Today’s View – December 28, 2016 – New Market Md. Rentals
This is a market report on residential rentals in New Market, Md. 21774. New Market is community located along Route 70 west of Baltimore and east of Frederick. At the time of this report (12/28/16) there are a total of 10 such homes on the market FOR RENT, none with applications waiting on landlord decision, and 4 that have completed the process in the last 30 days.
Two Bedrooms
Currently there is one two-bedroom places on the market for rent. This home is currently list for $1,500 and has been on the market for 3 weeks (23 days).
There are no two-bedroom rental applications waiting on a landlord decision and none that have successfully completed the process in the last 30 days.
Three bedrooms
Currently, there are 6 three-bedroom rentals on the market in the New Market zip code. These places are currently listed for between $1,350 and $2,300 per month, with the median being $1,773. These rentals have been on the market for between a week (7 days) to approaching 4 months (109 days), with the median be 1.5 months (44 days).
Currently, there are no three-bedroom rental applications waiting on a landlord to make a decision.
In the last 30 days, 1 lease has been signed for a three-bedroom rental in New Market, Md. This home rented for $2,500 after being on the market 2.5 month (77 days).
Four bedrooms
Currently, there are 2 four-bedroom rentals on the market in the New Market zip code. These rentals are currently listed for $2,195 per month having been on the market for 2 weeks (13 days) and the other is currently listed for $4,400 having been on the market for 1 week (5 days).
Currently there are no four-bedroom rental applications waiting on the landlord to make a decision.
In the last 30 days, 3 four-bedroom leases have been signed. These place rented for between $2,600 and $2,975, with the median being $2,600. The days on market have ranged from approaching 1.5 months (38 days) to approaching 5 months (141 days), with the median being 1.5 months (42 days).
Five bedrooms
Currently there is 1 five-bedroom place on the market for rent. This home is currently list for $2,500 and has been on the market for 2 weeks (16 days).
There are no five bedroom rental applications waiting on a landlord decision and none that have successfully completed the process in the last 30 days.
If you have any questions about this report or the services of our Property Management Division here is a way to ask me. I look forward to helping you with your real estate needs.
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