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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 $121,094, lower than the Texas average of $235,268.
The average cost of rent is $1,104/mo in Martinsville, primarily driven by the current value of real estate in the Martinsville area. While nearly 63.55% of residents own their homes outright in Martinsville, 15.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville is $4,637 per month. Households that rent pay about 23.80% of their income on rent here. Martinsville's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Orton Hill, TX: equally priced homes
- Nacogdoches, TX: higher priced homes
- Davisville, TX: higher priced homes
- Woden, TX: equally priced homes
- Swift, TX: equally priced homes
- Melrose, TX: less expensive homes
- Douglass, TX: higher priced homes
- Pollok, TX: equally priced homes
- Grigsby, TX: equally priced homes
- Attoyac, TX: equally priced homes
Cities with Similar Populations
- Boomer, NC: less expensive homes
- Eva, AL: higher priced homes
- Eau Claire, MI: higher priced homes
- Dutton, AL: equally priced homes
- Damascus, VA: higher priced homes
- Cordova, AK: higher priced homes
- Comstock, NY: higher priced homes
- Chesterfield, IN: less expensive homes
- Chackbay, LA: higher priced homes
- Pine Forest, TX: equally priced homes
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