Martinsville, VA Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Martinsville: a median closing price of $105,000 across 234 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 September 2026.
The snapshot
- •Closings tracked, last 12 months: 234
- •Median sold price, last 12 months: $105,000
- •Median of MLS-listed sales alone, last 12 months: $130,000
- •Median sold $/sqft, last 12 months: $75
- •Middle half of sales closed between: $47,500 and $190,000
What the numbers say
Resideline tracked 234 closed sales in Martinsville over the last 12 months, with a median closing price of $105,000. 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 $47,500 and $190,000. 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. 94% 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 233 closings with usable living area, the middle half sold between $42 and $111 per square foot.
Figures last updated September 6, 2026 from closings Resideline tracked.
Median home price in Martinsville, VA (September 2026)
The median home price in Martinsville is $105,000, measured across the 234 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $47,500 and $190,000.
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 that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $47,500 and $190,000. Among the 57 Virginia markets with a published band, Martinsville's middle-half spread ($47,500 to $190,000) ranks 57th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 99th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.
How long a sale takes here
- •Listed to under contract: a median of 42 days, across 133 Martinsville closings Resideline tracked in the last 12 months
- •Contract to closing: a median of 34 days, across 119 Martinsville closings Resideline tracked in the last 12 months
The Martinsville angle
At a median of $105,000 across 234 tracked closings, Martinsville is one of the cheapest markets on this list, and its middle half runs all the way from $47,500 to $190,000. That is among the widest spreads we track, which at this price level means the difference between a livable house and a project is most of the value. The band leans upward: $105,000 to $190,000 covers more ground than $47,500 to $105,000.
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. 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, VA
Geography: incorporated municipality, Census place 5149784
Data updated: September 2026
Analysis period: last 12 months
Tracked closings: 234
Median sold price: $105,000
Median sold $/sqft: $75 (233 qualifying)
Property mix: 94% houses
https://resideline.com/blog/martinsville-va-housing-market
Writing about this market? Paste this into your post:
<a href="https://resideline.com/blog/martinsville-va-housing-market">
<img src="https://resideline.com/images/embed/martinsville-va.png" alt="Martinsville, VA home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/martinsville-va-housing-market">Resideline Market Watch</a></p>
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. The closings we track within the Martinsville city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 33% of the 234 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $130,000.
Frequently Asked Questions
What is the median home price in Martinsville?
The median sold price in Martinsville over the last 12 months is $105,000, measured across 234 closings Resideline tracked.
How many homes sold in Martinsville last month?
Resideline tracked 9 closed sales in Martinsville in August 2026, out of 234 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 $47,500 and $190,000, with a median of $105,000.
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 $75, measured across 233 sales with usable living area. Median is used rather than average because outliers distort the mean.
Why is it so hard to value a house in Martinsville?
Because condition does more of the work here than location does, and condition is the thing a citywide figure cannot see. The middle half of tracked closings covers one of the widest stretches we track, which tells you that near identical addresses are closing at very different numbers. Any estimate that does not state an assumption about condition is really just quoting the market average back at you. Say what condition you are assuming, then find closings that match it.
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