Martin County, KY Home Values & Market Trends

The median home price in Martin County, KY is $74,351.02. There were 27 home sales in Martin County, KY over the past 12 months. The median residential Martin County, KY home value for transactions over the previous year is $108,000. The number of current listings in Martin County, KY is 8, and the percentage of properties for sale is 8.00%. The county has 1 foreclosures, 1 bank owned properties, 0 headed for auction, and 8 properties for sale.

Martin County, KY Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Inez

$ 98,204

$ 41/sqft

Beauty

$ --

$ --

Tomahawk

$ 42,103

$ 29/sqft

Pilgrim

$ --

$ --

Warfield

$ 184,111

$ 105/sqft

Debord

$ --

$ --

Lovely

$ --

$ --

Housing Market Summary for Martin County, KY

Apr 2023March 2024Change
Median Listing Price$90,000$136.8K52.05%
Median Sold Price$62,000$136.8K120.72%
Homes For Sale5620.00%
Homes Sold151713.33%
Price
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Homes For Sale
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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, KY

Martin County, KY home values range from $24,830 to $1,230,698. Inez is the priciest city with a median listing home price of $212,000, and Tomahawk is most affordable with average house prices of around $98,000.

Foreclosure
There are 7 cities within Martin County, KY; within these cities, the median estimated home value for homes in foreclosure ranges from $88,991 in Inez to the lowest value of $88,991 in Inez. Foreclosure homes account for 0.00% of properties in Martin County, KY with Inez 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, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Martin County, KY; 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, KY ranges from the highest value of $88,991 in Inez to the lowest value of $88,991 in Inez. Bank owned homes and properties account for 0.03% of properties in Martin County, KY. There are 7 cities within Martin County, KY; Inez containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Martin County, KY. Auction homes and other auction properties account for 0% of all properties in Martin County, KY. There are 7 cities within Martin County, KY; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Martin County, KY with Inez containing 4 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Martin County, KY; homes for sale in those cities, have a range of median values from $184,111 in Warfield to the lowest value of $42,103 in Tomahawk.
    Sold Homes
    The median value for recently sold homes ranges from $315,420 in Warfield to the lowest price of $34,223 in Warfield. There are 7 cities within Martin County, KY. Lovely has 6 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.61% of properties in Martin County, KY.

      Compare Nearby Cities

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      Guide for Martin County, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
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      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.