Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Martinsville area can be challenging. Home prices in Martinsville are now at a median cost of $190,626, higher than the Indiana average of $175,617.
The average cost of rent is $882/mo in Martinsville, primarily driven by the current value of real estate in the Martinsville area. While nearly 35.15% of residents own their homes outright in Martinsville, 15.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville is $6,828 per month. Households that rent pay about 12.92% of their income on rent here. Martinsville's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- McDaniel, IN: less expensive homes
- Willowbrook Estates, IN: equally priced homes
- Centerton, IN: higher priced homes
- Browns Crossing, IN: equally priced homes
- Bethany, IN: less expensive homes
- Mahalasville, IN: equally priced homes
- Prather, IN: higher priced homes
- Brooklyn, IN: less expensive homes
- Fields, IN: higher priced homes
- Wakeland, IN: equally priced homes
Cities with Similar Populations
- Garden City, ID: higher priced homes
- Uniondale, NY: higher priced homes
- Tujunga, CA: higher priced homes
- Temple Terrace, FL: higher priced homes
- Highland Park, IL: higher priced homes
- Gulf Breeze, FL: higher priced homes
- Graham, NC: less expensive homes
- Glen Cove, NY: higher priced homes
- Gladstone, MO: equally priced homes
- Garden City, MI: less expensive homes
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