Photo: Brian Stansberry · CC BY 4.0111 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.
Every place Martin homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Martin.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of Martin’s sales, at a typical $243K
111 homes sold in the year to May 2026.
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%
Multi-family (2–4 units): 4 sold, typical $153K
Condos: 1 sold, typical $176K
Too few sales in 12 months for reliable figures.
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.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Martin
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.
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.
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%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Tennessee
| Martin now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 10% | 24% | 14% |
| Gone within two weeksShare of homes under contract within 14 days | 19% | 3% | 9% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | — | 4% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 94.4% | 95.1% | 96.9% | 97.3% |
| Days to sellMedian days from listing to contract | 86 | 88 | 57 | 70 |
37 homes for sale on a typical day
That’s twice the 2022 low (17) and 17% more than in 2017–19.
1 in 3 listings has cut its price
29% in the last year, against — in 2017–19 and 25% 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.
Owning the typical Martin home costs about $1,309 a month
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.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty 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. neighborsSchools
The schools grade for Martin, from test results, graduation and how much students grow.
Schools in MartinCheck 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 hazardsLook 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.
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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Martin | 111 | $233K | $126 | 9% | 86 |
| Union City | 78 | $215K | $118 | 4% | 87 |
| Dresden | 28 | $172K | $105 | 7% | 95 |
| Dyer | 25 | $141K | $93 | 12% | 163 |
| Greenfield | 21 | $160K | $103 | 10% | 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.
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).