Martin, MI housing market
The median sale price was $460,000 in May 2026.
Home values, sales, trends and how Martin compares with the towns next door — updated as new data is published.
Martin at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 107% in 5 years
The federal house price index for the ZIP code around Martin rose 107% over the past 5 years, faster than across Michigan (52%). Last year prices rose 38%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | +38% | +191% | +97% |
| 2024 | +9.8% | +111% | +88% |
| 2023 | −5.5% | +93% | +76% |
| 2022 | +24% | +104% | +64% |
| 2021 | +17% | +64% | +45% |
| 2020 | +7.8% | +40% | +30% |
| 2019 | +11% | +30% | +26% |
| 2018 | −7.8% | +18% | +20% |
| 2017 | +24% | +27% | +12% |
| 2016 | −0.5% | +2.8% | +5.3% |
| 2015 | +6.2% | +3.3% | 0% |
| 2014 | +4.9% | −2.8% | −4.7% |
| 2013 | −4% | −7.3% | −12% |
| 2012 | +5.6% | −3.5% | −16% |
| 2011 | −5.2% | −8.6% | −16% |
| 2010 | −5% | −3.6% | −12% |
| 2009 | −0.9% | +1.4% | −5% |
| 2008 | −7.5% | +2.4% | +3.5% |
| 2007 | −8% | +11% | +11% |
| 2006 | −0.1% | +20% | +16% |
| 2005 | +1.7% | +20% | +18% |
| 2004 | +8.5% | +18% | +14% |
| 2003 | +2.5% | +9% | +10% |
| 2002 | +2.8% | +6.3% | +8.3% |
| 2001 | +3.4% | +3.4% | +5% |
| 2000 | — | — | — |
How Martin ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 49070, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Martin in 2025. Over the past 10 years, Martin has permitted 3 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Martin's population fell by 33 even though 2 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Michigan: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $540,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $25,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $100,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $150,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
How Martin ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,140
HUD's Fair Market Rent for a two-bedroom in Martin is $1,140 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Martin pay a median of $369, so moving in tends to cost more than staying put.
Studio $860 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49070; Allegan County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.