Martinez, Georgia Housing Market Prices
Martinez Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 14% below the Georgia median$221,846
-
Median rent 10% below the Georgia median$1,256
Housing Market Overview
| Metric | Martinez | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $221,846 | $256,986 | $248,835 |
| Price Trend (Annual %) | 7.6% | 8.9% | 7.5% |
| Median Gross Rent | $1,256 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Martinez is about 14% lower than in Georgia. Rent is about 10% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Martinez, up about 7.6% and 2.8% a year respectively. Home prices are changing faster.
Median rent in Martinez rose about 23.0% between 2015 and 2024, from $1,021 to $1,256. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Martinez.
Buying the median-priced home in Martinez costs roughly 14.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Martinez. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Martinez | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $221,846 | $256,986 | $248,835 |
| Median Household Income | $79,824 | $77,523 | $80,455 |
| Price-to-Income Ratio | 2.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Martinez rose about 78.6%, while median household income rose about 23.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Martinez | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 58.9% | 58.5% |
| Rental Rate | 25.0% | 30.8% | 31.2% |
| Vacancy Rate | 13.7% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Martinez has a homeownership rate of 61.3%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 13.7%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Martinez | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 6.3 | 5.9 | 5.5 |
The typical housing unit in Martinez was built around 1985. On average, 2.6 people live in a home with about 6.3 rooms, staying for about 14.0 years on average.
Martinez, GA Housing Compared With Nearby Cities
How Martinez, GA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Martinez, GA | 30,820 | $221,846 #3/3 | $1,256 #2/3 | 71.0% #2/3 |
| Evans, GA | 34,506 | $356,032 | $1,687 | 86.8% |
| North Augusta, SC | 21,776 | $244,077 | $1,146 | 67.9% |
Frequently Asked Questions
Common questions about the housing market in Martinez, Georgia.
What is the median home price in Martinez, Georgia?
The median home price in Martinez, Georgia is $221,846, lower than the Georgia average of $256,986.
What is the average home price in Martinez, Georgia?
The typical home price in Martinez, Georgia, reported as the median sale price, is $221,846. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Martinez, Georgia?
The median gross rent in Martinez, Georgia is $1,256 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Martinez in 2020?
In 2020, the median gross rent in Martinez, Georgia was $1,086 per month.
What is the price-to-rent ratio in Martinez, Georgia?
The price-to-rent ratio in Martinez, Georgia is about 14.7, meaning it would take roughly 14.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Martinez.
Are home prices or rent rising faster in Martinez, Georgia?
Both home prices and rent are rising in Martinez, up about 7.6% and 2.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Martinez, Georgia?
61.3% of households in Martinez, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Martinez, Georgia?
The housing vacancy rate in Martinez, Georgia is 13.7%, higher than the Georgia average of 10.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →