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Affordable
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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 $236,700, higher than the Kentucky average of $219,615.
The average cost of rent is $972/mo in Martinsville, primarily driven by the current value of real estate in the Martinsville area. In Martinsville, 22.22% of households rent, and 45.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville is $6,276 per month. Households that rent pay about 15.49% of their income on rent here. Martinsville’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Finney, KY: equally priced homes
- Meador, KY: equally priced homes
- Claypool, KY: less expensive homes
- Halifax, KY: equally priced homes
- Lucas, KY: equally priced homes
- Motley, KY: higher priced homes
- Oakland, KY: equally priced homes
- Merry Oaks, KY: less expensive homes
- Haywood, KY: equally priced homes
- Smiths Grove, KY: less expensive homes
Cities with Similar Populations
- Deckers Point, PA: less expensive homes
- Dispatch, KS: less expensive homes
- Deronda, WI: higher priced homes
- Denverton, CA: higher priced homes
- Denhoff, ND: less expensive homes
- Dell, MT: higher priced homes
- Delaware, MO: less expensive homes
- DeLancey, PA: less expensive homes
- Deerton, MI: equally priced homes
- Dresden, KS: less expensive homes
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