4 Bed | 2.5 Bath
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Martin, KY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Martin, KY and much more. Save thousands at closing with home foreclosure listings in Martin, KY — up to 75% off market value!
Martin is located in Floyd, Kentucky, with an estimated municipal population of 554 residents. All of the best foreclosed homes for sale in Martin are located in the following zip code areas on Foreclosure.com: 41649. The estimated population per square kilometer (.62 miles) in Martin is 292.
So, about how much do homes cost in Martin? The most recent median value of resident-owned homes in Martin is 85,800. An estimated 29.9 percent of households in Martin own their homes, with an average family size of 2.61. The median household income in Martin is 20,000, with4.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Martin, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Martin? If so, the average rent price paid by renters in Martin is 482, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Martin, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Martin is 38.3, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Martin is 30.7, with an average family size of 2.61.
The percentage of residents who report their race in Martin is as follows:
| White | 99.1% |
| Black / African American | 0% |
| Asian | 0.9% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Martin? Or maybe you are searching for 55+ active adult communities in and/or near Martin?
The percentage of residents who report their age in Martin is as follows:
| Under 10 | 4% |
| Aged 10-19 | 13.2% |
| 20s | 25.1% |
| 30s | 8.5% |
| 40s | 4% |
| 50s | 18.6% |
| 60s | 14.6% |
| 70s | 8.1% |
| 80+ | 3.8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Martin with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Martin.
How do you know that living in -- or moving to -- Martin is right where you need to be? Perhaps you grew up in Martin or already live nearby; therefore, the decision to buy a home in Martin is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Martin for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Martin:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Martin.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Martin can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Martin, meanwhile, can field multiple offers from more qualified buyers.
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