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Featured local agent — Martelle, IA
Sarah Mitchell
Compass Real Estate · Martelle, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Martelle, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$178,000median sale price
How is the Martelle, IA housing market right now?
The median home sale price in Martelle, IA is $178,000. Homes sell in an average of 117 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Martelle a buyer's or seller's market?
Martelle, IA is currently a balanced market, based on 1.0 months of supply and homes selling in about 117 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
117
Average pace
Active listings
1
1.0 months supply
Sale-to-list
93.7%
Below asking
What does the Martelle housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $178,000 |
| Average days on market | 117 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 93.7% |
| Median price per sq ft | $110/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Martelle by property type?
How the Martelle, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $178,000 | $110/sq ft | 1 | 117 days |
Source: Redfin · Updated monthly
The Martelle housing market is currently classified as a balanced market with a median sale price of $178,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 117 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Martelle
There are currently 1 homes listed for sale in Martelle, Iowa.
Active listings
1
Homes on market
Avg. days on market
117
Days until sale
Who lives in Martelle?
Population
432
Median income
$95,000/yr
Median age
33.7 years
Owner-occupied
84.5%
College grads
16.0%
Avg commute
28.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Martelle?
Zillow home value
$311,432
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Martelle?
Martelle is a community of approximately 0K residents with a median age of 33.7 years.The median household income is $95,000, which reflects a relatively affluent area with strong earning potential. 16.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Martelle offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Martelle, IA?
Want a head-to-head view? Compare Martelle side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Martelle?
The median home sale price in Martelle is $178,000, down 0.0% from last year.
How long do homes stay on market in Martelle?
Homes typically spend 117 days on market before going under contract.
What is the median income in Martelle?
The median household income is $95,000 per year.
Is Martelle a buyer's or seller's market?
With 1.0 months of supply, Martelle is currently a balanced market.
What is the Zillow home value estimate for Martelle?
The Zillow Home Value Index (ZHVI) for Martelle is $311,432, representing the typical home value in the area.
How much does a single-family home cost in Martelle?
The median single-family home price in Martelle, IA is $178,000 (about $110 per square foot).
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