Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Martinsville City area can be challenging. Home prices in Martinsville City are now at a median cost of $76,751, lower than the Virginia average of $323,261.
The average cost of rent is $707/mo in Martinsville City, primarily driven by the current value of real estate in the Martinsville City area. While nearly 40.12% of residents own their homes outright in Martinsville City, 45.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville City is $3,085 per month. Households that rent pay about 22.90% of their income on rent here. Martinsville City's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Henry County, VA: higher priced homes
- Patrick County, VA: higher priced homes
- Pittsylvania County, VA: higher priced homes
- Danville City, VA: higher priced homes
- Carroll County, VA: higher priced homes
- Halifax County, VA: higher priced homes
- Galax City, VA: higher priced homes
- Grayson County, VA: higher priced homes
- Mecklenburg County, VA: higher priced homes
- Brunswick County, VA: higher priced homes
Counties with Similar Populations
- Nowata County, OK: higher priced homes
- Ontonagon County, MI: equally priced homes
- Oneida County, ID: higher priced homes
- Okfuskee County, OK: higher priced homes
- Ohio County, IN: higher priced homes
- Oglethorpe County, GA: higher priced homes
- Oglala Lakota County, SD: less expensive homes
- Ochiltree County, TX: higher priced homes
- O'Brien County, IA: higher priced homes
- Noxubee County, MS: equally priced homes
All Local Stats
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