Market Overview
Home Prices in Martin, MI
The median home value in Martin, MI is $250,960 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Martin are priced39% below average. Martin is part of the Holland, MI metro area.
Over the past five years, Martin home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Martin Home Price Trend
City Comparison
Martin vs. National Median
At $250,960, homes in Martin cost 39% 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
$50,192
on $250,960
Monthly P&I
$1,309/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,662/mo
incl. taxes & insurance
Income Needed
$66,480
gross annual (30% rule)
10% Down Option
$25,096
+ PMI applies
Loan Amount (20% dn)
$200,768
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, MI?
The median home value in Martin is $250,960 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Martin?
Over the past year, home values in Martin have increased by 5.3%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Martin?
To comfortably afford the median home price of $250,960 with a 20% down payment ($50,192) at today's rates (6.8%), you'd need a gross annual income of approximately $66,480. 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 $250,960, homes in Martin are 39% below the national average.
What metro area is Martin part of?
Martin is part of the Holland, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.