The housing market in Martin, NC County is thriving, with the median value of homes sitting at $104,500. This is much lower than the US House Median Value of $338,100. However, the one year House Appreciation rate of 19.65% in Martin County far exceeds the nation's average of 8.27%, demonstrating an increasing trend in home values and demand for housing in this area. With such a high appreciation rate and a low median home value, Martin County is a great place to consider investing in real estate or buying a new home.
The median home cost in Martin County is $104,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Martin County is up 19.4%.
Average Age of Homes
- The median age of Martin County real estate is 44 years old
The Rental Market in Martin County
- Renters make up 24.0% of the Martin County population
- 2.4% 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.