Is Martin, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Martin is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Martin has remained a Seller's Market.

Key Takeaway

Martin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Martin, OH

How much do homes in Martin, OH cost?

Median Sold Price

$45,000

$37/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$2,000(+4.7%)

Key Takeaway

Homes in Martin have sold for 4.7% more than they did a month ago.

Summary: The median home sold price in Martin was $45,000 in March 2024, up 4.7% from last month, and the median price per square foot was $37.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$45K
N/A
3 --
N/A
4 $43K-
N/A
5+ --
N/A

Summary: Martin housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Allen Township
+185.6%
Curtice
+43.9%
Martin
+4.7%

Housing Supply in Martin, OH

How many homes are available in Martin, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32-33.3%

Summary: The Martin real estate market had 2 homes for sale in March 2024, a 33.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Martin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Martin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Martin in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Martin, OH

How long does it take to sell a home in Martin, OH?

Average Sale Time

Feb 2024Mar 2024CHANGE
51 Days27 Days-47.1%

Summary: Homes in Martin had an average of 27 days on market in Mar 2024, down by 47.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Martin are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Martin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Martin, OH

Nearby Markets to Martin, OH

What housing markets are near Martin, OH?