The housing market in Martin, KY County is growing quickly. The median value of houses in the county is $87,880, significantly lower than the US median value of $338,100. However, the house appreciation rate for Martin County is 14.21%, which is higher than the US rate of 8.27%. This indicates that the demand and prices for housing in Martin County have been rising rapidly over the past year.
The median home cost in Martin County is $87,880. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Martin County is up 16.7%.
Average Age of Homes
- The median age of Martin County real estate is 32 years old
The Rental Market in Martin County
- Renters make up 24.5% of the Martin County population
- 1.7% of houses and apartments in Martin County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.