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City / Town Overview

Martinsville, VA

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

Market Analysis

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

The Martinsville, VA real estate market currently shows 150 active listings, with 36 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 75 days last year.

The median listing price has risen 6.2% year-over-year, from $199,975 to $212,450.

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
150
⇧ 17.2% vs 128 last year
Pending
36
24% pending ratio
Median Price
$212,450
⇧ 6.2% vs $199,975 last year
Average Price
$267,421
⇩ 0.7% vs $269,346 last year
Days on Market
80
⇧ 6.7% vs 75 days last year

Price Per Square Foot

Median $/sqft
$121
⇩ 9% vs $133/sqft last year
Median Home Size
1,932 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 %