Is Martin, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Martin has remained a Seller's Market.
Housing Prices in Martin, GA
How much do homes in Martin, GA cost?
Median Sold Price
$327,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Martin was $327,500 in April 2024, up 14.2% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $157.5K | -14.9% |
2 Bedrooms | $150.9K | $145K | -3.9% |
3 Bedrooms | $302.4K | $327.5K | +8.3% |
4 Bedrooms | $421K | $701.2K | +66.6% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: Martin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 66.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Rock Creek | $265K | $385K | +45.3% |
Eastanollee | $215K | $279.9K | +30.2% |
Martin | $286.9K | $327.5K | +14.2% |
Martin | $315K | $322.5K | +2.4% |
Housing Supply in Martin, GA
How many homes are available in Martin, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Summary: The Martin real estate market had 31 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Martin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 14 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Martin in April 2024, up by 600.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Martin, GA
How long does it take to sell a home in Martin, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 66 Days | +177.4% |
Summary: Homes in Martin had an average of 66 days on market in Apr 2024, up by 177.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Martin; 64% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.