Martin City—59913
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Martin City
As of Oct '25, the median home price in Martin City is $548,000, with a year-over-year change of 4.2%. This indicates that home prices in Martin City are increasing. According to Zillow, the 1-year price projection is 4.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $548,000 | 4.2% |
| Single Family | $537,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $530,000 | 3.1% |
3 Bed | $598,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Martin City
As of July '25, Rentcast reports the average rent in Martin City is $1,600, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Martin City is 1-bedrooms: $1,600, 2-bedrooms: $1,600. The most common rental property sizes in Martin City are 3-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,600 |
| 2 Bed Rent | $1,600 | $1,600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Martin City
As of Oct '25, Realtor.com reports that the median days on market for a home in Martin City is 143. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $750,000 | -26.0% |
Listing Count | 5 | -10.0% |
| Listings as % of Homes | 1.4% | -10.0% |
Days on Market | 143 | 10.0% |
Demographics — Martin City
As of the latest ACS Survey released in 2023, Martin City has a population of 543, which has increased by 6.7% over the past 5 years. Martin City is a moderately popular place for families, as children make up 16.0% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 543 | 6.7% |
% Under 18 | 16.0% | 53.8% |
% Seniors | 41.4% | 126.2% |
% WFH | 20.6% | 237.7% |
% w/ College Degree | 24.8% | 62.1% |
As of the latest ACS Survey released in 2023, Martin City is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 7.2% in the last 5 years. The second most common race or ethnicity in Martin City is black, making up 0.0% of the population. Foreign-born residents account for 2.0% of the population in Martin City, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.9% | 7.2% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 2.0% | 0.0% |
Mortgage and Risk — Martin City
Martin City lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Martin City
Martin City lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$630 | $1,600 | $970 |
| 2 Bedroom | -$330 | $1,600 | $1,270 |
| 3 Bedroom | N/A | N/A | $1,690 |
| 4 Bedroom | N/A | N/A | $2,130 |
Affordability — Martin City
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.3 |
| Median Home Price | $548,000 |
| Median Household Income | $40,500 |