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.
Key Takeaway
Martin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Martin have sold for 14.2% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Martin, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
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
Key Takeaway
Many homes in Martin are selling fast, if you're buying plan to act quickly.
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.