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NEW MARKET, VA 22844

Real Estate Market Report  ·  Shenandoah County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
18
⇧ 5.9% vs 17 last year
Pending
7
39% pending ratio
Median Price
$469,000
⇩ 1.8% vs $477,500 last year
Average Price
$640,536
⇩ 19.9% vs $799,608 last year
Days on Market
119
⇧ 221.6% vs 37 days last year

Market Context

Population: 4,711  ·  Density: 36.7/mi²  ·  Median household income: $57,708

Typical home value: $257,458  ·  Homeownership: 63.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEW MARKET, VA real estate market (22844) currently shows 18 active listings, with 7 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 119 days on market compared to 37 days last year.

The median listing price has fallen 1.8% year-over-year, from $477,500 to $469,000.

Whether you are buying or selling in NEW MARKET, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 17 last year
  • Days on market: 119 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $469,000 (-1.8% YoY)
  • Average: $640,536 (-19.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.6 miles — 262 listings ($122,162,844 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22844New Market, VA 228440.0 mi18$11,529,648$469,000$640,536
22853Timberville, VA 228535.6 mi12$5,018,532$419,000$418,211
22815Broadway, VA 228158.2 mi25$13,318,000$399,000$532,720
22851Stanley, VA 2285110.6 mi30$9,421,440$314,950$314,048
22834Linville, VA 2283412.8 mi1$1,289,000$1,289,000$1,289,000
22810Basye, VA 2281014.5 mi22$10,004,874$447,000$454,767
22802Harrisonburg, VA 2280215.3 mi47$14,449,304$266,900$307,432
22652Fort Valley, VA 2265217.6 mi7$2,983,897$425,000$426,271
22664Woodstock, VA 2266417.7 mi37$17,533,005$437,000$473,865
22827Elkton, VA 2282718.7 mi27$16,793,838$384,450$621,994
26812Mathias, WV 2681219.3 mi6$2,482,674$339,000$413,779
22846Penn Laird, VA 2284620.0 mi24$13,948,632$522,790$581,193
22740Sperryville, VA 2274021.6 mi6$3,390,000$559,000$565,000

Frequently Asked Questions

How many homes are for sale in NEW MARKET, VA 22844?

As of January 2026, there are 18 active listings in NEW MARKET, VA (zip code 22844), compared to 17 the prior year.

What is the median home price in NEW MARKET, VA 22844?

The median listing price in NEW MARKET, VA 22844 is $469,000 as of January 2026, a 1.8% decrease from $477,500 the prior year.

How long do homes stay on the market in NEW MARKET, VA?

Homes in NEW MARKET, VA 22844 spend an average of 119 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in NEW MARKET, VA 22844?

Based on current inventory and days-on-market data as of January 2026, NEW MARKET, VA 22844 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 119 days on market compared to 37 days last year.

How much can I save on real estate commission in NEW MARKET, VA?

With SELL123.com's maximum 3% commission, sellers in NEW MARKET, VA 22844 save an estimated $9,380 compared to a typical 5% commission on the median listing price of $469,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.