Why Live in Martin Springs
Martin Springs is named for a natural spring that flows from a cave in the area, an attraction that was once converted into a roadside resort. No longer a roadside attraction after the interstate passed it by, the area is now home to a small community off Interstate 24 between Monteagle and Kimball. Cabins and a few luxury estates are scattered across the valley and mountains. “It’s pretty through there. The landscape just rolls,” says Melissa Hubbard, a Realtor with Re/Max Realty South who has worked in the area for eight years. “It’s rural, but it’s close enough to everything.” Community homes sit along winding drives, often on large plots with sweeping mountain views. Cabins are most common, though plenty of lots are available for buyers to build their own custom homes. Houses generally sell for $280,000 to $630,000, though larger outliers and luxury estates can go for higher. Land prices vary but typically fall between $10,000 and $30,000 per acre. The CAP Index Crime Score for Martin Springs is 1 out of 10, lower than the national average of 4. The Marion County School District receives an overall C-plus rating from Niche. Students can attend South Pittsburg Elementary, which
Home Trends in Martin Springs, TN
On average, homes in Martin Springs, Monteagle sell after 47 days on the market compared to the national average of 51 days. The median sale price for homes in Martin Springs, Monteagle over the last 12 months is $520,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$520,000
Median Single Family Sale Price
$535,000
Median 2 Bedroom Sale Price
$259,000
Average Price Per Sq Ft
$288
Number of Homes for Sale
16
Last 12 months Home Sales
21
Median List Price
$550,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
8%