Martin County, Texas Housing Market

In Martin County, Texas, the median home value is $174,800, with a median monthly rent of $971. This places Martin County at #1709 nationally out of 3134 counties by median home value, and #109 within Texas.

Median Home Value $174,800
Median Rent $971/mo
Owner Occupancy 78.1%
Price/Rent Ratio 15.0

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,066
jobs (private sector)
  • Avg weekly wage: $1,514
  • Establishments: 215
  • BLS QCEW, 2025
🏗️

Housing Supply

5
new units authorized (2025)
  • Single-family: 5
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+44
net migration (filers, 2021-2022)
  • Inflow: 1,853 (avg $145,426)
  • Outflow: 1,809 (avg $146,664)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Martin County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 79705 400.4 +3.22% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Martin County Compares

MetricMartin CountyTexas AverageU.S. Average
Median Home Value $174,800 $186,278 $227,706
Median Gross Rent $971 $997 $968
Owner Occupancy Rate 78.1% 73.2% 73.3%
Price/Rent Ratio 15.0 15.2 18.7

Market Analysis

The median home value in Martin County is 6.2% below the Texas state average and 23.2% below the U.S. national average. The median rent of $971/month is 2.6% below the state average.

With a price-to-rent ratio of 15.0, the buy-vs-rent decision in Martin County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Martin County has an owner-occupancy rate of 78.1%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Atascosa County Texas $174,800 $1,061
Shackelford County Texas $174,800 $718
Gadsden County Florida $174,900 $851
Bryan County Oklahoma $174,900 $960
Baxter County Arkansas $174,600 $846

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Atascosa County $174,800 $1,061 77.4%
Shackelford County $174,800 $718 78.7%
Titus County $174,000 $907 70.6%
Young County $175,800 $862 74.1%
Madison County $176,200 $851 75.3%

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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).