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 $691,948, higher than the New Jersey average of $388,929.
The average cost of rent is $1,657/mo in Martinsville, primarily driven by the current value of real estate in the Martinsville area. While nearly 32.62% of residents own their homes outright in Martinsville, 5.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville is $15,347 per month. Households that rent pay about 10.80% of their income on rent here. Martinsville's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Bound Brook, NJ: less expensive homes
- Finderne, NJ: less expensive homes
- Warren, NJ: higher priced homes
- Green Knoll, NJ: less expensive homes
- South Bound Brook, NJ: less expensive homes
- Middlesex, NJ: less expensive homes
- Bridgewater, NJ: less expensive homes
- Bernards, NJ: less expensive homes
- Zarephath, NJ: less expensive homes
- Dunellen, NJ: less expensive homes
Cities with Similar Populations
- Willington, CT: less expensive homes
- West Kingston, RI: less expensive homes
- West Lake Hills, TX: higher priced homes
- Wewahitchka, FL: less expensive homes
- Whittier, NC: less expensive homes
- West Liberty, OH: less expensive homes
- West Middlesex, PA: less expensive homes
- Wilsons Mills, NC: less expensive homes
- Wilmer, TX: less expensive homes
- West Peoria, IL: less expensive homes
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