The housing market in Martin, TX County is booming. The median value of a home in the county is $218,500, compared to the US house median value of $338,100. This is an impressive difference given the current 1 year house appreciation rate for the US as a whole of 8.27%. Even more impressive for those looking to buy in Martin County is the 1 year appreciation rate for houses within this county at 16.22%, almost double that of the national average. The trend indicates that now is an excellent time to invest in the area's housing market and take advantage of these high returns.
The median home cost in Martin County is $218,500. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Martin County is up 7.2%.
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 21.6% of the Martin County population
- 3.2% 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.