Data as of March 2026. Source: Realtor.com.
The MARTINSVILLE, VA real estate market (24112) currently shows 148 active listings, with 36 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 57 days last year.
The median listing price has fallen 18.8% year-over-year, from $209,200 to $169,900.
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.
Population: 30,370 · Density: 77.5/mi² · Median household income: $42,349
Typical home value: $110,275 · Homeownership: 66.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24112 | Martinsville, VA 24112 | 0.0 mi | 131 | $28,277,398 | $177,000 | $215,858 |
| 24168 | Stanleytown, VA 24168 | 5.6 mi | 2 | $2,349,000 | $1,174,500 | $1,174,500 |
| 24055 | Bassett, VA 24055 | 8.6 mi | 37 | $8,807,591 | $194,675 | $238,043 |
| 24148 | Ridgeway, VA 24148 | 9.9 mi | 25 | $6,968,775 | $234,250 | $278,751 |
| 24165 | Spencer, VA 24165 | 14.9 mi | 7 | $8,032,325 | $637,450 | $1,147,475 |
| 24133 | Patrick Springs, VA 24133 | 15.8 mi | 7 | $1,422,316 | $204,900 | $203,188 |
| 27288 | Eden, NC 27288 | 16.6 mi | 97 | $24,523,346 | $199,450 | $252,818 |
| 24088 | Ferrum, VA 24088 | 17.4 mi | 11 | $8,559,540 | $377,425 | $778,140 |
| 24137 | Penhook, VA 24137 | 17.6 mi | 21 | $31,705,821 | $1,118,500 | $1,509,801 |
| 24092 | Glade Hill, VA 24092 | 19.8 mi | 2 | $699,800 | $349,900 | $349,900 |
| 27027 | Mayodan, NC 27027 | 20.7 mi | 13 | $2,629,094 | $229,225 | $202,238 |
| 24176 | Union Hall, VA 24176 | 21.6 mi | 12 | $8,921,904 | $699,225 | $743,492 |
| 24531 | Chatham, VA 24531 | 23.8 mi | 26 | $6,876,324 | $211,575 | $264,474 |
As of March 2026, there are 148 active listings in MARTINSVILLE, VA (zip code 24112), compared to 119 the prior year.
The median listing price in MARTINSVILLE, VA 24112 is $169,900 as of March 2026, a 18.8% decrease from $209,200 the prior year.
Homes in MARTINSVILLE, VA 24112 spend an average of 69 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MARTINSVILLE, VA 24112 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in MARTINSVILLE, VA 24112 save an estimated $3,398 compared to a typical 5% commission on the median listing price of $169,900. 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.