104 Courtyard Ter · New Market, VA 22844

$499,000

3 bd · 2.0 ba · 3,136 sqft · SingleFamily public records · 307 Days on market

Built 2006 8,494 sqft lot $159/sqft · 24% above area Est $609k · 18% under $50/mo HOA · 3% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Appreciation +9.9/10.0
• Schools +4.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Cash flow +2.2/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

Key facts

• Finished basement
• Granite countertops
• Hardwood floors

Tags

• HARDWOOD FLOORS
• GRANITE COUNTERTOPS
• BOSCH KITCHEN APPLIANCES
• OPEN-CONCEPT LAYOUT
• FINISHED BASEMENT
• KINETICO WATER SYSTEM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $499k.

Deal economics

• At list price, monthly cash flow is $-2k ($-22k/yr) — negative.
• To cash-flow at today's rent, offer at most $172k (65.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $168k (66.3% below list).
• Recommended offer: $168k (66.3% below list) — sets the bar for 1% rule.
• Cap rate 2.0% vs local median 2.5% in New Market — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 63/100 on livability (#372 in VA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A, health & safety A; Watch: employment D, schools F, amenities F.
• Shenandoah County Public School District (town): math 46% / reading 58% proficiency, ranked #91 of 131 in VA (top 70%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 41 active listings in the ZIP; 224 units permitted in Shenandoah County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $52k of equity ($3k loan paydown + $49k appreciation (9.8% local appreciation)).
• Shenandoah County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$84k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 307 days — a 12% lower offer ($439k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $76k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,927 (66.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 307 days. Have you received any prior offers? Is the seller open to a 66% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.34% ✗
• Cap rate: 1.98%
• Cash-on-cash: -15.42%
• DSCR: 0.31
• GRM: 24.8

CMA / ARV

• ARV (median comp): $608,644
• List price: $499,000
• Delta: -18.01%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

9.78% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.7%
• Equity multiple: 2.05×
• Total profit: $146,389
• Equity at exit: $441,683

10-year hold

• IRR: 13.1%
• Equity multiple: 4.73×
• Total profit: $521,565
• Equity at exit: $944,267

Cash invested: $139,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 22844

• Home prices YoY: 3.1%
• Active inventory: 41
• Price-to-rent: 24.8×

Monthly cashflow live

• Estimated rent: $1,679 medium
• Mortgage (P&I): −$2,617
• Tax from tax record: −$247 /mo · $2,961/yr
• Insurance: −$208
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$50
• Vacancy / Maint / Mgmt: −$353
• Net cashflow: $-1,850

Break-even live

Break-even rent $4,022

Max offer price $172,116

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $124,750
• Closing costs: $14,970
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $50 · $600/yr
• Likely covers: water

Listing history 41 events

1. 2026-06-18
   price $499,000 Active 307 DOM
2. 2026-06-18
   days on market $517,500 Active 307 DOM
3. 2026-06-17
   days on market $517,500 Active 306 DOM
4. 2026-06-16
   days on market $517,500 Active 305 DOM
5. 2026-06-15
   days on market $517,500 Active 304 DOM
6. 2026-06-13
   days on market $517,500 Active 302 DOM
7. 2026-06-13
   days on market $517,500 Active 301 DOM
8. 2026-06-09
   days on market $517,500 Active 298 DOM
9. 2026-06-08
   pricedays on market $517,500 Active 297 DOM
10. 2026-06-07
    days on market $525,000 Active 296 DOM
11. 2026-06-04
    days on market $525,000 Active 293 DOM
12. 2026-06-03
    days on market $525,000 Active 292 DOM
13. 2026-06-02
    days on market $525,000 Active 291 DOM
14. 2026-06-01
    days on market $525,000 Active 290 DOM
15. 2026-05-31
    days on market $525,000 Active 289 DOM
16. 2026-05-12
    price $525,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

17. 2026-05-12
    price $525,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

18. 2026-04-21
    price $537,500 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

19. 2026-04-21
    price $537,500 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

20. 2026-03-17
    price $539,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

21. 2026-03-17
    price $539,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

22. 2026-01-05
    price $544,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

23. 2026-01-05
    price $544,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

24. 2025-11-03
    price $545,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

25. 2025-11-03
    price $545,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

26. 2025-10-07
    price $555,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

27. 2025-10-07
    price $555,000 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

28. 2025-09-17
    price $564,900 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

29. 2025-09-17
    price $564,900 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

30. 2025-08-15
    listed $575,000 Active 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

31. 2025-08-14
    listed $575,000 Active 905-char remark

    Show marketing remark (905 chars)

    Welcome to this beautifully maintained single-level home featuring 3 bedrooms and 3 full bathrooms, perfect for comfortable living and entertaining. Step inside to find gleaming hardwood floors, granite countertops, new Bosch kitchen appliances, and an open-concept layout that offers plenty of natural light and space to relax. Enjoy main-level living with generous room sizes and a seamless flow throughout. The large finished basement adds valuable space, boasts a Kinetico water system, complete with an additional bedroom and full bath—ideal for guests or a private retreat. Outdoor living is just as inviting, with a nice deck overlooking mountain views, perfect for morning coffee or evening gatherings. A dedicated golf cart or lawn mower garage adds convenience and utility. Located just off of Shenvalee Golf Resort, this home offers the best of both indoor comfort and outdoor recreation.

32. 2022-02-15
    soldstatus $464,900
33. 2022-02-14
    soldstatus $464,900 Sold
34. 2022-02-14
    soldstatus $464,900 Closed
35. 2022-02-08
    status Pending
36. 2022-01-01
    historical Active Under Contract
37. 2022-01-01
    status Pending
38. 2021-12-17
    status Active
39. 2021-10-27
    historical Active Under Contract
40. 2021-10-15
    listed $459,900 Active
41. 2021-10-15
    listed $459,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $2,961 · $247/mo
• Projected year-2 tax: $4,092 · $341/mo
• Expected delta: +$1,131/yr (+$94/mo · 38.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥94°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,151
• − Mortgage interest: −$27,952
• − Property taxes: −$2,961
• − Insurance: −$3,162
• − Repairs & maintenance: −$1,612
• − Management: −$1,612
• − HOA: −$600
• − Depreciation: −$14,516
• Taxable loss: −$32,264
• Est. tax savings @ 24.0%: +$7,743
• After-tax cash flow: $-14,462/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Shenandoah County Public School District
• NCES district ID: 5103510
• Math proficiency: 46% ▼ -30.00%
• Reading proficiency: 58% ▼ -9.00%
• Median HH income: $50,207
• Composite: 44.42/100
• National rank: #2811
• State rank: #91 of 131 in VA

Livability — New Market

• Score: 63/100
• State rank: #372
• US rank: #15038

Category grades

Amenities F Commute F Cost of living A Crime A+ Employment D Housing B- Health & safety A User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Market, VA
• Population (ZIP): 4,674

Population outlook (Shenandoah County) Hauer SSP2

• Today (2025): 44,891 people
• By 2030: 45,630 · +1.6%
• By 2040: 46,708 · +4.0%
• By 2050: 47,072 · +4.9%
• By 2075: 47,418 · +5.6%
• By 2100: 43,707 · -2.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Hispanic / Latino 4% Black 3% Two or more races 3%
• Common ancestry: Lithuanian 2% Slovak 2% Danish 2%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 4% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Shenandoah

• 2024 margin: Solid R (+42.2) · D 28.4% · R 70.6% · Other 1.0%
• 2008→2024 swing: -15.8pp toward R · 2008: -26.5pp · 2024: -42.2pp
• All cycles: 2024: R+42.2 2020: R+40.6 2016: R+43.3 2012: R+31.4 2008: R+26.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.78%
• Current HPI: 328.5512
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+14.2% since first listed

26 events — show timeline

• 2026-05-12 Price Changed $525,000 BRIGHT MLS
• 2026-05-12 Price Changed $525,000 HRAR
• 2026-04-21 Price Changed $537,500 BRIGHT MLS
• 2026-04-21 Price Changed $537,500 HRAR
• 2026-03-17 Price Changed $539,000 BRIGHT MLS
• 2026-03-17 Price Changed $539,000 HRAR
• 2026-01-05 Price Changed $544,000 BRIGHT MLS
• 2026-01-05 Price Changed $544,000 HRAR
• 2025-11-03 Price Changed $545,000 BRIGHT MLS
• 2025-11-03 Price Changed $545,000 HRAR
• 2025-10-07 Price Changed $555,000 BRIGHT MLS
• 2025-10-07 Price Changed $555,000 HRAR
• 2025-09-17 Price Changed $564,900 BRIGHT MLS
• 2025-09-17 Price Changed $564,900 HRAR
• 2025-08-15 Listed $575,000 BRIGHT MLS
• 2025-08-14 Listed $575,000 HRAR
• 2022-02-15 Sold (Public Records) $464,900 Public Records
• 2022-02-14 Sold (MLS) $464,900 BRIGHT MLS
• 2022-02-14 Sold (MLS) $464,900 HRAR
• 2022-02-08 Pending — BRIGHT MLS
• 2022-01-01 Contingent — BRIGHT MLS
• 2022-01-01 Pending — HRAR
• 2021-12-17 Relisted — BRIGHT MLS
• 2021-10-27 Contingent — BRIGHT MLS
• 2021-10-15 Listed $459,900 BRIGHT MLS
• 2021-10-15 Listed $459,900 HRAR

Property tax history

+3.4%/yr

Latest (2025): $2,961 · +0.0% YoY. Source: county tax records.