Martin City, Kansas City, MO—64145
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Martin City, Kansas City, MO
As of Oct '25, the median home price in Martin City, Kansas City, MO is $401,000, with a year-over-year change of 2.1%. This indicates that home prices in Martin City, Kansas City, MO are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $401,000 | 2.2% |
| Single Family | $402,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $278,000 | 1.1% |
3 Bed | $371,000 | 1.9% |
4 Bed | $448,000 | 3.0% |
| 5 Bed | $551,000 | 3.4% |
% of Housing Stock
Rental Trends — Martin City, Kansas City, MO
As of July '25, Rentcast reports the average rent in Martin City, Kansas City, MO is $1,460, with a year-over-year rent change of 25.9%. Per bedroom, the median rent as of July '25 in Martin City, Kansas City, MO is 1-bedrooms: $695, 2-bedrooms: $1,080, 3-bedrooms: $1,910. The most common rental property sizes in Martin City, Kansas City, MO are 1-bedroom and 3-bedroom, accounting for 39.9% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $695 |
| 2 Bed Rent | $875 | $1,080 |
| 3 Bed Rent | $1,900 | $1,910 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Martin City, Kansas City, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Martin City, Kansas City, MO is 22. This is a decrease of -58.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $405,000 | -13.0% |
Listing Count | 30 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 22 | -58.0% |
Demographics — Martin City, Kansas City, MO
As of the latest ACS Survey released in 2023, Martin City, Kansas City, MO has a population of 5,060, which has decreased by -3.7% over the past 5 years. Martin City, Kansas City, MO is a moderately popular place for families, as children make up 17.0% of the population. The area has a highly educated workforce, with 57.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,060 | -3.7% |
% Under 18 | 17.0% | 6.9% |
% Seniors | 30.9% | -2.5% |
% WFH | 21.4% | 164.2% |
% w/ College Degree | 57.4% | 12.5% |
As of the latest ACS Survey released in 2023, Martin City, Kansas City, MO is a predominantly white area, with 73.7% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Martin City, Kansas City, MO is black, making up 10.0% of the population. Foreign-born residents account for 5.4% of the population in Martin City, Kansas City, MO, and this percentage has decreased by 16.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.7% | -7.1% |
% Black | 10.0% | -16.0% |
% Hispanic | 9.6% | 182.4% |
% Asian | 3.2% | 113.3% |
% Foreign Born | 5.4% | -16.9% |
Mortgage and Risk — Martin City, Kansas City, MO
According to HUD data as of 2023, there were 164 mortgage originations in Martin City, Kansas City, MO, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Martin City, Kansas City, MO. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 164 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Martin City, Kansas City, MO
Martin City, Kansas City, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 30 |
Total Units Section 8 | 30 |
% Rentals under Section 8 | 10.6% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $705 | $695 | $1,400 |
| 2 Bedroom | $715 | $875 | $1,590 |
| 3 Bedroom | $170 | $1,900 | $2,070 |
| 4 Bedroom | N/A | N/A | $2,450 |
Affordability — Martin City, Kansas City, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $401,000 |
| Median Household Income | $95,400 |