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City / Town Overview

Martinsville, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Martinsville, VA real estate market currently shows 162 active listings, with 42 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 60 days last year.

The median listing price has risen 4.8% year-over-year, from $183,675 to $192,475.

Whether you are buying or selling in Martinsville, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 30,370  ·  Density: 77.5/mi²  ·  Median household income: $42,349

Typical home value: $110,275  ·  Homeownership: 66.9%

Included Areas

Hilltop: 24113, 24114, 24115

Martinsville: 24112

Area Map

Market Overview

Active Listings
162
⇧ 24.6% vs 130 last year
Pending
42
26% pending ratio
Median Price
$192,475
⇧ 4.8% vs $183,675 last year
Average Price
$237,495
⇩ 8.8% vs $260,458 last year
Days on Market
72
⇧ 20% vs 60 days last year

Price Per Square Foot

Median $/sqft
$118
⇩ 9.9% vs $131/sqft last year
Median Home Size
1,592 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %