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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 $152,693, lower than the Missouri average of $246,641.
The average cost of rent is $725/mo in Martinsville, primarily driven by the current value of real estate in the Martinsville area. In Martinsville, 17.13% of households rent, and 64.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville is $4,489 per month. Households that rent pay about 16.16% of their income on rent here. Martinsville’s most expensive areas are in the eastern 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
- Washington Center, MO: higher priced homes
- Hatfield, MO: higher priced homes
- Denver, MO: equally priced homes
- New Hampton, MO: less expensive homes
- Allendale, MO: less expensive homes
- Ridgeway, MO: less expensive homes
- Bethany, MO: less expensive homes
- Eagleville, MO: less expensive homes
- Albany, MO: less expensive homes
- Blythedale, MO: less expensive homes
Cities with Similar Populations
- Bowersville, PA: equally priced homes
- Welchs, VA: higher priced homes
- Warrior Ridge, PA: higher priced homes
- Wamsutter, WY: less expensive homes
- Walston, MD: higher priced homes
- Wailua, HI: higher priced homes
- Wadena, IN: higher priced homes
- Buckeye, KY: higher priced homes
- Bremer, IA: higher priced homes
- Breeden, WV: less expensive homes
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