Home values, rents and more in New Market, TN
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open New Market in ProMap- Under $300k
- $300k–$310k
- $310k–$320k
- $320k+
- No data
How New Market compares
The typical home in New Market, TN is worth about $317,000, according to the Zillow Home Value Index for September 2026. Home values in New Market are 7% above the typical value in the Morristown metro area ($297,000) and 13% below the U.S. typical value ($366,000).
Over the past year, home values in New Market rose 4.0%, compared with +2.7% in the Morristown metro area and +1.2% nationally.
The median household income is $72,321, against $60,553 in the Morristown metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 1,619 people live in New Market (American Community Survey 2020–24).
New Market has the 3rd-highest typical home value of the 8 cities in the Morristown metro area and the 115th-highest of 394 in Tennessee with Zillow figures.
Part of: Jefferson County, TN · Morristown metro area · Tennessee
More for New Market in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for New Market and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in New Market, TN
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.