Is Martin, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Martin has remained a Buyer's Market.
Housing Prices in Martin, GA
How much do homes in Martin, GA cost?
Median Sold Price
$312,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Martin was $312,000 in March 2024, up 3.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $157.5K | N/A |
2 Bedrooms | - | $166K | N/A |
3 Bedrooms | $286.9K | $318.5K | +11.0% |
4 Bedrooms | $389.9K | $600.7K | +54.1% |
5+ Bedrooms | - | $450K | N/A |
Summary: Martin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 54.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Eastanollee | $220K | $279.9K | +27.2% |
Martin-Avalon | $246K | $277.4K | +12.8% |
Martin | $302.5K | $312K | +3.1% |
Martin | $330K | $318.5K | -3.5% |
Housing Supply in Martin, GA
How many homes are available in Martin, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 29 | +26.1% |
Summary: The Martin real estate market had 29 homes for sale in March 2024, a 26.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Martin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 2 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Martin in March 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 94 Days | +327.3% |
Summary: Homes in Martin had an average of 94 days on market in Mar 2024, up by 327.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Martin; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.