Martin County, FL Home Values & Market Trends

The median home price in Martin County, FL is $481,278.39. There were 3,864 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 $427,607.634. The number of current listings in Martin County, FL is 523, and the percentage of properties for sale is 523.00%. The county has 216 foreclosures, 3 bank owned properties, 15 headed for auction, and 523 properties for sale.

Martin County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Stuart

$ 454,496

$ 291/sqft

Hobe Sound

$ 510,189

$ 281/sqft

Jensen Beach

$ 493,701

$ 427/sqft

Indiantown

$ 481,815

$ 306/sqft

Palm City

$ 825,304

$ 312/sqft

349hw

$ --

$ --

Housing Market Summary for Martin County, FL

Mar 2023February 2024Change
Median Listing Price$535K$462.3K-13.58%
Median Sold Price$448.5K$462.3K3.08%
Homes For Sale38654942.23%
Homes Sold2,4622,439-0.93%
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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, FL

Martin County, FL home values range from $30,968 to $86,104,312. Palm City is the priciest city with a median listing home price of $822,450, and Stuart is most affordable with average house prices of around $465,900.

Foreclosure
There are 6 cities within Martin County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $3,207,731 in Stuart to the lowest value of $139,674 in Stuart. Foreclosure homes account for 0.00% of properties in Martin County, FL with Stuart containing 100 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% 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 $1,516,480 in Hobe Sound to the lowest home value of $139,674 in Stuart.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Martin County, FL ranges from the highest value of $357,153 in Stuart to the lowest value of $196,469 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.
  • Auctions
    Stuart has 8 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 $899,945 in Hobe Sound to the lowest value of $229,165 in Hobe Sound.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.77% of residential properties in Martin County, FL with Stuart containing 307 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Martin County, FL; homes for sale in those cities, have a range of median values from $1,012,091 in Indiantown to the lowest value of $116,369 in Stuart.
    Sold Homes
    The median value for recently sold homes ranges from $28,257,783 in Hobe Sound to the lowest price of $68,142 in Hobe Sound. There are 6 cities within Martin County, FL. Stuart has 1186 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.55% of properties in Martin County, FL.

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      Guide for Martin County, FL

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