Market analysis · August 2026
Martin County housing market
The biggest price moves in the register on the fewest sales: both medians up double digits while closings fall double digits in both segments.
Florida, August 2026
| Measure | Figure | Change and period |
|---|---|---|
| Median sale price, single-family | $425,000 | +3.7% year over year |
| Median sale price, condo and townhouse | $295,000 | unchanged year over year |
| Closed sales, single-family | 23,870 | +5.1% year over year |
| Closed sales, condo and townhouse | 8,194 | +11% year over year |
| Months' supply, single-family | 4.5 months | no change figure published |
| Months' supply, condo and townhouse | 7.8 months | no change figure published |
| 30-year fixed mortgage rate | 6.76% | no change figure published week ending 10 Sept. 2026 |
One thing that is widely reported and is not what this data shows
The common claim: Florida condo inventory has surged because of the post-Surfside reserve requirements.
What these figures show: In July 2026, condo active inventory fell year over year in every South Florida county in this register. Condo weakness appears in median price, days to contract and months of supply, not in a rise in listings.
A driver that is documented and dated: Fannie Mae and Freddie Mac eliminated the limited review option for many condo loans on 3 Aug. 2026, and many existing Miami condominium buildings lack FHA approval.
Martin County housing market, August 2026
The biggest price moves in the register on the fewest sales: both medians up double digits while closings fall double digits in both segments.
Association MLS data, with a caveat. The source is association-grade but something about it needs stating before you read the numbers. It is stated below.
| Measure | Figure | Change and period |
|---|---|---|
| Median sale price, single-family | $656,900 | +12.77% year over year August 2026 Up from $582,500. Published with a caveat: the release's own detail paragraph labels this figure "Palm Beach County" inside the Martin release, but its lead paragraph names it as Martin's, and Palm Beach's separate release the same day reports $650,000. The label is the error, not the number. July's release transposed this county's single-family and condo medians, so this field has now needed correction two months running; Florida Realtors' Martin County Monthly Market Detail is the way to close it for good. |
| Median sale price, condo and townhouse | $277,500 | +20.65% year over year August 2026 Up from $230,000 — the largest year-over-year price move in this register. |
| Closed sales, all property types | 242 | -14.5% year over year August 2026 |
| Closed sales, single-family | 181 | -11.27% year over year August 2026 |
| Closed sales, condo and townhouse | 61 | -22.78% year over year August 2026 Against the trend inside that total: condo sales priced $200,000-$300,000 rose 53% year over year, to 23. |
| Sales at $1 million and above | 45 | +45.16% year over year July 2026 The August release does not break out $1M+ sales for this county, so this row stays on the July figure and says so. |
| Total dollar volume of closed sales | $178 million | -23.03% year over year August 2026 Single-family $156 million, down 23.97%; condo $18 million, down 15.41%. |
| Median days to contract, single-family | 56 days | no change figure published August 2026 Level only. The release prints this as "up from" a LARGER figure a year earlier, so its wording contradicts its own numbers; all five county releases do the same. No direction is published until the association corrects it. |
| Median days to contract, condo and townhouse | 84 days | no change figure published August 2026 Level only. The release prints this as "up from" a LARGER figure a year earlier, so its wording contradicts its own numbers; all five county releases do the same. No direction is published until the association corrects it. |
| Active inventory, single-family | 644 | -21.75% year over year August 2026 |
| Active inventory, condo and townhouse | 492 | -19.87% year over year August 2026 Seventh consecutive monthly year-over-year decline. |
| Months' supply, single-family | 3.4 months | no change figure published August 2026 Characterised by the reporting association as a seller's market. |
| Months' supply, condo and townhouse | 5.5 months | no change figure published August 2026 The only condo segment in this register the association calls a seller's market. |
| Percent of original list price, single-family | 94% | no change figure published August 2026 |
| Percent of original list price, condo and townhouse | 91% | no change figure published August 2026 |
| Cash sales as a share of closings | 40.5% | no change figure published August 2026 Condo 52.4%, single-family 36.4%. Down from 43.8% a year earlier. |
| Distressed sales | 0.4% of closed sales | no change figure published August 2026 Short sales 0.4%, REO 0%. |
Insurance
| Measure | Figure | Change and period |
|---|---|---|
| Average homeowners insurance premium | $5,899 | no change figure published as of 31 Mar. 2026 Including wind. $2,471 excluding wind. |
| Average condo unit-owner insurance premium | $1,765 | no change figure published as of 31 Mar. 2026 Condo unit-owner, including wind. $887 excluding wind — the lowest in this register. |
What the analysts say
South Florida is seeing strong wage growth driven by net job migration in higher-paying jobs like professional/tech services, health care, and finance, and tech jobs. The widening gap in tax policy is driving an acceleration in migration from high-tax states.
What the reporting association says
Check any number in these quotations against the table above. The people quoted here are officers of MIAMI REALTORS® + RWorld, the association that publishes this county's data, speaking in its own press release. Their words are reproduced exactly as published because what the reporting body said is worth knowing. They are not this page's figures: anything stated inside a quotation — a number, a record, a judgement that somewhere is a good value — is the speaker's claim, not a figure this site sourced, dated and stands behind. Everything this site does stand behind is in the table above, with the period it describes and the report it came from, and in the Works Cited below. Where a quotation touches something this page can check, the note under it says so.
Coastal lifestyle, community character and long-term real estate opportunity – that's what makes Martin County such a special place.
Reproduced as published. "Community character" is the speaker's phrase for the built and coastal character of Stuart and the Martin County shoreline; it is not a statement about who lives there, and this site serves every buyer and seller on equal terms under the Fair Housing Act. "Long-term real estate opportunity" is the speaker's view and is not a representation by this site about investment performance.
Works Cited
- “Martin County Median Home Prices Keep Climbing.” MIAMI REALTORS® + RWorld, 16 Sept. 2026, rworld.com/blog/martin-may-2026-xzmgs-xpt6m-dp2f8. Accessed 25 Sept. 2026.
- Umpierre, Chris. “Martin County Total Home Sales Climb for Fourth Consecutive Month.” MIAMI REALTORS® + RWorld, 17 Aug. 2026, www.miamirealtors.com/2026/08/17/martin-county-total-home-sales-climb-for-fourth-consecutive-month/. Accessed 10 Sept. 2026.
- Umpierre, Chris. “Palm Beach County Total Home Sales Surge for 11th Consecutive Month.” MIAMI REALTORS® + RWorld, 17 Aug. 2026, www.miamirealtors.com/2026/08/17/palm-beach-county-total-home-sales-surge-for-11th-consecutive-month/. Accessed 10 Sept. 2026.
- Yaworsky, Michael. “Property Insurance Stability Report.” Florida Office of Insurance Regulation, 1 July 2026, floir.gov/docs-sf/default-source/property-and-casualty/stability-unit-reports/july-2026-isu-report.pdf. Accessed 10 Sept. 2026. Premium figures in this report are stated as of 31 Mar. 2026.
Figures describe August 2026 and were compiled on 2026-09-25. MIAMI REALTORS + RWorld released August 2026 county data on 16 September 2026. September 2026 county data is expected mid-October 2026. Market data is historical reporting, not a forecast, and nothing here is a prediction about what any individual property will sell for. Jacob Campbell is a Florida real estate sales associate and is not an attorney, CPA, lender, appraiser, home inspector or insurance agent.
Working in Martin County
This is a county I work in directly. If you want these figures applied to a specific street, price band or building rather than the county as a whole, that is a conversation worth having — the county median is the least useful number in any of these tables for an actual decision.