Is New Market, AL 35761 a buyer’s or seller’s market?

The New Market housing market right now

In the three months ending August 31, 2026, 22% of homes in New Market, AL 35761 sold above their list price, the typical home went under contract in 75 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 110 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold faster (77 days then) and the median sale price rose 4% to $300,590. Overall, New Market is more competitive than a year ago, so tougher for buyers.

Within Madison County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, New Market ranks #86 of 249 AL ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Huntsville 35801 (10% sold over asking) or Huntsville 35816 (13% sold over asking), while New Hope 35760 (38% sold over asking) and Gurley 35748 (27% sold over asking) are even more competitive.