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Featured local agent — Martin, TN
Sarah Mitchell
Compass Real Estate · Martin, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Martin, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$285,000median sale price
How is the Martin, TN housing market right now?
The median home sale price in Martin, TN is $285,000, up 32.6% year-over-year. Homes sell in an average of 89 days with 28 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Martin a buyer's or seller's market?
Martin, TN is currently a balanced market, based on 2.5 months of supply and homes selling in about 89 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
89
Average pace
Active listings
28
2.5 months supply
Sale-to-list
94.1%
Below asking
What does the Martin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $274,900 |
| Year-over-year price change | +32.6% |
| Average days on market | 89 days |
| Active inventory | 28 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 94.1% |
| Median price per sq ft | $124/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 15 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Martin by property type?
How the Martin, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $285,000 | $124/sq ft | 11 | 89 days |
| Condo / Co-op | $176,000 | $164/sq ft | 1 | 43 days |
Source: Redfin · Updated monthly
The Martin housing market is currently classified as a balanced market with a median sale price of $285,000. Prices have risen 32.6% compared to last year, with homes spending an average of 89 days on market, indicating 2.5 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 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Martin
There are currently 28 homes listed for sale in Martin, Tennessee. The median listing price is $275K.
Active listings
28
Homes on market
Median list price
$275K
Avg. days on market
89
Days until sale
New this week
15
Newly listed
Who lives in Martin?
Population
10,864
Median income
$41,510/yr
Median age
25.1 years
Owner-occupied
43.3%
College grads
29.3%
Avg commute
14 min
Source: U.S. Census Bureau ACS
What are homes worth in Martin?
Zillow home value
$224,769
Zillow rent index
$930/mo
Price-to-rent ratio
20.1x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Martin?
Martin is a community of approximately 11K residents with a median age of 25.1 years.The median household income is $41,510, which represents a working-class community with solid middle-income opportunities. 29.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 43.3%, showing a blend of owner and renter-occupied properties. The average commute time is 14 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Martin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Martin?
4 schools tracked · 1,811 students
The largest public schools serving Martin, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Westview High School
Grades 9-12 · 590 students
Martin Primary
Grades PK-2 · 446 students
Martin Middle School
Grades 6-8 · 435 students
Martin Elementary
Grades 3-5 · 340 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Martin, TN?
Want a head-to-head view? Compare Martin side-by-side with any other U.S. city using our market-comparison tool.
Is Martin a good real estate investment market?
For investors evaluating Martin, the price-to-rent ratio of 20.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 32.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Martin's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Martin's median home price.
Frequently asked questions
What is the average home price in Martin?
The median home sale price in Martin is $285,000, up 32.6% from last year.
How long do homes stay on market in Martin?
Homes typically spend 89 days on market before going under contract.
What is the median income in Martin?
The median household income is $41,510 per year.
Is Martin a buyer's or seller's market?
With 2.5 months of supply, Martin is currently a balanced market.
What is the Zillow home value estimate for Martin?
The Zillow Home Value Index (ZHVI) for Martin is $224,769, representing the typical home value in the area.
What is the median condo price in Martin?
The median condo/co-op sale price in Martin, TN is $176,000, compared to $285,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Martin?
The median single-family home price in Martin, TN is $285,000 (about $124 per square foot).
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