Market Overview
Home Prices in Martin, KY
The median home value in Martin, KY is $75,956 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 26.5% compared to a year ago and down 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Martin are priced81% below average.
Over the past five years, Martin home values have fallen by approximately20.5%, reflecting softening conditions in this market.
Price History
Martin Home Price Trend
2020
$82,741
$83K
—
2021
$95,502
$96K
+15.4%
2022
$101,699
$102K
+6.5%
2023
$107,489
$107K
+5.7%
2024
$103,682
$104K
-3.5%
2025
$103,318
$103K
-0.4%
2026
$75,956
$76K
-26.5%
City Comparison
Martin vs. National Median
🏠 Martin
$75,956
National Median
$410,000
At $75,956, homes in Martin cost 81% below the national median of $410,000. This makes Martin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Martin?
20% Down Payment
$15,191
on $75,956
Monthly P&I
$396/mo
30-yr @ 6.8%
Total Monthly Est.
~$503/mo
incl. taxes & insurance
Income Needed
$20,120
gross annual (30% rule)
10% Down Option
$7,596
+ PMI applies
Loan Amount (20% dn)
$60,765
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Martin, KY?
The median home value in Martin is $75,956 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 26.5% year-over-year.
How much have home prices changed in Martin?
Over the past year, home values in Martin have decreased by 26.5%. Over five years, prices have fallen approximately 20.5%.
How much do I need to earn to buy a home in Martin?
To comfortably afford the median home price of $75,956 with a 20% down payment ($15,191) at today's rates (6.8%), you'd need a gross annual income of approximately $20,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Martin compare to the national average home price?
The national median home value is approximately $410,000. At $75,956, homes in Martin are 81% below the national average.