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Collinsville, VA

Full City Profile · Virginia · Martinsville city County

3.2 /5.0
B Good
7,645 Population 973/sq mi density
$50,465 Median Income $25,151 per capita
$123,500 Home Value $161,175 Zillow
$714 Median Rent 27.8% income on rent
56°F Avg Temperature 305 sunny days/yr
356 Violent Crime/100K 2,797 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$50,465 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$123,500 home value, $714/mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher

Housing Overview

Median Home Value
$123,500
56% below
US avg: $281,900
Median Rent
$714/mo
39% below
US avg: $1,163/mo
Homeownership Rate
59.8%
9% below US avg (65.4%)
Total Housing Units
3,648
Median year built: 1976

Home Value by Source

Census Median
$123,500
Zillow (ZHVI)
$161,175
Median Sale Price
$175,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

59.8%
Owner-Occupied
40.2%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $714/mo

Market Indicators (Redfin)

Median Days on Market
293 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
47.1%
of listings with price reduction
Price Per Sq Ft
$101
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
59.8%

Complete Housing Data

Home Values

Census Median Value$123,500
Zillow Home Value (ZHVI)$161,175
Median Sale Price$175,000
Price Per Sq Ft$101

Rent

Census Median Rent$714
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market293
Sale-to-List Ratio1.0%
Price Drops47.1%
Homes Sold3
Active Inventory17
Price Per Sq Ft$101

Ownership & Stock

Owner-Occupied59.8%
Renter-Occupied40.2%
Homeownership Rate59.8%
Total Housing Units3,648
Median Year Built1976
Rent Burden27.8%