The Unshakable Investor

Unshakable ZIP Data 37820 | New Market, TN Housing Market

New Market · Jefferson County · Morristown, TN metro · Tennessee · Data updated June 19, 2026

The median sale price in ZIP 37820, New Market, Tennessee is $359,893 at $208 per square foot. 24 single-family homes sold in the latest period, up 7.6 percent from a year earlier. Homes sit a median of 65 days on market with 2.5 months of supply. Sellers are getting 98.4 percent of list price and 13.1 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$320,350
Average price per sq ft$185
Median sale price$359,893
Median sale price per sq ft$208
Median home size1,734 sq ft
Median new listing price$408,954-6.8%
National size rank10,062

Sales activity

MetricValueYear over year
Homes sold24+7.6%
Median days on market65 days
Months of supply2.5 months
New listings26+25.7%
Active listings46+11.2%
Pending sales26+38.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.4%+2.1 pts
Share sold above list13.1%+8.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

3-bedroom
$341,180

These figures describe the single-family market for New Market, Tennessee ZIP 37820. They are market context, not a substitute for sold comps or a formal appraisal.