lease property in recent years. The median home price in the town is $269,000, which is significantly higher than the national median home price of $183,000.
The primary reason for this high demand is likely due to the close proximity to Washington D.C., which makes it an ideal location for those who work in the nation's capital. Additionally, New Market has a number of amenities that make it a desirable place to live including excellent schools and access to major highways and transportation networks.
While there are certainly challenges associated with living in New Market – such as high housing costs – these issues are generally manageable given the town's overall advantages. In addition, many potential residents are likely aware of these challenges and are prepared to deal with them accordingly.
Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)