Housing in Martinsville, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$255,000

Median List Price

$236,447

Price Per Sq Ft

$167

Days on Market

48

Active Inventory

40

Months of Supply

5.7

Balanced market

Zillow Home Value

$280,875

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 16.2%List Price 5.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

18.2%

Sale-to-List Ratio

96.4%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
18.2%
Listings with Price Drops
30.0%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

12

Pending Sales

11

Homes Sold 50.0%New Listings 29.4%Pending 35.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$167

Median List $/SF

$142

Sale $/SF 17.6%List $/SF 5.3%Mar 24Jan 26

Martinsville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Martinsville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$140,400

Median Rent

$952

Total Housing Units

5,334

Vacancy Rate

11.2%

Owner Occupied

63.5%

Renter Occupied

36.5%

Median Property Tax

$753

per year

Monthly Cost (w/ Mortgage)

$952

Housing Types

Single Family
75.5%
Multi-Family
19.9%
Mobile Home
4.6%

The current median sale price in Martinsville, IN is $255,000 according to Redfin data. Homes spend a median of 48 days on the market. 0.0% of homes sold above asking price. The market has 5.7 months of supply. The median price per square foot is $167. The median rent is $952 per month (Census ACS). About 63.5% of housing units are owner-occupied. The median year homes were built is 1960. There are 5,334 total housing units.