Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$448,233+0.7% YoY · prices are rising
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$97,168About 1.0× the local median income ($94,583): a stretch for a typical household
Days on market74 daysFaster than a year ago: sellers have the edge
Next 12 months−1.6%Zillow expects prices to dip slightly
The typical home in Martin County, FL is worth $448,233, up 0.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $450,758, so the area is 0.6% undervalued. It is a balanced market, leaning toward sellers: homes take about 74 days to sell, listings are down 21% from a year ago, 18% of listings have had a price cut. Zillow expects prices to fall about 1.6% over the next year. A household needs about $97,168 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,583. Typical rent is $2,263 a month, or $2,572 for a house. In the latest IRS figures, 1,335 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$448,233
Change in 1 year
+0.7%
Overvalued %
−0.6%
Show 7 more
Fair home value
$450,758
Change in 5 years
+20.4%
Zillow forecast, next 12 months
−1.6%
Home value to income
4.7×
Monthly mortgage payment (20% down)
$2,429
Income needed to afford it
$97,168
Property tax rate
0.77%
Rent and investing
Typical rent
$2,263
Typical rent for houses
$2,572
Price-to-rent ratio
16.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,069
Gross rental yield
6.06%
Cap rate (estimate)
3.94%
Market activity
Listings vs a year ago
−21.0%
Days on market
74
Listings with a price cut
18.2%
Show 3 more
Homes for sale
1,103
Pending sales per 100 listings
29
Asking price per sq ft
$300
People and jobs
Median household income
$94,583
Population change (1 year)
+0.6%
Unemployment rate
4.9%
Show 4 more
Population
166,272
Income adjusted for cost of living
$94,394
Net moves in (IRS)
+1,335
Cost of living (US = 100)
100.2
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
94.1
Unhealthy air days a year
0
Show 4 more
Flood risk score
83.3
Wildfire risk score
90.4
Walkability (1 to 20)
7.0
Road, rail and air noise
53 dB
Questions people ask
Is Martin County, FL overvalued?
Home prices in Martin County, FL are slightly below what local incomes have historically supported: fair value is about $450,758, so the area is 0.6% undervalued.
Is Martin County, FL a buyer's or seller's market?
Martin County, FL is a balanced market, leaning toward sellers: homes take about 74 days to sell, listings are down 21% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Martin County, FL?
Home values in Martin County, FL are up 0.7% over the last year. Zillow's forecast for the next 12 months is −1.6%.
How much do you need to earn to buy a home in Martin County, FL?
A household needs about $97,168 a year to afford the typical home in Martin County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $94,583.