Martin County, FL Home Values & Market Trends
The median home price in Martin County, FL is $489,243.3. There were 3,798 home sales in Martin County, FL over the past 12 months. The median residential Martin County, FL home value for transactions over the previous year is $430,271.739. The number of current listings in Martin County, FL is 505, and the percentage of properties for sale is 505.00%. The county has 207 foreclosures, 3 bank owned properties, 11 headed for auction, and 505 properties for sale.
Martin County, FL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Stuart | $ 448,846 $ 281/sqft | Hobe Sound | $ 489,698 $ 290/sqft |
| Jensen Beach | $ 560,773 $ 426/sqft | Indiantown | $ 702,784 $ 319/sqft |
| Palm City | $ 769,900 $ 297/sqft | 349hw | $ -- $ -- |
Housing Market Summary for Martin County, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $531.1K | $475.6K | -10.46% |
| Median Sold Price | $463.5K | $475.6K | 2.62% |
| Homes For Sale | 367 | 497 | 35.42% |
| Homes Sold | 2,399 | 2,387 | -0.50% |
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%.
Recently Sold Homes
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Browse Homes in Martin County, FL
Martin County, FL home values range from $29,233 to $75,086,887. Palm City is the priciest city with a median listing home price of $792,500, and Stuart is most affordable with average house prices of around $445,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in Martin County, FL with Stuart containing 91 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Martin County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,620,137 in Hobe Sound to the lowest home value of $137,614 in Stuart.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Martin County, FL ranges from the highest value of $358,004 in Stuart to the lowest value of $188,750 in Jensen Beach. Bank owned homes and properties account for 0.00% of properties in Martin County, FL. There are 6 cities within Martin County, FL; Hobe Sound containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsStuart has 6 auction properties, the highest number of properties going to auction in a single city in the state of Martin County, FL. Auction homes and other auction properties account for 0.02% of all properties in Martin County, FL. There are 6 cities within Martin County, FL; of those cities, the median estimated home value for homes going to auction ranges from $1,081,689 in Stuart to the lowest value of $228,915 in Stuart.
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More Real Estate Resources for Martin County, FL
Guide for Martin County, FL
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