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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Martin is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Martin has remained a Buyer's Market.

Key Takeaway

Martin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Martin, GA

How much do homes in Martin, GA cost?

Median Sold Price

$328,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,500(+4.6%)

Key Takeaway

Homes in Martin have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Martin was $328,000 in October 2024, up 4.6% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$157.5K
-21.3%
2 $148.5K$118.5K
-20.2%
3 $335K$320K
-4.5%
4 $415K$379.9K
-8.5%
5+ -$582K
N/A

Summary: Martin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.3%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rock Creek
+19.7%
Martin
+4.6%
Martin
+4.5%
Eastanollee
+1.9%

Housing Supply in Martin, GA

How many homes are available in Martin, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The Martin real estate market had 45 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 44
0.0%
3 2329
+26.1%
4 118
-27.3%
5+ 32
-33.3%

Summary: The Martin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Martin in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Oct 2023Oct 2024CHANGE
1 Day31 Days+3000.0%

Summary: Homes in Martin had an average of 31 days on market in Oct 2024, up by 3000% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 4 homes were sold in Martin; 75% of homes were sold within 30 days, 25% 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 16 Days Ago

Newest Listings in Martin, GA

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