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NEW MARKET, TN 37820

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

Market Overview

Active Listings
33
⇧ 26.9% vs 26 last year
Pending
11
33% pending ratio
Median Price
$467,450
⇩ 1.6% vs $474,900 last year
Average Price
$622,368
⇧ 14.1% vs $545,493 last year
Days on Market
73
⇧ 15.9% vs 63 days last year

Market Context

Population: 7,269  ·  Density: 41.5/mi²  ·  Median household income: $57,584

Typical home value: $175,451  ·  Homeownership: 82.3%

Market Analysis

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

The NEW MARKET, TN real estate market (37820) currently shows 33 active listings, with 11 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 63 days last year.

The median listing price has fallen 1.6% year-over-year, from $474,900 to $467,450.

Whether you are buying or selling in NEW MARKET, TN, 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: 33 this year vs 26 last year
  • Days on market: 73 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $467,450 (-1.6% YoY)
  • Average: $622,368 (+14.1% 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 20.5 miles — 978 listings ($514,927,789 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37820New Market, TN 378200.0 mi33$20,538,144$467,450$622,368
37871Strawberry Plains, TN 378716.8 mi32$19,682,720$390,950$615,085
37764Kodak, TN 377648.3 mi60$35,451,060$467,450$590,851
37877Talbott, TN 3787710.2 mi52$35,337,640$375,400$679,570
37861Rutledge, TN 3786111.5 mi29$14,127,408$422,450$487,152
37779Luttrell, TN 3777913.8 mi8$3,057,336$449,900$382,167
37914Knoxville, TN 3791414.8 mi121$38,779,653$303,882$320,493
37888Washburn, TN 3788815.9 mi7$3,086,797$339,000$440,971
37814Morristown, TN 3781416.8 mi168$76,164,984$415,000$453,363
37807Maynardville, TN 3780718.9 mi36$18,709,308$345,000$519,703
37918Knoxville, TN 3791819.3 mi212$85,471,404$361,000$403,167
37915Knoxville, TN 3791520.2 mi25$21,517,500$726,000$860,700
37863Pigeon Forge, TN 3786320.5 mi195$143,003,835$582,400$733,353

Frequently Asked Questions

How many homes are for sale in NEW MARKET, TN 37820?

As of January 2026, there are 33 active listings in NEW MARKET, TN (zip code 37820), compared to 26 the prior year.

What is the median home price in NEW MARKET, TN 37820?

The median listing price in NEW MARKET, TN 37820 is $467,450 as of January 2026, a 1.6% decrease from $474,900 the prior year.

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

Homes in NEW MARKET, TN 37820 spend an average of 73 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in NEW MARKET, TN 37820?

Based on current inventory and days-on-market data as of January 2026, NEW MARKET, TN 37820 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 63 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEW MARKET, TN 37820 save an estimated $9,349 compared to a typical 5% commission on the median listing price of $467,450. 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.