Market report, updated

Heritage Lakes Home Values and Market Report

Condo, Single Family Residential, Townhome search in the subdivision of Heritage Lakes, in the city of New Market

Create your own market report
WyzeRealty.com
Report prepared by WyzeRealty.com Wyze Realty
Wyze Realty logo

Market report · Updated October 31, 2026

As of October 31, 2026, 15 homes sold in Heritage Lakes in the last 12 months at a median price of $283,454 ($158 per sq ft, down 2.6% from a year earlier). Sellers got a median 100.0% of their original asking price, and 13% of homes went from listing to closing within 60 days. New construction made up 80% of sales: resale homes sold for a median 98.1% of their original price, new construction for 100.0%. 10 homes are for sale now.

Compiled by George Lensch, Broker-Owner, Wyze Realty, from Valley MLS data. The numbers below update live.

Heritage Lakes at a Glance

Time period:
15homes sold, last 12 months
$283,454median sale price (average $288,548)
$158median price per sq ft
139 daysmedian from listing to closing
100.0% / 100.0%of original / of final asking price, median
87%sold at or above asking price
10 / 2for sale now / under contract (median asking $288K / $262K)
8.0months of supply at the last year's pace (buyer's market)
80%of sales were new construction (12 of 15), last 12 months
5 of 10homes for sale now are new construction
-2.6%price per sq ft vs. the same months a year earlier ($158 vs. $162)
11% belowwhat listings ask per sq ft vs. recent sales ($141 vs. $158)
Mixed market: 80% of Heritage Lakes sales in the last 12 months were new construction, and 5 of the 10 homes for sale now are new. Builders rarely cut prices and often pay buyer costs instead, so the numbers above blend two different markets. Here they are side by side, or use the Show buttons to see one at a time:
ResaleNew construction
Sales312
Median Price$285K$276K
Per sq ft$150$161
% of Original Price98.1%100.0%
Days, Listing to Closing49150

Live from the Valley MLS as of October 31, 2026.

Heritage Lakes is a neighborhood that Valley MLS listings place in New Market, ZIP 35761 (Madison County). Most homes here were built in 2023. Most are one-story homes. Valley MLS listings show it zoned for Lynn Fanning Elementary, Meridianville Middle and Hazel Green High; confirm any address with the school district. This page tracks what Heritage Lakes homes are actually selling for, updated live from Valley MLS.

What Is Your Heritage Lakes Home Worth?Free, no-obligation price opinion from a local agent, based on the sales below.Get My Home ValueCall or Text (256) 808-6861

What Homes Like Yours Sold For

Find your home's size below. This is the quickest honest starting point for what your home might sell for. Condition, updates, lot and the exact street still move the number, which is why a walk-through matters.

Type your home's finished square footage to see the range similar Heritage Lakes homes sold for in the period selected above.

Your Competition Right Now

Homes for sale in Heritage Lakes today. If you list now, these are the homes buyers will compare yours with. The comparison with sold prices follows the time period you picked above.

Loading current listings...

See Every Heritage Lakes Home for Sale, Under Contract and Sold ↓

Get Heritage Lakes Market Updates by EmailNew sales, price changes and the monthly Heritage Lakes report, free. Unsubscribe anytime.Get monthly updates

Sales in Heritage Lakes, Last 12 Months

Heritage Lakes vs. Nearby Subdivisions

Buyers shopping Heritage Lakes usually look at these too. Sales from the last 12 months in the same ZIP code, nearest first. Tap a name to open its report.

Thinking of Selling in Heritage Lakes?

Pricing against the right sales matters more than anything else. We will walk through your home with you, show you which of the sales above really compare to it, tell you what is worth fixing before you list and what is not, and give you a price range and a plan. You decide from there, with no pressure either way.

Get Your Heritage Lakes Price OpinionWe will look at your home, the sales above and what is for sale now, and give you a straight answer.Get My Home ValueSend a Message

More on the neighborhood itself, including location, schools and homes for sale: Heritage Lakes neighborhood guide. Also see the New Market market report and market stats by town. For the bigger picture, see the Huntsville market analytics: price trends, a same-neighborhood price index and how long homes take to sell. Want a report for a different area or price range? Create your own market report.

Heritage Lakes Home Value Questions

How much is my Heritage Lakes home worth?

As of October 31, 2026, 15 homes sold in Heritage Lakes in the last 12 months at a median price of $283,454, about $158 per square foot. Homes of a similar size are the best guide: use the size table and the estimator on this page. Condition, updates, lot and street can move a home well above or below those figures. For a real number, request a free home value and we will compare your home with the closest recent sales.

How long does it take to sell a home in Heritage Lakes?

In the last 12 months, the median Heritage Lakes home took 139 days from listing to closing, and 13% sold within 60 days of listing. That includes the time under contract, usually 30 to 45 days for a financed sale. Homes priced in line with recent sales tend to sell faster than ones priced above them.

Are home prices going up in Heritage Lakes?

Price per square foot in Heritage Lakes was $158 in the last 12 months, down 2.6% from the same months a year earlier ($162). A handful of sales can swing this in a small neighborhood, so treat it as a direction, not a precise change for any one home.

What schools serve Heritage Lakes?

Valley MLS listings in Heritage Lakes show Lynn Fanning Elementary, Meridianville Middle and Hazel Green High. School zones can change, so always confirm a specific address with the district.

Source: Valley MLS sales and listings for homes, townhomes and condos with the subdivision listed as Heritage Lakes. The summary at the top is dated; the rest of the page updates live. Figures are medians and include only sales reported through Valley MLS. Days are counted from listing to closing. This is general market information, not an appraisal or a value opinion for any specific home. Information deemed reliable but not guaranteed.

Market at a glance

Over the last 12 months, homes sold for 101.1% of list price in 139 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $318K Sold · $327K
$390K$340K$290K$240K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Sep. Last month: 3.

Where the market stands

All homes in this report, by status.

27homes
Active10 · 37%
Under contract2 · 7%
Sold (12 mo)15 · 56%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$293K
Under contract$262K
Sold$289K

Average days on market

Active95 days
Under contract116 days
Sold139 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 10
Average list price $292,696
Avg. days on market 95 days
Avg. price per ft² $147
Avg. living area 2,015 ft²
Avg. beds / baths 3.7 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 10 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

107 Saylor Rose Drive$185
163 Heritage Lakes Boulevard$174
121 Heritage Lakes Boulevard$166
104 Saylor Rose Drive$149
159 Heritage Lakes Boulevard$142
106 Elaina Grey Court$139
114 Bella May Lane$137

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
114 Bella May LaneNew Market, AL 35761 432,461$339,000$13713 days
124 Bella May LaneNew Market, AL 35761 432,452$318,243$12939 days
170 Heritage Lakes BoulevardNew Market, AL 35761 42.52,438$299,957$12330 days
171 Heritage Lakes BoulevardNew Market, AL 35759 42.52,182$295,067$13525 days
104 Saylor Rose DriveNew Market, AL 35761 421,964$293,900$149247 days
163 Heritage Lakes BoulevardNew Market, AL 35761 321,620$281,900$174219 days
159 Heritage Lakes BoulevardNew Market, AL 35761 421,964$279,900$14260 days
107 Saylor Rose DriveNew Market, AL 35761 321,484$275,000$18567 days
106 Elaina Grey CourtNew Market, AL 35761 421,972$275,000$139126 days
121 Heritage Lakes BoulevardNew Market, AL 35761 321,620$269,000$166120 days
WyzeRealty.com

Questions about this market?

Wyze Realty logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

WyzeRealty.com Wyze Realty

Next steps

How much is your home worth?

Free and instant. We can follow up with a detailed valuation.

Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..

This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.