Martinsville, IN
Full City Profile · Indiana · Morgan County County
3.0
/5.0
B
Good
11,913
Population
1,301/sq mi density
$56,186
Median Income
$31,317 per capita
$140,400
Home Value
$284,384 Zillow
$952
Median Rent
31.2% income on rent
52°F
Avg Temperature
293 sunny days/yr
52
Violent Crime/100K
3,300 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$56,186 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$140,400 home value, $952/mo rent
F
Safety
1.0 / 5.0
52 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Housing Overview
Median Home Value
$140,400
50% below
US avg: $281,900
Median Rent
$952/mo
18% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
5,112
Median year built: 1961
Home Value by Source
Census Median
$140,400
Zillow (ZHVI)
$284,384
Median Sale Price
$217,000
Median List Price
$245,194
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$952/mo
· Zillow rent:
$1,048/mo
Market Indicators (Redfin)
Median Days on Market
79 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
38
homes for sale
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $140,400 |
| Zillow Home Value (ZHVI) | $284,384 |
| Median Sale Price | $217,000 |
| Median List Price | $245,194 |
| Price Per Sq Ft | $145 |
Rent
| Census Median Rent | $952 |
| Zillow Rent (ZORI) | $1,048 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 79 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.1% |
| Homes Sold | 13 |
| Active Inventory | 38 |
| Price Per Sq Ft | $145 |
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 5,112 |
| Median Year Built | 1961 |
| Rent Burden | 31.2% |
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