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Advertise here →Martinsville, VA · Market Data
Martinsville, Virginia real estate market data.
Real estate market data for Martinsville, VA (Martinsville city) — Census median home value $92,500, county listing prices down about 0.7% over the past year.
Martinsville, VA is in Martinsville city, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,584, with a median household income of $42,434. Census data puts Martinsville's median home value at $92,500.
At a glance
Martinsville market snapshot
Population
13,584
Median Household Income
$42,434
Median Home Value (city)
$92,500
Median Gross Rent
$784/mo
Price Trend (YoY)
-0.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Martinsville
What makes Martinsville different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Martinsville's median home value — across all owner-occupied homes, not just recent sales — at $92,500.
County Price Trend
Martinsville city's FHFA house price index shows a -0.74% annual change in 2025.
Population & Income
Martinsville has an estimated population of 13,584 and a median household income of $42,434, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Martinsville's Census-reported median home value works out to about 2.2x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Martinsville FAQ
What are home values like in Martinsville, VA?
The Census Bureau's American Community Survey puts Martinsville's median home value at $92,500.
What is the population of Martinsville, VA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Martinsville's population at approximately 13,584.
What's the median rent in Martinsville, VA?
The Census ACS estimates median gross rent in Martinsville at approximately $784 per month.
What is the median household income in Martinsville, VA?
Census ACS data puts the median household income in Martinsville at approximately $42,434.
Is the Martinsville housing market growing?
Martinsville city's FHFA house price index shows a -0.74% annual change in 2025.
Is Martinsville, VA affordable relative to income?
Census ACS data puts Martinsville's median home value at about 2.2 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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