Martinsville, VA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Martinsville, VA is a cooling market — favorable for buyers.

  • •Prices have declined 3.6% — a strong buyer's market with room to negotiate.
  • •Price-to-rent ratio: 12.6 — buying is likely more cost-effective than renting.

Median Home Value

$132,827

ZHVI

Year-over-Year

-3.6%

Price change

5-Year Change

+36.9%

Since 2021

Median Rent

$876/mo

ZORI

Active Listings

232

For sale

State Avg

$405,474

Virginia

Home Value Trends

5-year Zillow Home Value Index for Martinsville, VA vs. state and national averages.

Rent Data

Median Rent

$876/mo

Rent YoY Change

0%

Rent vs. Buy Calculator

Other Markets in Virginia

Charlottesville, VA$457,385Richmond, VA$383,940Winchester, VA$380,312Virginia Beach, VA$363,198Harrisonburg, VA$340,251Staunton, VA$320,761
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.