House Prices

House Prices & Home Values New Market, IA 2026


Average Data

average house price$204,580
average size per house1692 ft²
average price per ft²121 $ / ft²

04/18/2026 - The value range (VR) for house prices in New Market, IA is $121/ sqft to $121/ sqft. An average home with 1692 sqft costs approximately $204,732 to $204,732. New Market, IA includes 1 ZIP codes and it is located in Taylor county. The lowest prices are found in ZIP 51646, while the highest are in ZIP 51646. The average price per sqare feet is $121. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes New Market

51646134 $ / ft²




Historical development of home values in New Market

Year Estimated value (USD) Change vs. 2025
2010 $95,011 -53.6%
2011 $91,337 -55.4%
2012 $91,091 -55.5%
2013 $94,495 -53.8%
2014 $99,194 -51.5%
2015 $104,285 -49.0%
2016 $109,727 -46.4%
2017 $115,650 -43.5%
2018 $122,044 -40.3%
2019 $127,703 -37.6%
2020 $134,304 -34.4%
2021 $152,757 -25.3%
2022 $178,080 -13.0%
2023 $187,793 -8.2%
2024 $198,658 -2.9%
2025 $204,580 0.0%

Graph: estimated home values in New Market over time (USD)



Example: 100% financing house in New Market

Loan amount: $204,580

Interest rate: 6.00%

Fixed monthly payment: $1,226.56

Breakdown in the 1st month:
Interest portion: $1,022.90  –  Principal portion: $203.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,206.46 $2,512.27 $202,067.73
2 $12,051.51 $2,667.22 $199,400.52
3 $11,887.00 $2,831.73 $196,568.79
4 $11,712.35 $3,006.38 $193,562.41
5 $11,526.92 $3,191.81 $190,370.60
6 $11,330.05 $3,388.67 $186,981.93
7 $11,121.05 $3,597.68 $183,384.26
8 $10,899.15 $3,819.57 $179,564.68
9 $10,663.57 $4,055.16 $175,509.53
10 $10,413.46 $4,305.27 $171,204.26
11 $10,147.92 $4,570.81 $166,633.45
12 $9,866.00 $4,852.73 $161,780.72
13 $9,566.69 $5,152.03 $156,628.69
14 $9,248.93 $5,469.80 $151,158.89
15 $8,911.56 $5,807.16 $145,351.73
16 $8,553.39 $6,165.34 $139,186.39
17 $8,173.12 $6,545.60 $132,640.79
18 $7,769.41 $6,949.32 $125,691.47
19 $7,340.79 $7,377.94 $118,313.53
20 $6,885.73 $7,832.99 $110,480.54
21 $6,402.61 $8,316.12 $102,164.42
22 $5,889.69 $8,829.04 $93,335.39
23 $5,345.13 $9,373.59 $83,961.80
24 $4,766.99 $9,951.73 $74,010.06
25 $4,153.19 $10,565.53 $63,444.53
26 $3,501.53 $11,217.19 $52,227.33
27 $2,809.68 $11,909.05 $40,318.29
28 $2,075.16 $12,643.57 $27,674.72
29 $1,295.33 $13,423.40 $14,251.32
30 $467.40 $14,251.32 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in New Market, IA


1500 sqft3900 sqft
Ø selling price$219,616$467,182
Ø fast selling$199,651$420,463
Ø high price sale$239,581$513,900

In 2026, houses in New Market, IA will be offered at an average price of $121 per square foot. A 1,500 sqft home priced at $219,616 is 25.30% more expensive per square foot than a 3,900 sqft home priced at $467,182. Home prices in New Market, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $323,433. Sellers who can wait longer may achieve a higher price of up to $395,308.


New Market, IA: Small-Town Living in Southwest Iowa

Overview

New Market, IA is a welcoming small town in Taylor County that blends rural charm with classic Midwest hospitality. Nestled in southwest Iowa, the community sits a short drive from Clarinda and Bedford with easy connections to Iowa Highway 2 and regional routes.
Its railroad-era heritage shapes a quiet downtown and a deep sense of local pride that visitors immediately notice.

Lifestyle and Things to Do

Outdoor enthusiasts find nearby parks, lakes, and county conservation areas for fishing, hiking, and easy family picnics. The local economy centers on agriculture, trades, and small businesses, and entrepreneurs appreciate the supportive, relationship-based market.
Seasonal events, school activities, and volunteer groups bring neighbors together and keep community traditions thriving.

Housing, Schools, and Access

With a low cost of living and diverse housing options, New Market Iowa real estate ranges from classic in-town homes to peaceful acreage properties. Families value the close-knit school environment in nearby districts, where small class sizes and extracurriculars help students grow.
Residents access healthcare, groceries, and dining in surrounding county seats and regional hubs while enjoying the town?s quiet pace at home. Whether you are visiting, relocating, or investing, discovering New Market, IA reveals a friendly, low-stress lifestyle in the heart of southwest Iowa.



FAQ – Home Values in New Market

What is the median home value in New Market in 2026?

In 2026, the typical home value in New Market is about $204,580 for an average home size of 1692 square feet. This corresponds to an average price of roughly $121 per square foot.

What is the average cost per square foot in New Market?

In 2026, homes in New Market sell for an average of around $121 per square foot, with a typical range between $121 and $121 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in New Market is about 1692 square feet, with an estimated 2026 value around $204,580.



Locations close to New Market, IA

Northboro, IA92 $ / ft²
Percival, IA83 $ / ft²
Randolph, IA91 $ / ft²
Imogene, IA96 $ / ft²
Hamburg, IA87 $ / ft²
Farragut, IA81 $ / ft²
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