Martin County, MN Home Values & Market Trends

The median home price in Martin County, MN is $142,895.75. There were 363 home sales in Martin County, MN over the past 12 months. The median residential Martin County, MN home value for transactions over the previous year is $120,000. The number of current listings in Martin County, MN is 24, and the percentage of properties for sale is 24.00%. The county has 1 foreclosures, 0 bank owned properties, 1 headed for auction, and 24 properties for sale.

Martin County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Fairmont

$ 247,387

$ 109/sqft

Ceylon

$ --

$ --

Welcome

$ 136,601

$ 72/sqft

Ormsby

$ --

$ --

Dunnell

$ 35,000

$ 28/sqft

Granada

$ --

$ --

Sherburn

$ 297,777

$ 86/sqft

Trimont

$ --

$ --

Truman

$ 101,472

$ 44/sqft

Housing Market Summary for Martin County, MN

Mar 2023February 2024Change
Median Listing Price$159.9K$137K-14.35%
Median Sold Price$145.3K$137K-5.68%
Homes For Sale222618.18%
Homes Sold1831914.37%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Martin County, MN

Martin County, MN home values range from $12,498 to $1,903,000. Sherburn is the priciest city with a median listing home price of $353,000, and Dunnell is most affordable with average house prices of around $35,000.

Foreclosure
There are 9 cities within Martin County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $157,078 in Fairmont to the lowest value of $157,078 in Fairmont. Foreclosure homes account for 0.00% of properties in Martin County, MN with Fairmont containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Martin County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Martin County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Martin County, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Martin County, MN. There are 9 cities within Martin County, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Fairmont has 1 auction properties, the highest number of properties going to auction in a single city in the state of Martin County, MN. Auction homes and other auction properties account for 0.01% of all properties in Martin County, MN. There are 9 cities within Martin County, MN; of those cities, the median estimated home value for homes going to auction ranges from $157,078 in Fairmont to the lowest value of $157,078 in Fairmont.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Martin County, MN with Fairmont containing 18 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Martin County, MN; homes for sale in those cities, have a range of median values from $297,777 in Sherburn to the lowest value of $35,000 in Dunnell.
    Sold Homes
    The median value for recently sold homes ranges from $94,296 in Dunnell to the lowest price of $20,122 in Dunnell. There are 9 cities within Martin County, MN. Fairmont has 110 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.40% of properties in Martin County, MN.

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      Guide for Martin County, MN

      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Martin County, MN

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