Home Values

Town of Newmarket Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$213,200

  • 3.8% 1-year change
  • 1.0% 1-year forecast

The median home value in Town of Newmarket is $213,200. Town of Newmarket home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Town of Newmarket is $145, which is lower than the Boston Metro average of $224. The median price of homes currently listed in Town of Newmarket is $242,000 while the median price of homes that sold is $150,533. The median rent price in Town of Newmarket is $1,200, which is lower than the Boston Metro median of $2,200.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Newmarket is 1.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Newmarket homeowners underwater on their mortgage is 15.3%, which is higher than Boston Metro at 9.6%.

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Relative ZHVI
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Town of Newmarket Market Overview

Data through Nov 30, 2014
  • $213,200 ZHVI
  • 1.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $242,000 Median listing price
  • $150,533 Median sale price (Oct 31, 2014)
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Town of Newmarket Market Health

Data through Nov 30, 2014
  • 5.3/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 15.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Newfields $399,700
Greenland $338,800
Stratham $334,700
Name Median ZHVI
Brentwood $318,300
Madbury $315,100
Town of Durham $303,300
Name Median ZHVI
Lee $259,100
Town of Exeter $257,000
Town of Epping $226,000

Listings & Sales

Data through Nov 30, 2014
  • $145 Median list price / sq ft
  • $97 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
45.6%
Sold below listing
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Town of Newmarket Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,575 Town of Newmarket
    $2,137 Boston Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $1.04 Rent list price / sq ft
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