Housing in Martinsville, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$109,352
Martinsville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Martinsville is highlighted.
Median Home Value
9th%ilemost expensive$73,600show rank
Median Rent
7th%ilemost expensive rent$588show rank
Rent Burden
5th%ilehighest rent burden10.9%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$73,600
Median Rent
$588
Total Housing Units
602
Vacancy Rate
10.0%
Owner Occupied
71.8%
Renter Occupied
28.2%
Median Property Tax
$1,208
per year
Monthly Cost (w/ Mortgage)
$695
Housing Types
Single Family77.4%
Multi-Family17.9%
Mobile Home4.7%
The median home value in Martinsville, IL is $73,600. According to Zillow, the home value index for Martinsville is $109,352. The median rent is $588 per month (Census ACS). About 71.8% of housing units are owner-occupied. The median year homes were built is 1962. There are 602 total housing units.