Housing in Martin, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$236,000

Median List Price

$246,500

Price Per Sq Ft

$126

Days on Market

52

Active Inventory

34

Months of Supply

5.7

Balanced market

Zillow Home Value

$205,427

ZHVI — January 2026

Zillow Rent Index

$900

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 19.0%List Price 14.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

95.3%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
17.6%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

10

Pending Sales

9

Homes Sold 25.0%New Listings 9.1%Pending 125.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$126

Median List $/SF

$135

Sale $/SF 8.7%List $/SF 0.7%Mar 24Jan 26

Martin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Martin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$177,700

Median Rent

$808

Total Housing Units

4,667

Vacancy Rate

11.6%

Owner Occupied

43.3%

Renter Occupied

56.7%

Median Property Tax

$1,025

per year

Monthly Cost (w/ Mortgage)

$686

Housing Types

Single Family
55.9%
Multi-Family
39.6%
Mobile Home
4.5%

The current median sale price in Martin, TN is $236,000 according to Redfin data. Homes spend a median of 52 days on the market. 33.3% of homes sold above asking price. The market has 5.7 months of supply. The median price per square foot is $126. Zillow's observed rent index is $900/month. About 43.3% of housing units are owner-occupied. The median year homes were built is 1980. There are 4,667 total housing units.