Martinsville, IN Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Martinsville: a median closing price of $231,000 across 202 closings Resideline tracked over the last 12 months, plus the full price spread.
If you invest in or around Martinsville, the number that matters is what homes actually close for, not what sellers are asking. Here is what Martinsville sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of August 2026.
The snapshot
- •Closings tracked, last 12 months: 202
- •Median sold price, last 12 months: $231,000
- •Median sold $/sqft, last 12 months: $144
- •Middle half of sales closed between: $195,000 and $283,000
What the numbers say
Resideline tracked 202 closed sales in Martinsville over the last 12 months, with a median closing price of $231,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $195,000 and $283,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 95% of the Martinsville closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 201 closings with usable living area, the middle half sold between $112 and $176 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Martinsville, IN (August 2026)
The median home price in Martinsville is $231,000, measured across the 202 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $195,000 and $283,000.
Where Martinsville sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Martinsville over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $195,000 and $283,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 17 days, across 153 Martinsville closings Resideline tracked in the last 12 months
- •Contract to closing: a median of 30 days, across 160 Martinsville closings Resideline tracked in the last 12 months
The Martinsville angle
Martinsville's band is wide enough that the citywide midpoint should never be presented as a home value. Fix property type, hold the size window tight, and match condition where the data supports it. The upper half of the band is the wider side, so the higher priced comps scatter more, and a set that leans that way should come with a wider stated range. Where the adjusted result lands outside $195,000 to $283,000, explain it from the property rather than defending it from the citywide figures.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Martinsville address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Martinsville, IN
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 202
Median sold price: $231,000
Median sold $/sqft: $144 (201 qualifying)
Property mix: 95% houses
https://resideline.com/blog/martinsville-in-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Martinsville over the last 12 months, and is refreshed when the data is.
Frequently Asked Questions
What is the median home price in Martinsville?
The median sold price in Martinsville over the last 12 months is $231,000, measured across 202 closings Resideline tracked.
How many homes sold in Martinsville last month?
Resideline tracked 16 closed sales in Martinsville in July 2026, out of 202 closings tracked over the last 12 months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Martinsville?
The middle half of Martinsville sales over the last 12 months closed between $195,000 and $283,000, with a median of $231,000.
What is the typical price per square foot in Martinsville?
Among qualifying Martinsville closings Resideline tracked over the last 12 months, the median sold price per square foot was $144, measured across 201 sales with usable living area. Median is used rather than average because outliers distort the mean.
When is it acceptable for an estimate to fall outside the middle range?
Whenever the property itself explains it. The range from $195,000 to $283,000 covers the middle half of closed sales, so plenty of homes close below it and above it. Unusual size, acreage, condition or finish routinely puts a home outside the band. What matters is that the reason is stated and traceable to matched comps rather than to a hunch. An estimate outside the band with no explanation is a warning sign, and one inside the band is not automatically right either.
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