Martin Metro Area, TN Housing

The housing market in the Martin, TN Metro Area is thriving. The median value of a house in Martin is $143,200, which is significantly lower than the US median value of $338,100. Despite this lower price point, the housing market has seen an impressive 1 year appreciation rate of 19.24%, which is much higher than the US appreciation rate of 8.27%. This suggests that the area's real estate market is very healthy and could be a great opportunity for those looking to buy or invest in property.

The median home cost in Martin Metro Area is $143,200. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Martin Metro Area is up 25.8%.

Average Age of Homes

- The median age of Martin Metro Area real estate is 40 years old

The Rental Market in Martin Metro Area

- Renters make up 30.1% of the Martin Metro Area population
- 1.0% of houses and apartments in Martin Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Martin, Tennessee	United States
	15,015.0	139,647,020.0
	43	42
	$143,200	$338,100
	25.8%	16.6%
	83.2%	57.0%
	114.7%	101.1%
	$6.60	$10.98
	$659	$2,690
	58.7%	57.4%
	12.0%	11.2%
	29.3%	31.4%
Vacant Housing
	1.0%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	9.9%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	7.8%	2.4%
	11.4%	2.8%
	14.3%	3.9%
	12.7%	4.5%
	14.1%	11.3%
	12.8%	13.0%
	12.9%	20.1%
	5.7%	13.6%
	1.9%	8.3%
	2.0%	9.7%
	0.3%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	15.7%	13.6%
	12.3%	13.2%
	16.6%	14.8%
	15.7%	13.6%
	10.1%	10.0%
	4.4%	4.7%
	8.1%	12.2%

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