27889 — Martin County, North Carolina Market Snapshot
Housing market data for zip code 27889 in Martin County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
53 sales in 2026 (year to date)
Median Sale Price
$287,000
Days to Sell
44
Homes Sold
53
Inventory
78
Sale-to-List
96.3%
New Listings
80
Price/SqFt
$173
Pending Sales
68
Conforming Loan Available
Most homebuyers in 27889 can comfortably use conventional financing. The median home price of $287,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
27889's market is balanced with homes taking an average of 44 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 27889 sells for 3.7% below asking price (96.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 27889 can comfortably use conventional financing. The median home price of $287,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 27889 are set at the county level.
2026 Loan Limits — Martin County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 27889
To purchase the median home at $287,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,349.
Monthly Payment
$2,349
Income Required
$100,667
Principal & Interest
$1,768/mo
Down Payment (5%)
$14,350
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 27889.
Estimated Monthly Payment
$1,926
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