Martin, MI Real Estate

According to census data in the year 2000 there were 174 housing units in Martin. This represents a 3.9% decline from 181 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 174 were located in what is classified as a rural area.

Homeownership rate in Martin is about 69.3%. Martin's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Martin were built after 1949.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom16.70%
Two Bedrooms25.30%
Three Bedrooms35.60%
Four Bedrooms14.40%
Five Bedrooms or more5.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1939
Median Value of occupied units$90,300
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1978
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan9.20%
Simple Mortgage47.70%
Debt Free36.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%