Housing in Martinsville, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$975,000

Median List Price

$749,000

Price Per Sq Ft

$297

Days on Market

31

Active Inventory

9

Months of Supply

1.3

Seller's market

Price Trends

Source: Redfin
Sale Price 58.5%List Price 8.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

57.1%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.7%

Buyer's market

Sold Above Asking
57.1%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
11.1%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

4

Pending Sales

5

Homes Sold 0.0%New Listings 76.5%Pending 64.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$297

Median List $/SF

$282

Sale $/SF 6.3%List $/SF 6.9%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

$702,700

Median Rent

$2,183

Total Housing Units

4,278

Vacancy Rate

2.1%

Owner Occupied

94.5%

Renter Occupied

5.5%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,853

Housing Types

Single Family
92.7%
Multi-Family
7.3%
Mobile Home
0.0%

The current median sale price in Martinsville, NJ is $975,000 according to Redfin data. Homes spend a median of 31 days on the market. 57.1% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $297. The median rent is $2,183 per month (Census ACS). About 94.5% of housing units are owner-occupied. The median year homes were built is 1970. There are 4,278 total housing units.