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 $95,284, lower than the Virginia average of $323,261.
The average cost of rent is $655/mo in Martinsville, primarily driven by the current value of real estate in the Martinsville area. While nearly 51.60% of residents own their homes outright in Martinsville, 35.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martinsville is $3,432 per month. Households that rent pay about 19.08% of their income on rent here. Martinsville's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Jones Creek, VA: equally priced homes
- Koehler, VA: equally priced homes
- Collinsville, VA: higher priced homes
- Horse Pasture, VA: equally priced homes
- Chestnut Knob, VA: higher priced homes
- Fieldale, VA: less expensive homes
- Stanleytown, VA: higher priced homes
- Ridgeway, VA: higher priced homes
- Figsboro, VA: higher priced homes
- Preston, VA: equally priced homes
Cities with Similar Populations
- Denver, NC: higher priced homes
- Tahlequah, OK: higher priced homes
- Steubenville, OH: higher priced homes
- Hartsville, SC: higher priced homes
- Harbor City, CA: higher priced homes
- Garden City, NY: higher priced homes
- Fresno, TX: higher priced homes
- Franklin, NC: higher priced homes
- Edgewater, FL: higher priced homes
- Dix Hills, NY: higher priced homes
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