Metropolitan market · Virginia · June 2026 data

Martinsville Real Estate Market

The Martinsville, VA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Martinsville report in a click.

Median listing price
$202,450
▼ 7.4% YoY
Median $ / sq ft
$122
1,554 sq ft median
Median days on market
65
June 2026
Active listings
197
For sale now
New listings
64
June 2026
Listings with price cuts
24%
Share of active
Median sale price (closed)
$170,000
▼ 4.0% YoY · closed sales
Sale-to-list ratio
95.5%
Closed sales
Homes sold / month
50
Closed sales
Median listing price trend
$226K$215K$204K$193K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Martinsville VA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$219K$189K$159K$129K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Martinsville VA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
197
New this month
64
Pending
83
Price-reduced
47

As of June 2026, the median home listed in Martinsville, VA asks $202,450 — down 7.4% from a year ago. Homes are taking a median of 65 days to go under contract, and 24% of the 197 active listings have taken a price cut, which points to a balanced market. Figures cover the Martinsville, VA metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
51/100
#440 of 932 covered metros
12-month outlook
-0.9%
Flat · model output, not advice
Momentum
21
Value
73
Rental yield
66
Supply risk
32
Market heat
32

Martinsville scores 51/100 on our composite Investor Score (#440 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 67% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 7.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Martinsville ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$912/mo
−$104/mo vs today
At today's rate · 6.43%
$1,016/mo
National weekly average
If rates rise 1% · 7.43%
$1,125/mo
+$108/mo vs today

Principal & interest on the $202,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
91
▲ 139.5% vs 2024
1.4 per 1,000 residents
Net migration (2022–2023)
+290
▲ people, via tax-return records
net income flow −$4.36M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Martinsville market FAQs

What is the median home price in Martinsville?
As of June 2026, the median listing price in Martinsville, VA is $202,450, down 7.4% year over year (source: public records and industry data). Figures cover the Martinsville, VA metro area.
How fast are homes selling in Martinsville?
The median property in Martinsville spends 65 days on the market, with 197 homes actively listed and 24% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Martinsville?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Martinsville and the wider Virginia market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Martinsville, VA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.