Martin Twp Real Estate
3 active listings · 21 sold in the past 12mo
$549,000
Median List Price
21
Sold (past 12mo)
65
Avg Days on Market
+25.9%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(3)
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For Sale
1/53
$579,900
757 120th Avenue, Martin, MI 49070
5 bd3 ba2,788 sqft1.45 ac
Single Family
For Sale
1/44
$549,000
2375 & 2375.5 Patterson Road, Shelbyville, MI 49344
2 bd1 ba936 sqft0.34 ac
Single Family
For Sale
1/28
$199,000
1164 Ashton Street, Martin, MI 49070
3 bd2 ba1,633 sqft
Mfg Home
Recently Sold(21)
Frequently Asked Questions about Martin Twp
Are there homes available in Martin Twp right now?
Buyers in Martin Twp can choose from 3 active listings. The median asking price is $549,000.
What is the median home price in Martin Twp?
The median sale price in Martin Twp is $549,000, based on 21 closed sales over the past 12 months.
How fast do homes sell in Martin Twp?
Homes in Martin Twp sell in an average of 65 days, based on 21 sales over the past 12 months.
What school districts serve Martin Twp?
Multiple school districts may serve Martin Twp. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Martin Twp a buyer's or seller's market?
Martin Twp is currently a seller's market, with 1.7 months of supply. That ratio comes from 3 active listings relative to 21 sales per year.
How are property taxes calculated in Martin Twp?
Property taxes in Martin Twp are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What is the Household Formation Gap in Martin Twp?
Census demographic data shows a +25.9% Household Formation Gap in Martin Twp. As average household size fell from 2.68 to 2.66, the estimated number of households grew by 44. Population grew 25.0% over the same period. HFG is a secondary market indicator reflecting household formation trends, distinct from primary indicators like comparative market analysis.