Start Free
All market snapshots / 46151

Martinsville, IN 46151 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Martinsville, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 3636PendingPending sales: 33
Martinsville, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $300k$300kSoldMedian sold price (last 6 months): $310k$310k
What homes actually sell for in Martinsville, IN
Distribution of 260 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $228k to $490k
$150k to $222k: 46 sales$150k$222k to $294k: 59 sales59sales$294k to $366k: 40 sales$294k$366k to $437k: 24 sales$437k to $509k: 17 sales$437k$509k to $581k: 24 sales$581k to $653k: 20 sales$581k$653k to $725k: 4 salesMedian $310k

What the numbers say

As of October 19, 2026, Resideline is tracking 36 active listings and 3 pending sales in ZIP code 46151. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,980, while the median of the 260 closed sales Resideline tracked over the last six months was $310,000. 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 72 days.

Frequently asked questions

What is the median home price in 46151?

The median closed sale price in Martinsville, IN 46151 was $310,000 over the last six months, based on 260 closed sales tracked by Resideline. The middle half of those sales ranged from $227,500 to $490,000.

Is 46151 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 36 active listings in 46151, a pending-to-active ratio of 0.08. 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

Full Martinsville, IN housing market report →

Running a deal in 46151? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 46151 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.