34996 — Martin County, Florida Market Snapshot
Housing market data for zip code 34996 in Martin County, Florida. Updated monthly with median prices, days on market, and more.
Market Sales Data
27 sales in 2026 (year to date)
Median Sale Price
$925,000
Days to Sell
84
Homes Sold
27
Inventory
42
Sale-to-List
92.6%
New Listings
36
Price/SqFt
$421
Pending Sales
33
Jumbo Loan Likely Needed
The median home in 34996 at $925,000 exceeds the 2026 conforming loan limit of $832,750 by $92,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 84 days on average, 34996 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 34996 sells for 7.4% below asking price (92.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 34996 at $925,000 exceeds the 2026 conforming loan limit of $832,750 by $92,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 34996 are set at the county level.
2026 Loan Limits — Martin County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $603,750 |
| 2 Units | $1,066,250 | $772,900 |
| 3 Units | $1,288,800 | $934,250 |
| 4 Units | $1,601,750 | $1,161,050 |
Affordability Snapshot — Zip 34996
To purchase the median home at $925,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,237.
Monthly Payment
$7,237
Income Required
$310,160
Principal & Interest
$5,700/mo
Down Payment (5%)
$46,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 34996.
Estimated Monthly Payment
$5,875
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