The Newmarket housing market is very competitive. The median sale price of a home in Newmarket was $483K last month, up 55.6% since last year. The median sale price per square foot in Newmarket is $214, up 22.3% since last year.
What is the housing market like in Newmarket today?
In January 2025, Newmarket home prices were up 55.6% compared to last year, selling for a median price of $483K. On average, homes in Newmarket sell after 88 days on the market compared to 63 days last year. There were 2 homes sold in January this year, down from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$482,500
+55.6% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Newmarket, KY
$482,500
+55.6%
United States
To compare other locations to the Newmarket and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lexington add value to a home.
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How hot is the Newmarket housing market?
Newmarket is very competitive. Homes sell in 10 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 10 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.6%
-2.7 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Newmarket housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Newmarket.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Newmarket has a minor risk of flooding. 30 properties in Newmarket are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Newmarket. Flood risk is increasing slower than the national average.
96% of properties are at risk of wildfire over the next 30 years
Fire Factor
Newmarket has a moderate risk of wildfire. There are 393 properties in Newmarket that have some risk of being affected by wildfire over the next 30 years. This represents 96% of all properties in Newmarket.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Newmarket has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Newmarket is most at risk from hurricanes. 408 properties in Newmarket have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.