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Martinsville, VA
Full City Profile · Virginia · Martinsville city County
3.0
/5.0
B
Good
13,584
Population
1,239/sq mi density
$42,434
Median Income
$28,834 per capita
$92,500
Home Value
$130,507 Zillow
$784
Median Rent
26.6% income on rent
56°F
Avg Temperature
305 sunny days/yr
519
Violent Crime/100K
2,695 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$42,434 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$92,500 home value, $784/mo rent
F
Safety
1.0 / 5.0
519 violent crimes/100K (36% above avg)
C+
Education
2.7 / 5.0
21.2% bachelor's degree or higher
Housing Overview
Median Home Value
$92,500
67% below
US avg: $281,900
Median Rent
$784/mo
33% below
US avg: $1,163/mo
Homeownership Rate
56.7%
13% below US avg (65.4%)
Total Housing Units
7,042
Median year built: 1958
Home Value by Source
Census Median
$92,500
Zillow (ZHVI)
$130,507
Median Sale Price
$123,000
Median List Price
$119,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.7%
Owner-Occupied
43.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$749/mo
1 Bedroom
$753/mo
2 Bedroom
$914/mo
3 Bedroom
$1,096/mo
4 Bedroom
$1,282/mo
Census median rent:
$784/mo
· Zillow rent:
$921/mo
Market Indicators (Redfin)
Median Days on Market
130 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
9
Price Drops
16.4%
of listings with price reduction
Price Per Sq Ft
$89
Active Inventory
67
homes for sale
Affordability & Housing Stock
Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
56.7%
Complete Housing Data
Home Values
| Census Median Value | $92,500 |
| Zillow Home Value (ZHVI) | $130,507 |
| Median Sale Price | $123,000 |
| Median List Price | $119,000 |
| Price Per Sq Ft | $89 |
Rent
| Census Median Rent | $784 |
| Zillow Rent (ZORI) | $921 |
| FMR Studio | $749 |
| FMR 1-Bedroom | $753 |
| FMR 2-Bedroom | $914 |
| FMR 3-Bedroom | $1,096 |
| FMR 4-Bedroom | $1,282 |
Market
| Days on Market | 130 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 16.4% |
| Homes Sold | 9 |
| Active Inventory | 67 |
| Price Per Sq Ft | $89 |
Ownership & Stock
| Owner-Occupied | 56.7% |
| Renter-Occupied | 43.3% |
| Homeownership Rate | 56.7% |
| Total Housing Units | 7,042 |
| Median Year Built | 1958 |
| Rent Burden | 26.6% |