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Martin County

Florida · Port St. Lucie, FL metro area · 166,272 residents (2025 est.)

FHFA annual index 1975–2025Developmental county indexPermits through August 2026
FHFA house price index for Martin County, 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,114
Martin County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Martin County, Florida, starts in 1975 and stood at 1114 in 2025, +1013.6% above its base of 100.

Over the ten years to 2025 the index rose +137.3% (+9.0% a year), above Florida at +126.8% and well above the national +85.0%. The Port St. Lucie, FL area rose +147.1%. The latest one-year change is −1.7%.

The strongest decade was the 2010s (+73.7%); the weakest the 1990s (+22.9%).

After a 2006 peak the index fell −45.4% to 2012 and regained the peak in 2020.

Builders were authorised for 961 housing units in the county in the 12 months to August 2026 (+11.6% on the previous 12 months), 5.8 units per 1,000 residents; 98% were single-family houses. Since 1995 the county has authorised 25,421 units, most in 2003.

−1.7%1 year, 2024–2025Florida −0.5%
+66.7%5 yearsUS +47.0%
+137.3%10 years+9.0% a year annualised
+301.8%since 2000US +158.3%
961units permitted, 12 months5.8 per 1,000 residents

Same span, four levels

Change in the FHFA indexMartin CountyPort St. Lucie areaFloridaUnited States
1 year (2024–2025)−1.7%−0.6%−0.5%+2.8%
5 years (2020–2025)+66.7%+64.5%+59.9%+47.0%
10 years (2015–2025)+137.3%+147.1%+126.8%+85.0%
20 years (2005–2025)+84.7%+73.8%+89.6%+79.1%
Since 2000+301.8%+293.2%+264.2%+158.3%
Since 1975+1013.6%+751.6%+927.1%+960.7%
10-year annualised+9.0%+9.5%+8.5%+6.3%
20-year annualised+3.1%+2.8%+3.3%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+58.7%+68.2%
1990s (1990–2000)+22.9%+33.9%
2000s (2000–2010)+38.8%+29.7%
2010s (2010–2020)+73.7%+35.5%
2020s so far (2020–2025)+66.7%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20062012−45.4%2020
19751976−11.4%1978

Building permits

Housing units authorised by building permits in Martin County, by month over the latest five years and by year since 1995.

Housing units authorised in Martin County by month, latest 12 months0100200Sep 2025: 78 units (78 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 53 units (53 single-family, 0 in multi-unit buildings)Oct 2025Nov 2025: 30 units (30 single-family, 0 in multi-unit buildings)Nov 2025Dec 2025: 51 units (51 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 162 units (160 single-family, 2 in multi-unit buildings)Jan 2026Feb 2026: 130 units (130 single-family, 0 in multi-unit buildings)Feb 2026Mar 2026: 47 units (43 single-family, 4 in multi-unit buildings)Mar 2026Apr 2026: 97 units (97 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 68 units (64 single-family, 4 in multi-unit buildings)May 2026Jun 2026: 105 units (103 single-family, 2 in multi-unit buildings)Jun 2026Jul 2026: 74 units (72 single-family, 2 in multi-unit buildings)Jul 2026Aug 2026: 66 units (64 single-family, 2 in multi-unit buildings)Aug 2026

Housing units authorised in Martin County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Martin County by month, latest 60 months0200400600Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 145 units (25 single-family, 120 in multi-unit buildings)Feb 2022: 87 units (31 single-family, 56 in multi-unit buildings)Mar 2022: 98 units (40 single-family, 58 in multi-unit buildings)Apr 2022: 249 units (55 single-family, 194 in multi-unit buildings)May 2022: 59 units (49 single-family, 10 in multi-unit buildings)Jun 2022: 44 units (40 single-family, 4 in multi-unit buildings)Jul 2022: 427 units (40 single-family, 387 in multi-unit buildings)Aug 2022: 42 units (36 single-family, 6 in multi-unit buildings)Sep 2022: 84 units (40 single-family, 44 in multi-unit buildings)Sep 2022Oct 2022: 30 units (30 single-family, 0 in multi-unit buildings)Nov 2022: 21 units (21 single-family, 0 in multi-unit buildings)Dec 2022: 50 units (50 single-family, 0 in multi-unit buildings)Jan 2023: 32 units (24 single-family, 8 in multi-unit buildings)Feb 2023: 71 units (33 single-family, 38 in multi-unit buildings)Mar 2023: 78 units (73 single-family, 5 in multi-unit buildings)Apr 2023: 68 units (54 single-family, 14 in multi-unit buildings)May 2023: 106 units (49 single-family, 57 in multi-unit buildings)Jun 2023: 87 units (40 single-family, 47 in multi-unit buildings)Jul 2023: 83 units (41 single-family, 42 in multi-unit buildings)Aug 2023: 117 units (68 single-family, 49 in multi-unit buildings)Sep 2023: 91 units (53 single-family, 38 in multi-unit buildings)Sep 2023Oct 2023: 62 units (55 single-family, 7 in multi-unit buildings)Nov 2023: 25 units (25 single-family, 0 in multi-unit buildings)Dec 2023: 111 units (60 single-family, 51 in multi-unit buildings)Jan 2024: 27 units (27 single-family, 0 in multi-unit buildings)Feb 2024: 78 units (44 single-family, 34 in multi-unit buildings)Mar 2024: 77 units (40 single-family, 37 in multi-unit buildings)Apr 2024: 113 units (72 single-family, 41 in multi-unit buildings)May 2024: 60 units (57 single-family, 3 in multi-unit buildings)Jun 2024: 51 units (48 single-family, 3 in multi-unit buildings)Jul 2024: 68 units (60 single-family, 8 in multi-unit buildings)Aug 2024: 47 units (47 single-family, 0 in multi-unit buildings)Sep 2024: 38 units (36 single-family, 2 in multi-unit buildings)Sep 2024Oct 2024: 63 units (39 single-family, 24 in multi-unit buildings)Nov 2024: 35 units (35 single-family, 0 in multi-unit buildings)Dec 2024: 90 units (32 single-family, 58 in multi-unit buildings)Jan 2025: 62 units (62 single-family, 0 in multi-unit buildings)Feb 2025: 59 units (57 single-family, 2 in multi-unit buildings)Mar 2025: 100 units (100 single-family, 0 in multi-unit buildings)Apr 2025: 83 units (83 single-family, 0 in multi-unit buildings)May 2025: 117 units (117 single-family, 0 in multi-unit buildings)Jun 2025: 111 units (111 single-family, 0 in multi-unit buildings)Jul 2025: 39 units (39 single-family, 0 in multi-unit buildings)Aug 2025: 64 units (64 single-family, 0 in multi-unit buildings)Sep 2025: 78 units (78 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 53 units (53 single-family, 0 in multi-unit buildings)Nov 2025: 30 units (30 single-family, 0 in multi-unit buildings)Dec 2025: 51 units (51 single-family, 0 in multi-unit buildings)Jan 2026: 162 units (160 single-family, 2 in multi-unit buildings)Feb 2026: 130 units (130 single-family, 0 in multi-unit buildings)Mar 2026: 47 units (43 single-family, 4 in multi-unit buildings)Apr 2026: 97 units (97 single-family, 0 in multi-unit buildings)May 2026: 68 units (64 single-family, 4 in multi-unit buildings)Jun 2026: 105 units (103 single-family, 2 in multi-unit buildings)Jul 2026: 74 units (72 single-family, 2 in multi-unit buildings)Aug 2026: 66 units (64 single-family, 2 in multi-unit buildings)

Housing units authorised in Martin County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Martin County by year, 1995–202501,0002,0003,0001995: 850 units (850 single-family, 0 in multi-unit buildings)19951996: 965 units (965 single-family, 0 in multi-unit buildings)1997: 905 units (905 single-family, 0 in multi-unit buildings)1998: 982 units (982 single-family, 0 in multi-unit buildings)1999: 1,114 units (1,055 single-family, 59 in multi-unit buildings)2000: 1,384 units (1,026 single-family, 358 in multi-unit buildings)20002001: 1,306 units (947 single-family, 359 in multi-unit buildings)2002: 1,477 units (1,440 single-family, 37 in multi-unit buildings)2003: 2,006 units (1,390 single-family, 616 in multi-unit buildings)2004: 1,459 units (1,243 single-family, 216 in multi-unit buildings)2005: 2,006 units (1,120 single-family, 886 in multi-unit buildings)20052006: 964 units (936 single-family, 28 in multi-unit buildings)2007: 366 units (318 single-family, 48 in multi-unit buildings)2008: 224 units (174 single-family, 50 in multi-unit buildings)2009: 120 units (106 single-family, 14 in multi-unit buildings)2010: 199 units (167 single-family, 32 in multi-unit buildings)20102011: 224 units (205 single-family, 19 in multi-unit buildings)2012: 320 units (299 single-family, 21 in multi-unit buildings)2013: 485 units (474 single-family, 11 in multi-unit buildings)2014: 432 units (366 single-family, 66 in multi-unit buildings)2015: 412 units (323 single-family, 89 in multi-unit buildings)20152016: 427 units (333 single-family, 94 in multi-unit buildings)2017: 375 units (329 single-family, 46 in multi-unit buildings)2018: 441 units (422 single-family, 19 in multi-unit buildings)2019: 723 units (427 single-family, 296 in multi-unit buildings)2020: 544 units (479 single-family, 65 in multi-unit buildings)20202021: 942 units (477 single-family, 465 in multi-unit buildings)2022: 1,334 units (455 single-family, 879 in multi-unit buildings)2023: 944 units (575 single-family, 369 in multi-unit buildings)2024: 646 units (524 single-family, 122 in multi-unit buildings)2025: 845 units (843 single-family, 2 in multi-unit buildings)2025

Housing units authorised in Martin County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Martin CountyFloridaUnited States
Housing units authorised961158,3701,418,086
Units per 1,000 residents5.86.74.1
Single-family share98%69%63%
Change on previous 12 months+11.6%−7.4%−0.1%
Units authorised since 199525,4214,459,07143,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Martin County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
34956+21.2%+172.0%—202424
33455+4.9%+151.7%+355.6%202547
34997−1.7%+144.3%+318.3%202548
33469−1.2%+142.5%+400.6%202543
34957−5.4%+139.7%+305.7%202548
34996+2.1%+133.1%+302.6%202540
34994−8.0%+132.4%+279.5%202541
349900.0%+119.5%+257.1%202542

Cities and permit-issuing places in Martin County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Martin County Unincorporated Area664—98%
Indiantown village28541.899%

Questions and answers

How much have home values in Martin County risen over 10 years?

The FHFA index for Martin County rose +137.3% from 2015 to 2025, about +9.0% a year. Over 20 years: +84.7%; since 2000: +301.8%.

How does Martin County compare with Florida and the United States?

Over the ten years to 2025: Martin County +137.3%, Florida +126.8%, United States +85.0%, Port St. Lucie, FL +147.1%.

What happened to Martin County prices in 2008?

The index peaked in 2006 and fell −45.4% to 2012; it passed the peak again in 2020. The state index fell −44.2% over 2006–2012.

How many homes are being built in Martin County?

961 housing units were authorised by building permits in the 12 months to August 2026 (945 single-family, 0 in buildings of five or more units), or 5.8 per 1,000 residents against 6.7 for Florida.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.