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Housing in Martin

111 homes sold in Martin in the last year, at a typical $233K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Martin homes are listed.

Homes sold
111
June 2025 to May 2026
Typical sale price
$233K
median, weighted by sales
Price per square foot
$126
Tennessee $210
Paid vs. asking
94.4%
9% sold over asking
For sale now
28
May 2026 · 11 sold that month
What sold · last 12 months

Houses are 95% of Martin’s sales, at a typical $243K

111 homes sold in the year to May 2026.

Houses$243K

typical sale · 106 sold in 12 months

Per square foot
$128TN $209
Days to sell
88
Sold over asking
9%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $153K
Condos: 1 sold, typical $176K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at twice the 2016 price

111 sales in the last year, against 139 in 2021 and a low of 56 in 2015. The typical sale went from $114K in 2016 to $233K.

Homes soldTypical sale price
03775112150$75K$150K$225K$300K2015: 56 sold, typical $103K’152016: 125 sold, typical $114K2017: 122 sold, typical $104K’172018: 134 sold, typical $126K2019: 108 sold, typical $128K’192020: 95 sold, typical $147K2021: 139 sold, typical $183K’212022: 104 sold, typical $172K2023: 79 sold, typical $187K’232024: 77 sold, typical $243K2025: 113 sold, typical $228K’25Last 12 months: 111 sold, typical $233KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Martin

Houseat $128 a sq ft
The same money in Tennesseeat $209 a sq ft

Is this asking price fair?

Check a listing against what Martin homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Martin are back to pre-pandemic levels, and more homes are for sale

We read every month of Martin’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 111 sales.

If you’re buying in Martin

  • Shop in July. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
  • Offer under asking. Buyers paid 94.4% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 86 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 12 a month), but May is the most competitive: 21% of May sales close over asking. November has the least competition (7%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 8 new listings a month, 17% sold over asking, 94 days to sellJFeb: 7 new listings a month, 15% sold over asking, 103 days to sellFMar: 10 new listings a month, 14% sold over asking, 84 days to sellMApr: 10 new listings a month, 15% sold over asking, 76 days to sellAMay: 12 new listings a month, 21% sold over asking, 86 days to sellMJun: 12 new listings a month, 17% sold over asking, 69 days to sellJJul: 10 new listings a month, 13% sold over asking, 64 days to sellJAug: 10 new listings a month, 15% sold over asking, 75 days to sellASep: 9 new listings a month, 16% sold over asking, 66 days to sellSOct: 8 new listings a month, 19% sold over asking, 64 days to sellONov: 8 new listings a month, 7% sold over asking, 75 days to sellNDec: 5 new listings a month, 9% sold over asking, 102 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Tennessee

Martin now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price9%10%24%14%
Gone within two weeksShare of homes under contract within 14 days19%3%9%27%
Listings with a price cutShare of homes for sale that cut their price29%—4%25%
Price paid vs. askingAverage sale price ÷ list price94.4%95.1%96.9%97.3%
Days to sellMedian days from listing to contract86885770
Supply

37 homes for sale on a typical day

That’s twice the 2022 low (17) and 17% more than in 2017–19.

2015: 34 for sale’152016: 42 for sale2017: 37 for sale2018: 34 for sale’182019: 23 for sale2020: 21 for sale2021: 23 for sale’212022: 17 for sale2023: 18 for sale2024: 30 for sale’242025: 41 for saleLast 12 months: 37 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against — in 2017–19 and 25% across Tennessee.

2021: 4%’212022: 7%2023: 17%2024: 18%’242025: 31%Last 12 months: 29%Now
Across Tennessee

Martin ranks 96th of 108 busy Tennessee markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Martin is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Martin home costs about $1,309 a month

Mortgage
Property tax
Insurance
Rent

Price: Martin’s typical sale, last 12 months. Property tax at Martin’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Martin is affordable on local pay is on Cost of living.

Before you buy in Martin

Six things worth knowing

12

New listings in June

The month with the most choice. December has the fewest, about 5.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $233K home, about $1,120 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Martin, from test results, graduation and how much students grow.

Schools in Martin
14 min

Typical commute

The average one-way trip to work for people who live in Martin.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Dresden, Greenfield, Union City and Dyer sell for less a square foot

The busier markets within 25 miles of Martin, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Martin111$233K$1269%86
Union City78$215K$1184%87
Dresden28$172K$1057%95
Dyer25$141K$9312%163
Greenfield21$160K$10310%100

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Martin, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Martin. People who follow the town see it, and so do people comparing Martin with their own town. No commission, no listing fee.

Questions about buying a home in Martin

What do homes sell for in Martin, TN?

111 homes sold in the year to May 2026 at a typical $233K, $126 a square foot.

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

A seller’s market: 28 homes were for sale in May 2026 and 11 sold, about 2.5 months of supply. Buyers paid 94.4% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Martin?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Martin?

About 0.5% of a home’s value a year. On a $233K home that’s near $1,120.

Where can I see homes for sale in Martin?

Zillow, Redfin, Realtor.com and Homes.com all carry Martin’s MLS listings; the search links above open each one filtered to Martin.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).