Martinsville, VA Housing Market
The Martinsville housing market is not very competitive. The median sale price of a home in Martinsville was $135K last month, down 3.6% since last year. The median sale price per square foot in Martinsville is $73, down 13.6% since last year.
Martinsville Housing Market Trends
In March 2024, Martinsville home prices were down 3.6% compared to last year, selling for a median price of $135K. On average, homes in Martinsville sell after 43 days on the market compared to 64 days last year. There were 17 homes sold in March this year, up from 13 last year.
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How hot is the Martinsville housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 50 days.
- Hot homescan sell for around list price and go pending in around 26 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Multiple offers are rare.
- The average homes sell for about 2% below list price and go pending in around 55 days.
- Hot homescan sell for about 3% above list price and go pending in around 19 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 77 days.
- Hot homescan sell for around list price and go pending in around 42 days.
Martinsville Migration & Relocation Trends
Home offer insights for Martinsville
Recent offers
View houses in Martinsville that sold recently
Recently sold homes
- $6,200 Last Sold Price—beds—baths—sq ftlot18-19 Whittle Ct, Martinsville, VA 24112List Price$8,995Sale to List31% under listDays on Market153 dayslot18-19 Whittle Ct, Martinsville, VA 24112
- $147,000 Last Sold Price3 beds2 baths1,080 sq ft670 Pond Rd, Martinsville, VA 24112List Price$160,000Sale to List8% under listDays on Market295 days670 Pond Rd, Martinsville, VA 24112
- $70,000 Last Sold Price3 beds1 bath1,024 sq ft733 Craig St, Martinsville, VA 24112List Price$90,321Sale to List22% under listDays on Market26 days733 Craig St, Martinsville, VA 24112
- $318,000 Last Sold Price6 beds3 baths2,796 sq ft727 Wilson Ave, Martinsville, VA 24112List Price$299,900Sale to List6% over listDays on Market64 days727 Wilson Ave, Martinsville, VA 24112
- $306,000 Last Sold Price4 beds3 baths3,466 sq ft677 Preston Rd, Martinsville, VA 24112List Price$329,000Sale to List7% under listDays on Market80 days677 Preston Rd, Martinsville, VA 24112
- $12,000 Last Sold Price—beds—baths—sq ft0 Chatham Rd, Martinsville, VA 24112List Price$13,000Sale to List8% under listDays on Market245 days0 Chatham Rd, Martinsville, VA 24112
- $151,000 Last Sold Price2 beds2 baths1,429 sq ft1105 Cherry St, Martinsville, VA 24112List Price$159,900Sale to List6% under listDays on Market61 days1105 Cherry St, Martinsville, VA 24112
- $125,000 Last Sold Price3 beds1 bath864 sq ft111 Big Jane St, Martinsville, VA 24112List Price$124,900Sale to List0% over listDays on Market103 days111 Big Jane St, Martinsville, VA 24112
See all recently sold homes in Martinsville.
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Schools in Martinsville
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Albert Harris Elementary School Public • K-5 | 437 Students | N/A |
2/10 Patrick Henry Elementary School Public • K-5 | 389 Students | 2 reviews |
NR Piedmont Gov. School For Math./sci./tech. Public • N/A | - Students | N/A |
Climate's impact on Martinsville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Martinsville.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Martinsville
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