Is Martin, MI 49070 a buyer’s or seller’s market?
Martin is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Martin housing market right now
In the three months ending August 31, 2026, 50% of homes in Martin, MI 49070 sold above their list price, the typical home went under contract in 7 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (19 days then) and the median sale price rose 26% to $345,850. Overall, Martin is more competitive than a year ago, so tougher for buyers.
Within Allegan County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 93%.
Nearby, buyers who want less competition could look at Pullman 49450 (0% sold over asking) or Douglas 49406 (0% sold over asking), while Dorr 49323 (64% sold over asking) is even more competitive.
Run the numbers for 49070
Nearby markets
Allegan 49010Seller’s market $189 /sq ftDorr 49323Seller’s market $201 /sq ftDouglas 49406Balanced $426 /sq ftFennville 49408Seller’s market $264 /sq ft Browse all markets →Towns like Martin nearby
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Questions about Martin real estate
Is Martin a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Martin, MI 49070 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Martin?
The typical home went under contract in 7 days in the latest three months.
Do homes in Martin sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Martin?
About 1.08% of a home’s value a year in Allegan County, or roughly $4,320 on a $400,000 home.
What is the median home price in Martin?
The median sale price was $345,850 in the three months ending August 31, 2026, about $183 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology