Is Martin, SD 57551 a buyer’s or seller’s market?
Martin is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Martin housing market right now
In the three months ending August 31, 2026, 0% of homes in Martin, SD 57551 sold above their list price and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
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Questions about Martin real estate
Is Martin a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Martin, SD 57551 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
Do homes in Martin sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 75.0% of the list price.
What are property taxes in Martin?
About 0.98% of a home’s value a year in Bennett County, or roughly $3,920 on a $400,000 home.
What is the median home price in Martin?
The median sale price was $149,935 in the three months ending August 31, 2026.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology