$3,561 Closing Credit*
$299,900
1,500 SqFt
3 Beds
•3 Full Baths
Alpha Property Group, Listing Office: HomeSmart
Is Martin, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Martin was a Seller's Market.
Key Takeaway
Martin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Martin, GA
How much do homes in Martin, GA cost?
Median Sold Price
$330,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+5.8%)
Key Takeaway
Homes in Martin have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Martin was $330,000 in November 2024, up 5.8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $150K | -25.0% |
| 2 Bedrooms | $148.5K | $118.5K | -20.2% |
| 3 Bedrooms | $312K | $327.5K | +5.0% |
| 4 Bedrooms | $415K | $370K | -10.8% |
| 5+ Bedrooms | - | $629K | N/A |
Summary: Martin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Martin | $312K | $349.9K | +12.1% |
| Martin | $312K | $330K | +5.8% |
| Martin-Avalon | $275.9K | $275K | -0.3% |
| Eastanollee | $269.9K | $260.4K | -3.5% |
Housing Supply in Martin, GA
How many homes are available in Martin, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 46 | +7.0% |
Summary: The Martin real estate market had 46 homes for sale in November 2024, a 7.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Martin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Martin, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Martin in November 2024, up by 40.0% month-over-month. Of the 6 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 61 Days | -29.6% |
Summary: Homes in Martin had an average of 61 days on market in Nov 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Martin has remained consistent over time.
Summary: During November 2024, 7 homes were sold in Martin; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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