%
CapRateCity
Free cap rate calculators for every US market
MarketsTennesseeMartinAppreciation & Growth Forecast

Appreciation & Growth Forecast: Martin, TN

Updated 2026 · Based on median market data for Martin, TN

Cap Rate
5.34%
Median Price
$180K
Rent/Mo
$1,080
1% Rule
0.60%
Fails

Historical Appreciation

Home values in Martin, TN have appreciated at 3.1% per year. This is roughly in line with or slightly above the national average, providing steady equity building without the volatility of boom markets.

5-Year Price Projection

If Martin continues appreciating at 3.1% annually, the current median of $180,000 would reach approximately $209,684 in 5 years — an equity gain of $29,684 on a property purchased at the median. With a 20% down payment of $36,000, that represents a 82% return on invested equity from appreciation alone. Combined with 5 years of NOI totaling approximately $48,056, the projected total return is $77,740 — a 216% cumulative return on the initial investment.

Growth Drivers

Martin's population is growing at 1.6% annually — well above the US average of ~0.5%. Rapid population growth is the single strongest predictor of sustained home price appreciation because it creates persistent demand pressure. More people need more housing, and new construction rarely keeps pace with demand in fast-growing markets.

Total Return Analysis

Smart investors evaluate both cash flow AND appreciation. In Martin, the 5.34% cap rate provides strong ongoing cash flow, while 3.1% annual appreciation adds an equity component. This is a rare combination — both strong cash flow AND solid appreciation. Markets like this offer the best risk-adjusted total returns.

Sponsored · Want to analyze a specific property? DealCheck imports real listing data and runs the full analysis for you.
Try Free →

How Martin Compares

Martin vs Tennessee state average and national average across key investment metrics. Martin outperforms both benchmarks on cap rate.

Metric
Martin
Tennessee Avg
National Avg
Cap Rate
5.34%
4.12%
3.81%
Median Price
$180K
$297K
$333K
Median Rent
$1,080
$1,419
$1,524
Property Tax
0.65%
0.65%
1.08%
Vacancy
5.7%
5.7%
5.6%
Pop. Growth
1.6%/yr
1.6%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Martin, TN
5.3%
$180K
$1,080
0.65%
Ada, OK
4.6%
$180K
$1,000
0.88%
Bartlesville, OK
5.4%
$180K
$1,130
0.88%
Beaumont, TX
5.5%
$180K
$1,270
1.72%
Columbus, MS
6.8%
$180K
$1,340
0.66%

Frequently Asked Questions

How fast are home prices rising in Martin?
Home values in Martin have been appreciating at 3.1% per year. This is near the national average, providing steady equity growth. At this rate, a $180K home would be worth approximately $210K in 5 years.
Is Martin a growing city?
Martin's population of 50,000 is growing at 1.6% per year. This rapid growth drives housing demand and supports both rent increases and price appreciation.
What is the best investment strategy for Martin?
Martin's 5.34% cap rate and strong growth make it a balanced market. Look for value-add properties below median where you can force appreciation through renovation while capturing cash flow.
How does Martin compare to other South cities?
Among South markets, Martin's 5.34% cap rate exceeds the Tennessee average of 4.12%. Prices at $180K are below the state average of $297K. See our comparison tool to evaluate Martin against specific markets.
Full Martin Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Martin & Related Markets

More Martin Guides

Rental Property Investment GuideRent AnalysisProperty Tax GuideCost of Living & AffordabilityNeighborhood Investment Guide

Similar Markets in the South

Brownsville, TX$205K · $1,420/mo
5.3%
Valdosta, GA$220K · $1,380/mo
5.3%
Hattiesburg, MS$210K · $1,280/mo
5.3%
New Bern, NC$255K · $1,550/mo
5.3%
Hammond, LA$220K · $1,310/mo
5.3%
The CapRateCity Report
Weekly market analysis: highest cap rate cities, emerging markets, and deal breakdowns. Free, no spam.