$4,750 Closing Credit*
$400,000
2,918 SqFt
3 Beds
•2 Full Baths, 1 Partial
Becky J Sheppard, Listing Office: Jaqua, REALTORS
Is Martin, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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, MI
How much do homes in Martin, MI cost?
Median Sold Price
$310,000
$191/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$120,000(+63.2%)
Key Takeaway
Homes in Martin have sold for 63.2% more than they did a month ago.
Summary: The median home sold price in Martin was $310,000 in December 2024, up 63.2% from last month, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $190K | $554.5K | +191.8% |
| 4 Bedrooms | - | $290K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Martin housing prices by bedroom type for December 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 increased by 191.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Martin | $190K | $310K | +63.2% |
| Martin Township | $190K | $310K | +63.2% |
Housing Supply in Martin, MI
How many homes are available in Martin, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Martin real estate market had 5 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Martin housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Martin, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Martin in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Martin, MI
How long does it take to sell a home in Martin, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 Days | 26 Days | +420.0% |
Summary: Homes in Martin had an average of 26 days on market in Dec 2024, up by 420% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Martin has remained consistent over time.
Summary: During December 2024, 3 homes were sold in Martin; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.