Is Martin County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Martin County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Martin County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Martin County, IN

How much do homes in Martin County, IN cost?

Median Sold Price

$182,000

$118/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$27,000(+17.4%)

Key Takeaway

Homes in Martin County have sold for 17.4% more than they did a month ago.

Summary: The median home sold price in Martin County was $182,000 in October 2024, up 17.4% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $225K$174K
-22.7%
3 -$182K
N/A
4 $85K-
N/A
5+ --
N/A

Summary: Martin County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.7%, 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 Counties

Martin County
+17.4%
Daviess County
-4.6%
Lawrence County
-4.6%
Orange County
-4.8%
Dubois County
-12.7%

Housing Supply in Martin County, IN

How many homes are available in Martin County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2734+25.9%

Summary: The Martin County real estate market had 34 homes for sale in October 2024, a 25.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 55
0.0%
3 1318
+38.5%
4 56
+20.0%
5+ 23
+50.0%

Summary: The Martin County 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 38.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Martin County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Martin County in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Martin County, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Martin County, IN

Nearby Markets to Martin County, IN

What housing markets are near Martin County, IN?