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MARTINSVILLE, IL 62442

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

Market Analysis

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

The MARTINSVILLE, IL real estate market (62442) currently shows 2 active listings. Homes are averaging 222 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 222 days on market compared to 120 days last year.

The median listing price has risen 289.1% year-over-year, from $39,900 to $155,250.

Whether you are buying or selling in MARTINSVILLE, IL, 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: 2,540  ·  Density: 7.0/mi²  ·  Median household income: $58,438

Typical home value: $77,365  ·  Homeownership: 80.7%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$155,250
⇧ 289.1% vs $39,900 last year
Average Price
$155,250
⇧ 289.1% vs $39,900 last year
Days on Market
222
⇧ 85% vs 120 days last year

Price Per Square Foot

Median $/sqft
$77
⇧ 51% vs $51/sqft last year
Median Home Size
2,197 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 222 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $155,250 (+289.1% YoY)
  • Average: $155,250 (+289.1% 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 27.9 miles — 263 listings ($57,151,878 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62442Martinsville, IL 624420.0 mi2$349,500$174,750$174,750
62441Marshall, IL 6244110.1 mi13$4,558,333$341,500$350,641
62477West Union, IL 6247711.8 mi2$110,000$55,000$55,000
62428Greenup, IL 6242815.1 mi8$1,235,432$139,000$154,429
61912Ashmore, IL 6191217.6 mi5$921,800$174,899$184,360
47870Prairieton, IN 4787020.8 mi1$159,900$159,900$159,900
61944Paris, IL 6194421.5 mi34$6,180,384$106,700$181,776
62468Toledo, IL 6246822.4 mi1$165,000$165,000$165,000
47850Farmersburg, IN 4785022.9 mi9$1,934,109$210,000$214,901
47802Terre Haute, IN 4780224.0 mi108$31,593,132$256,825$292,529
61943Oakland, IL 6194325.7 mi4$186,800$46,700$46,700
47807Terre Haute, IN 4780726.5 mi38$4,627,716$103,225$121,782
47804Terre Haute, IN 4780427.9 mi38$5,129,772$127,575$134,994

Frequently Asked Questions

How many homes are for sale in MARTINSVILLE, IL 62442?

As of March 2026, there are 2 active listings in MARTINSVILLE, IL (zip code 62442), compared to 2 the prior year.

What is the median home price in MARTINSVILLE, IL 62442?

The median listing price in MARTINSVILLE, IL 62442 is $155,250 as of March 2026, a 289.1% increase from $39,900 the prior year.

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

Homes in MARTINSVILLE, IL 62442 spend an average of 222 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in MARTINSVILLE, IL 62442?

Based on current inventory and days-on-market data as of March 2026, MARTINSVILLE, IL 62442 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 222 days on market compared to 120 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MARTINSVILLE, IL 62442 save an estimated $3,105 compared to a typical 5% commission on the median listing price of $155,250. 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.