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NEW MARKET, VA 22844

Real Estate Market Report  ·  Shenandoah County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The NEW MARKET, VA real estate market (22844) currently shows 24 active listings, with 5 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 26 days on market compared to 65 days last year.

The median listing price has fallen 3.1% year-over-year, from $479,999 to $465,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
24
⇧ 14.3% vs 21 last year
Pending
5
21% pending ratio
Median Price
$465,000
⇩ 3.1% vs $479,999 last year
Average Price
$581,750
⇩ 22.6% vs $751,735 last year
Days on Market
26
⇩ 60% vs 65 days last year

Price Per Square Foot

Median $/sqft
$211
⇧ 4.5% vs $202/sqft last year
Median Home Size
2,215 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 21 last year
  • Days on market: 26 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $465,000 (-3.1% YoY)
  • Average: $581,750 (-22.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 325 listings ($151,250,684 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22844New Market, VA 228440.0 mi14$9,760,646$476,500$697,189
22853Timberville, VA 228535.6 mi12$6,461,304$393,250$538,442
22815Broadway, VA 228158.2 mi24$12,451,824$389,000$518,826
22851Stanley, VA 2285110.6 mi29$9,593,026$307,413$330,794
22834Linville, VA 2283412.8 mi1$1,289,000$1,289,000$1,289,000
22810Basye, VA 2281014.5 mi20$9,107,760$485,500$455,388
22802Harrisonburg, VA 2280215.3 mi48$15,446,352$272,450$321,799
22652Fort Valley, VA 2265217.6 mi8$3,564,080$437,225$445,510
22664Woodstock, VA 2266417.7 mi40$18,887,600$409,450$472,190
22827Elkton, VA 2282718.7 mi25$12,520,275$359,900$500,811
26812Mathias, WV 2681219.3 mi5$2,188,125$388,500$437,625
22820Criders, VA 2282019.7 mi1$750,000$750,000$750,000
22801Harrisonburg, VA 2280121.2 mi98$49,230,692$449,475$502,354

Frequently Asked Questions

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

As of April 2026, there are 24 active listings in NEW MARKET, VA (zip code 22844), compared to 21 the prior year.

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

The median listing price in NEW MARKET, VA 22844 is $465,000 as of April 2026, a 3.1% decrease from $479,999 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 26 days on the market before going under contract, compared to 65 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 April 2026, NEW MARKET, VA 22844 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 65 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 $9,300 compared to a typical 5% commission on the median listing price of $465,000. 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.