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MARTINSVILLE, NJ 08836

Real Estate Market Report  ·  Somerset County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MARTINSVILLE, NJ real estate market (08836) currently shows 5 active listings, with 4 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 58 days on market compared to 33 days last year.

The median listing price has fallen 40.6% year-over-year, from $1,227,500 to $729,450.

Whether you are buying or selling in MARTINSVILLE, NJ, 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: 4,023  ·  Density: 345.4/mi²  ·  Median household income: $214,375

Typical home value: $721,749  ·  Homeownership: 97.9%

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
4
80% pending ratio
Median Price
$729,450
⇩ 40.6% vs $1,227,500 last year
Average Price
$879,250
⇩ 31.4% vs $1,281,129 last year
Days on Market
58
⇧ 75.8% vs 33 days last year

Price Per Square Foot

Median $/sqft
$299
⇩ 7.7% vs $324/sqft last year
Median Home Size
1,991 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 10 last year
  • Days on market: 58 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $729,450 (-40.6% YoY)
  • Average: $879,250 (-31.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.2 miles — 320 listings ($291,376,160 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08836Martinsville, NJ 088360.0 mi6$4,319,400$719,900$719,900
07059Warren, NJ 070593.2 mi36$63,298,008$1,652,500$1,758,278
08880South Bound Brook, NJ 088803.3 mi6$2,894,202$481,000$482,367
08812Dunellen, NJ 088123.9 mi35$31,116,050$517,450$889,030
08869Raritan, NJ 088694.9 mi5$2,762,250$552,450$552,450
08854Piscataway, NJ 088545.9 mi84$50,988,672$572,500$607,008
07920Basking Ridge, NJ 079206.0 mi38$35,803,448$499,000$942,196
07069Watchung, NJ 070696.8 mi10$16,962,810$1,671,175$1,696,281
08876Somerville, NJ 088767.1 mi30$17,649,210$599,750$588,307
07080South Plainfield, NJ 070807.5 mi41$25,505,977$583,000$622,097
07933Gillette, NJ 079338.0 mi5$3,947,835$508,750$789,567
07922Berkeley Heights, NJ 079228.5 mi18$21,698,298$1,152,750$1,205,461
07977Peapack, NJ 079779.2 mi6$14,430,000$2,405,000$2,405,000

Frequently Asked Questions

How many homes are for sale in MARTINSVILLE, NJ 08836?

As of March 2026, there are 5 active listings in MARTINSVILLE, NJ (zip code 08836), compared to 10 the prior year.

What is the median home price in MARTINSVILLE, NJ 08836?

The median listing price in MARTINSVILLE, NJ 08836 is $729,450 as of March 2026, a 40.6% decrease from $1,227,500 the prior year.

How long do homes stay on the market in MARTINSVILLE, NJ?

Homes in MARTINSVILLE, NJ 08836 spend an average of 58 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in MARTINSVILLE, NJ 08836?

Based on current inventory and days-on-market data as of March 2026, MARTINSVILLE, NJ 08836 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 58 days on market compared to 33 days last year.

How much can I save on real estate commission in MARTINSVILLE, NJ?

With SELL123.com's maximum 3% commission, sellers in MARTINSVILLE, NJ 08836 save an estimated $14,589 compared to a typical 5% commission on the median listing price of $729,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.