Martin County, MN Home Values & Market Trends

The median home price in Martin County, MN is $145,568.19. There were 355 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 23, and the percentage of properties for sale is 23.00%. The county has 1 foreclosures, 0 bank owned properties, 1 headed for auction, and 23 properties for sale.

Martin County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Fairmont

$ 233,524

$ 117/sqft

Dunnell

$ --

$ --

Welcome

$ 159,599

$ 80/sqft

Ormsby

$ --

$ --

Sherburn

$ 155,000

$ 77/sqft

Granada

$ --

$ --

Truman

$ 188,998

$ 83/sqft

Trimont

$ --

$ --

Ceylon

$ 269,000

$ 138/sqft

Housing Market Summary for Martin County, MN

Apr 2023March 2024Change
Median Listing Price$157K$122.4K-22.02%
Median Sold Price$137K$122.4K-10.64%
Homes For Sale2724-11.11%
Homes Sold14917618.12%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Martin County, MN

Martin County, MN home values range from $19,167 to $1,901,000. Ceylon is the priciest city with a median listing home price of $269,000, and Welcome is most affordable with average house prices of around $104,450.

Foreclosure
There are 9 cities within Martin County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $156,172 in Fairmont to the lowest value of $156,172 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 $156,172 in Fairmont to the lowest value of $156,172 in Fairmont.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in Martin County, MN with Fairmont containing 16 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 $269,000 in Ceylon to the lowest value of $54,951 in Fairmont.
    Sold Homes
    The median value for recently sold homes ranges from $264,000 in Trimont to the lowest price of $20,170 in Trimont. There are 9 cities within Martin County, MN. Fairmont has 100 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.15% of properties in Martin County, MN.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Martin County, MN
      $
      $

      Guide for Martin County, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      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 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?

      Recently Listed Homes Martin County, MN

      No data to show