Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$101,271−11.7% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 27% have cut their price
Income needed to buy, per year$21,953About 0.6× the local median income ($38,950): affordable for a typical household
Days on market62 daysFaster than a year ago: sellers have the edge
The typical home in Martin County, KY is worth $101,271, down 11.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $109,634, so the area is 7.6% undervalued. It is a buyer's market: homes take about 62 days to sell, listings are up 46% from a year ago, 27% of listings have had a price cut. A household needs about $21,953 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 $38,950. In the latest IRS figures, 40 more people moved out than in.
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
$101,271
Change in 1 year
−11.7%
Overvalued %
−7.6%
Show 6 more
Fair home value
$109,634
Change in 5 years
+10.2%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$549
Income needed to afford it
$21,953
Property tax rate
0.82%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
+45.5%
Days on market
62
Listings with a price cut
26.7%
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Homes for sale
16
Pending sales per 100 listings
12
Asking price per sq ft
$122
People and jobs
Median household income
$38,950
Population change (1 year)
+0.1%
Unemployment rate
5.5%
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Population
10,697
Income adjusted for cost of living
$45,662
Net moves in (IRS)
−40
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
3.5
FEMA hazard risk score (0 to 100)
49.9
Flood risk score
71.2
Show 3 more
Wildfire risk score
77.2
Walkability (1 to 20)
5.5
Road, rail and air noise
52 dB
Questions people ask
Is Martin County, KY overvalued?
Home prices in Martin County, KY are slightly below what local incomes have historically supported: fair value is about $109,634, so the area is 7.6% undervalued.
Is Martin County, KY a buyer's or seller's market?
Martin County, KY is a buyer's market: homes take about 62 days to sell, listings are up 46% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Martin County, KY?
Home values in Martin County, KY are down 11.7% over the last year.
How much do you need to earn to buy a home in Martin County, KY?
A household needs about $21,953 a year to afford the typical home in Martin County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $38,950.