Call or Text (240) SELL-123

NEW MARKET, VA 22844

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

Market Analysis

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

The NEW MARKET, VA real estate market (22844) currently shows 15 active listings, with 2 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 92 days on market compared to 58 days last year.

The median listing price has risen 13.2% year-over-year, from $412,000 to $466,375.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NEW MARKET, VA 22844 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
15
⇩ 6.3% vs 16 last year
Pending
2
13% pending ratio
Median Price
$466,375
⇧ 13.2% vs $412,000 last year
Average Price
$626,847
⇩ 20.7% vs $790,311 last year
Days on Market
92
⇧ 58.6% vs 58 days last year

Price Per Square Foot

Median $/sqft
$207
⇩ 11.5% vs $234/sqft last year
Median Home Size
2,144 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 16 last year
  • Days on market: 92 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $466,375 (+13.2% YoY)
  • Average: $626,847 (-20.7% 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 March 2026, there are 15 active listings in NEW MARKET, VA (zip code 22844), compared to 16 the prior year.

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

The median listing price in NEW MARKET, VA 22844 is $466,375 as of March 2026, a 13.2% increase from $412,000 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 92 days on the market before going under contract, compared to 58 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 March 2026, NEW MARKET, VA 22844 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 92 days on market compared to 58 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 $9,328 compared to a typical 5% commission on the median listing price of $466,375. 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.