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Updated October 16, 2026 11:14AM EST

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Days on MarketDOM

43Days | -16%
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Active InventoryAI

4,481 Homes | -20%
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Median Sales PriceMSP

$656,000 | 7%
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1,453 Homes | -5%
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1,132 Homes | -3%
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$1.5B | 25%
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3.6 Months | -28%
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Martin County Single-Family Homes Market Update – September 2026
Jeff Lichtenstein

16 OCT

News

Martin County Single-Family Homes Market Update – September 2026

Martin County Single-Family Homes Real Estate Statistics – September 2026

Martin County’s single-family housing market continued to tighten in September 2026, with fewer homes available and properties selling considerably faster than they did a year ago.

The median sale price reached $600,000, up 5% year-over-year, while active inventory declined 18% and months of supply fell 29%. Most notably, days on market dropped an impressive 37%.

However, transaction activity told a more cautious story. Closed sales declined 4%, while pending sales fell 12%.

The result is a market where homes that successfully attract buyers are selling much faster, but overall buyer activity has not accelerated.

Here’s a closer look at September’s numbers.


Market Breakdown – September 2026 vs. September 2025

Median Sale Price: $600,000

📈 Up 5% year-over-year

The median sale price for Martin County single-family homes reached $600,000 in September, a 5% increase compared with September 2025.

This increase occurred alongside a substantial reduction in available inventory, which can help support prices by limiting buyer choice.

However, the median reflects the mix of properties sold during the month rather than indicating that every home in Martin County increased in value by 5%.

With relatively few transactions compared with larger neighboring counties, changes in the types and price ranges of homes sold can have a meaningful impact on the median.

Closed Sales: 168 homes

🔻 Down 4% year-over-year

Martin County recorded 168 single-family closed sales in September, a 4% decline compared with last year.

The reduction is relatively modest, but it demonstrates that tighter inventory has not translated into increased transaction volume.

Fewer available homes may be limiting the number of transactions, while pricing, affordability and buyer preferences can also influence purchasing decisions.

The decline is particularly interesting when compared with the dramatic reduction in selling times.

Active Inventory: 682 homes

🔻 Down 18% year-over-year

Active inventory declined 18%, leaving Martin County single-family buyers with considerably fewer homes to choose from than they had a year ago.

For sellers, fewer competing listings can create an advantage, particularly when a property is priced appropriately and presented well.

For buyers, reduced inventory makes preparation important when a desirable home becomes available.

However, September’s decline in pending sales shows that limited supply does not automatically translate into stronger demand for every property.

Pending Sales: 143 contracts

🔻 Down 12% year-over-year

Pending sales declined 12% compared with September 2025.

This is one of the most important figures in the report because pending contracts can provide an indication of future closing activity.

While closed sales declined only 4%, the larger reduction in pending sales suggests transaction activity could remain subdued in the coming months.

It does not guarantee that future closings will decline by a similar amount, but it is an important signal to monitor as Martin County moves into the final quarter of 2026.

Months of Inventory

🔻 Down 29% year-over-year

Months of supply declined 29%, confirming that Martin County’s single-family housing market has tightened substantially.

This statistic measures how long the available inventory would take to sell at the prevailing sales pace.

A reduction generally means buyers have fewer alternatives relative to market activity.

For sellers, that can create a more favorable competitive environment.

However, declining pending sales suggest that buyers are still carefully evaluating properties rather than rushing to purchase simply because inventory is limited.

Days on Market

🔻 Down 37% year-over-year

Days on market recorded September’s most dramatic change, falling 37% compared with September 2025.

Homes that successfully sold moved considerably faster than they did a year ago.

This is particularly interesting because both closed and pending sales declined.

Martin County is not necessarily selling more single-family homes, but the homes that are selling are doing so much faster.

That distinction highlights the importance of accurate pricing, strong presentation and understanding what buyers consider good value.

For sellers, the reduction in selling times is encouraging, but it should not be interpreted as a guarantee that every listing will sell quickly.

New Listings: 208 homes

🔻 Down 5% year-over-year

New single-family listings declined 5% compared with September 2025.

With active inventory already down 18%, fewer homes entering the market could make it more difficult for supply to rebuild.

For buyers, that means the selection of available properties may remain constrained if this trend continues.

For sellers, fewer new listings can mean less competition from properties entering the market at the same time.

However, softer pending-sales activity could partially offset this pressure by keeping unsold homes available for longer.


What This Means for You

Buyers

Martin County single-family buyers have considerably fewer options than they did a year ago.

Active inventory is down 18%, months of supply has declined 29%, and homes that successfully sell are moving 37% faster.

That makes preparation particularly important when an attractive, appropriately priced property becomes available.

However, September’s numbers also show that buyers remain selective.

Pending sales declined 12%, suggesting reduced inventory has not created a broad increase in buyer urgency.

Properties that are overpriced, need substantial improvements or have spent longer on the market may still offer negotiating opportunities.

Sellers

Martin County sellers benefit from significantly less competition.

Active inventory is down 18%, new listings have declined 5%, and successful sales are happening considerably faster.

The 37% reduction in days on market is particularly encouraging for sellers whose properties meet buyer expectations.

However, closed sales declined 4% and pending sales fell 12%.

That means limited inventory alone is unlikely to compensate for unrealistic pricing.

Accurate pricing, strong presentation and effective marketing remain essential for attracting qualified buyers.

Investors

For investors, Martin County’s declining single-family inventory reinforces the importance of evaluating opportunities carefully.

Limited supply can support desirable properties, but softer pending activity suggests buyers are still making measured decisions.

Investors should consider acquisition price, financing, insurance, property taxes, maintenance and realistic rental income rather than relying solely on countywide median price trends.

Neighborhood-level conditions and individual property characteristics remain particularly important in a relatively small market like Martin County.


Final Thoughts

Martin County’s September 2026 single-family market is tighter and significantly faster-moving than it was a year ago, but transaction activity remains subdued.

The median sale price increased 5% to $600,000, while active inventory declined 18%, months of supply fell 29%, and days on market dropped an impressive 37%.

At the same time, closed sales declined 4%, pending sales fell 12%, and new listings were down 5%.

The contrast between faster selling times and weaker contract activity is particularly important.

Homes that successfully find buyers are moving much faster, but fewer buyers are entering into contracts overall.

For sellers, reduced competition creates an advantage, but realistic pricing remains essential. For buyers, limited inventory makes preparation important, although softer pending activity suggests negotiating opportunities have not disappeared.

As Martin County moves into the final quarter of 2026, pending sales will be one of the most important statistics to watch.

If the decline in contracts continues, it could eventually affect completed sales, even as inventory remains constrained.

For now, Martin County’s single-family market is defined by limited supply, faster successful sales and buyers who remain selective about price and value.

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