The median home in New Market, Tennessee is valued at $306,521, up 0.3% year over year. New Market is part of the Morristown, TN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$306,521

+0.3%

Prices rising — worse for buyers.

Affordability

Enter your income for New Market.

Income (annual)

Down Payment

$61,304 on $306,521

Example: $75,000 household income. Change it above to see your own.

Stretch30.4% of income

Above 28% but manageable with cuts.

PITI$1,898

P/I30.4%

Afford$283K

Gap-$24K

P&I $1,550Tax $181Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Tennessee

Compare New Market with other housing markets across Tennessee.

Brentwood$1.39M College Grove$1.23M Arrington$1.13M Lookout Mountain$977K Franklin$904K Nolensville$819K Thompsons Station$728K Eads$681K

Full Morristown, TN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Morristown, TN metro.

View Morristown, TN metro

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New Market, TN