If you need assistance, please call 423-438-7077

New Market Market Report

$519,701

AVERAGE PRICE OF 72 HOMES

$1,902,128

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$569,100

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$824,900

AVERAGE PRICE OF 2 HOMES WITH A POOL

$618,266

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $519,701
Avg Bedrooms 1.43 beds
Avg Bathrooms 1.02 baths

Average Price by Bedrooms

2 bedrooms $312,500
3 bedrooms $597,090
4 bedrooms $654,362
5 bedrooms $399,900
New Market Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 66 65 64 49 44
Average Price $548,354 $549,999 $495,647 $436,125 $390,689
Avg Price Change -0.30% +10.97% +13.65% +11.63% +4.26%
Median Price $474,447 $428,284 $406,344 $409,290 $353,352
Med Price Change +10.78% +5.40% -0.73% +15.83% +9.95%
Avg Bedrooms 1.68 beds 1.86 beds 2.01 beds 2.04 beds 1.92 beds
Avg Bathrooms 1.13 baths 1.26 baths 1.3 baths 1.4 baths 1.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Jefferson 16 $422,846 60 days
Jefferson County 23 $613,754 60 days
Total Homes Average Price Avg Days on Site
All Homes 72 $519,701 93 days
Multi-Million Dollar Homes 7 $1,902,128 86 days
Newly Built Homes 6 $569,100 43 days
Homes with a Pool 2 $824,900 119 days
Reduced Price Homes 3 $618,266 16 days
Greater Impact Realty Lakeway | Cantwell Property Group
Ben Cantwell
144 Cold Creek Dr
Morristown, TN 37814
423-438-7077

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2025. All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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