Martin County, North Carolina Housing Market
In Martin County, North Carolina, the median home value is $109,700, with a median monthly rent of $758. This places Martin County at #2801 nationally out of 3134 counties by median home value, and #97 within North Carolina.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $760
- Establishments: 428
- BLS QCEW, 2025
Migration Patterns
- Inflow: 8,450 (avg $49,628)
- Outflow: 8,163 (avg $49,902)
- IRS Statistics of Income
How Martin County Compares
| Metric | Martin County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $109,700 | $235,312 | $227,706 |
| Median Gross Rent | $758 | $976 | $968 |
| Owner Occupancy Rate | 66.8% | 71.8% | 73.3% |
| Price/Rent Ratio | 12.1 | 19.8 | 18.7 |
Market Analysis
The median home value in Martin County is 53.4% below the North Carolina state average and 51.8% below the U.S. national average. The median rent of $758/month is 22.3% below the state average.
With a price-to-rent ratio of 12.1, buying a home in Martin County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Martin County has an owner-occupancy rate of 66.8%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Schuyler County | Illinois | $109,700 | $853 |
| Chase County | Kansas | $109,700 | $825 |
| Chickasaw County | Mississippi | $109,800 | $670 |
| Carroll County | Mississippi | $109,600 | $662 |
| Ware County | Georgia | $109,500 | $789 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Halifax County | $106,200 | $813 | 62.9% |
| Northampton County | $114,500 | $758 | 74.6% |
| Scotland County | $114,900 | $778 | 61.8% |
| Greene County | $117,400 | $853 | 66.5% |
| Hertford County | $119,200 | $844 | 67.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).