Housing in Martinsville, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$97,500
Median List Price
$137,450
Price Per Sq Ft
$76
Days on Market
82
Active Inventory
60
Months of Supply
10.0
Buyer's market
Zillow Home Value
$126,535
ZHVI — January 2026
Zillow Rent Index
$950
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
21.1%
Sale-to-List Ratio
94.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
12
Pending Sales
19
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$76
Median List $/SF
$96
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
$92,500
Median Rent
$784
Total Housing Units
7,031
Vacancy Rate
20.1%
Owner Occupied
56.7%
Renter Occupied
43.3%
Median Property Tax
$746
per year
Monthly Cost (w/ Mortgage)
$710
Housing Types
The current median sale price in Martinsville, VA is $97,500 according to Redfin data. Homes spend a median of 82 days on the market. 16.7% of homes sold above asking price. The market has 10.0 months of supply. The median price per square foot is $76. Zillow's observed rent index is $950/month. About 56.7% of housing units are owner-occupied. The median year homes were built is 1959. There are 7,031 total housing units.