Martinsville, IN 46151 Housing Market
- Active listings32currently for sale
- Pending sales3under contract
- Median asking price$304,990current listings
- Listing age71 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)279a tracked sample, not a market total
- Median sold price$317,500last 6 months
- Middle half of sold prices$230k to $482k25th to 75th percentile
What the numbers say
As of October 1, 2026, Resideline is tracking 32 active listings and 3 pending sales in ZIP code 46151. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $304,990, while the median of the 279 closed sales Resideline tracked over the last six months was $317,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46151 for 71 days.
Frequently asked questions
What is the median home price in 46151?
The median closed sale price in Martinsville, IN 46151 was $317,500 over the last six months, based on 279 closed sales tracked by Resideline. The middle half of those sales ranged from $230,000 to $482,500.
Is 46151 a buyer's or seller's market?
Resideline is currently tracking 3 pending sales against 32 active listings in 46151, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46151 currently looks like a balanced market.
Nearby ZIP code market data
- 46074 Westfield, IN
- 46143 Greenwood, IN
- 47906 West Lafayette, IN
- 47130 Jeffersonville, IN
- 47401 Bloomington, IN
- 46062 Noblesville, IN