Population: 30,370 · Density: 77.5/mi² · Median household income: $42,349
Typical home value: $110,275 · Homeownership: 66.9%
Data as of January 2026. Source: Realtor.com.
The MARTINSVILLE, VA real estate market (24112) currently shows 126 active listings, with 35 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 84 days on market compared to 71 days last year.
The median listing price has risen 6.3% year-over-year, from $169,364 to $180,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24112 | Martinsville, VA 24112 | 0.0 mi | 126 | $26,130,636 | $180,000 | $207,386 |
| 24168 | Stanleytown, VA 24168 | 5.6 mi | 3 | $3,523,500 | $1,174,500 | $1,174,500 |
| 24055 | Bassett, VA 24055 | 8.6 mi | 40 | $9,666,920 | $189,900 | $241,673 |
| 24148 | Ridgeway, VA 24148 | 9.9 mi | 23 | $7,365,175 | $270,000 | $320,225 |
| 24165 | Spencer, VA 24165 | 14.9 mi | 7 | $2,142,105 | $321,579 | $306,015 |
| 24133 | Patrick Springs, VA 24133 | 15.8 mi | 7 | $1,509,025 | $222,000 | $215,575 |
| 27288 | Eden, NC 27288 | 16.6 mi | 99 | $23,512,599 | $224,893 | $237,501 |
| 24088 | Ferrum, VA 24088 | 17.4 mi | 8 | $5,718,488 | $399,900 | $714,811 |
| 24137 | Penhook, VA 24137 | 17.6 mi | 21 | $31,278,681 | $1,004,500 | $1,489,461 |
| 24092 | Glade Hill, VA 24092 | 19.8 mi | 1 | $1,750,000 | $1,750,000 | $1,750,000 |
| 27027 | Mayodan, NC 27027 | 20.7 mi | 14 | $3,041,780 | $229,450 | $217,270 |
| 24176 | Union Hall, VA 24176 | 21.6 mi | 13 | $10,617,243 | $799,250 | $816,711 |
| 24531 | Chatham, VA 24531 | 23.8 mi | 28 | $7,083,244 | $190,000 | $252,973 |
As of January 2026, there are 126 active listings in MARTINSVILLE, VA (zip code 24112), compared to 124 the prior year.
The median listing price in MARTINSVILLE, VA 24112 is $180,000 as of January 2026, a 6.3% increase from $169,364 the prior year.
Homes in MARTINSVILLE, VA 24112 spend an average of 84 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MARTINSVILLE, VA 24112 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in MARTINSVILLE, VA 24112 save an estimated $3,600 compared to a typical 5% commission on the median listing price of $180,000. 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.