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MARTINSVILLE, IL 62442

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

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$179,750
⇧ 139.7% vs $75,000 last year
Average Price
$179,750
⇧ 46.8% vs $122,467 last year
Days on Market
170
⇧ 84.8% vs 92 days last year

Market Context

Population: 2,540  ·  Density: 7.0/mi²  ·  Median household income: $58,438

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

Market Analysis

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

The MARTINSVILLE, IL real estate market (62442) currently shows 2 active listings, with 1 pending sales. Homes are averaging 170 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 170 days on market compared to 92 days last year.

The median listing price has risen 139.7% year-over-year, from $75,000 to $179,750.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 170 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $179,750 (+139.7% YoY)
  • Average: $179,750 (+46.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.5 miles — 258 listings ($62,047,364 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62442Martinsville, IL 624420.0 mi2$359,500$179,750$179,750
62441Marshall, IL 6244110.1 mi13$4,599,400$310,000$353,800
62477West Union, IL 6247711.8 mi2$167,000$83,500$83,500
62428Greenup, IL 6242815.1 mi8$1,066,136$133,500$133,267
61933Kansas, IL 6193316.8 mi2$190,000$95,000$95,000
62423Dennison, IL 6242317.9 mi4$1,183,200$285,000$295,800
61920Charleston, IL 6192021.1 mi31$7,546,764$170,150$243,444
62449Oblong, IL 6244921.5 mi8$1,445,200$189,950$180,650
62454Robinson, IL 6245422.4 mi29$6,991,175$225,000$241,075
47850Farmersburg, IN 4785022.9 mi8$1,575,888$186,450$196,986
47802Terre Haute, IN 4780224.0 mi104$29,954,392$244,900$288,023
61943Oakland, IL 6194325.7 mi6$1,977,000$329,500$329,500
47807Terre Haute, IN 4780726.5 mi41$4,991,709$113,500$121,749

Frequently Asked Questions

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

As of January 2026, there are 2 active listings in MARTINSVILLE, IL (zip code 62442), compared to 3 the prior year.

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

The median listing price in MARTINSVILLE, IL 62442 is $179,750 as of January 2026, a 139.7% increase from $75,000 the prior year.

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

Homes in MARTINSVILLE, IL 62442 spend an average of 170 days on the market before going under contract, compared to 92 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 January 2026, MARTINSVILLE, IL 62442 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 170 days on market compared to 92 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 $3,595 compared to a typical 5% commission on the median listing price of $179,750. 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.