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Martinsville real estate Market Report.

Information and statistics on the latest trends in the Martinsville real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$134K
+34% from Q1 '26
Median list price
$168K
+52% from Q1 '26
Active listings
131
+16% from Q1 '26
Homes sold
36
+33% from Q1 '26
New pendings
48
+9.1% from Q1 '26
New listings
62
+17% from Q1 '26

Quarterly Pricing Trends for Martinsville

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Martinsville Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $111K Median sale price in Jul 2021 - Sep 2021: $100K Median sale price in Oct 2021 - Dec 2021: $112K Median sale price in Jan 2022 - Mar 2022: $116K Median sale price in Apr 2022 - Jun 2022: $130K Median sale price in Jul 2022 - Sep 2022: $151K Median sale price in Oct 2022 - Dec 2022: $98K Median sale price in Jan 2023 - Mar 2023: $35K Median sale price in Apr 2023 - Jun 2023: $110K Median sale price in Jul 2023 - Sep 2023: $138K Median sale price in Oct 2023 - Dec 2023: $114K Median sale price in Jan 2024 - Mar 2024: $146K Median sale price in Apr 2024 - Jun 2024: $139K Median sale price in Jul 2024 - Sep 2024: $150K Median sale price in Oct 2024 - Dec 2024: $136K Median sale price in Jan 2025 - Mar 2025: $134K Median sale price in Apr 2025 - Jun 2025: $171K Median sale price in Jul 2025 - Sep 2025: $157K Median sale price in Oct 2025 - Dec 2025: $134K Median sale price in Jan 2026 - Mar 2026: $100K Median list price in Apr 2021 - Jun 2021: $143K Median list price in Jul 2021 - Sep 2021: $95K Median list price in Oct 2021 - Dec 2021: $125K Median list price in Jan 2022 - Mar 2022: $137K Median list price in Apr 2022 - Jun 2022: $162K Median list price in Jul 2022 - Sep 2022: $120K Median list price in Oct 2022 - Dec 2022: $90K Median list price in Jan 2023 - Mar 2023: $127K Median list price in Apr 2023 - Jun 2023: $135K Median list price in Jul 2023 - Sep 2023: $150K Median list price in Oct 2023 - Dec 2023: $140K Median list price in Jan 2024 - Mar 2024: $137K Median list price in Apr 2024 - Jun 2024: $150K Median list price in Jul 2024 - Sep 2024: $152K Median list price in Oct 2024 - Dec 2024: $135K Median list price in Jan 2025 - Mar 2025: $129K Median list price in Apr 2025 - Jun 2025: $188K Median list price in Jul 2025 - Sep 2025: $145K Median list price in Oct 2025 - Dec 2025: $160K Median list price in Jan 2026 - Mar 2026: $110K Apr 2021 - Jun 2021 Median sale price $111K Median list price $143K Jul 2021 - Sep 2021 Median sale price $100K Median list price $95K Oct 2021 - Dec 2021 Median sale price $112K Median list price $125K Jan 2022 - Mar 2022 Median sale price $116K Median list price $137K Apr 2022 - Jun 2022 Median sale price $130K Median list price $162K Jul 2022 - Sep 2022 Median sale price $151K Median list price $120K Oct 2022 - Dec 2022 Median sale price $98K Median list price $90K Jan 2023 - Mar 2023 Median sale price $35K Median list price $127K Apr 2023 - Jun 2023 Median sale price $110K Median list price $135K Jul 2023 - Sep 2023 Median sale price $138K Median list price $150K Oct 2023 - Dec 2023 Median sale price $114K Median list price $140K Jan 2024 - Mar 2024 Median sale price $146K Median list price $137K Apr 2024 - Jun 2024 Median sale price $139K Median list price $150K Jul 2024 - Sep 2024 Median sale price $150K Median list price $152K Oct 2024 - Dec 2024 Median sale price $136K Median list price $135K Jan 2025 - Mar 2025 Median sale price $134K Median list price $129K Apr 2025 - Jun 2025 Median sale price $171K Median list price $188K Jul 2025 - Sep 2025 Median sale price $157K Median list price $145K Oct 2025 - Dec 2025 Median sale price $134K Median list price $160K Jan 2026 - Mar 2026 Median sale price $100K Median list price $110K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
27
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Inventory in Martinsville has expanded in the latest rolling three-month view, with about 131 active listings, up slightly from a year ago. Homes are taking much longer to sell, with median days on market jumping to 68 days and more than tripling year over year. Months of supply has climbed to 6.7, almost four times higher than last year, indicating buyers have more options and sellers are facing a slower pace.

Pricing has softened compared with a year earlier even as supply has grown. The typical home value over the rolling period is about $133,670, down a bit year over year, and the median list price is also slightly lower than last year despite a large month-to-month bump. Fewer homes are changing hands, with sales over the last three months down more than a third from a year ago and new listings lower as well, showing that both sides of the market are pulling back somewhat.

Competitive bidding has cooled, with only about 11 percent of homes selling above list and the average sale-to-list ratio at roughly 95 percent, a touch lower than last year. At the same time, more than a quarter of homes still go under contract within two weeks, so well-priced properties can move faster than the overall averages suggest. Buyers navigating these mixed signals and sellers adjusting expectations in Martinsville can both benefit from Agent Pronto’s help in finding the right local real estate agent.



Learn more about what Martinsville has to offer.

Martinsville offers residents a warm, close-knit community with affordable living, easy access to outdoor recreation, and a growing mix of local shops, arts, and events that keep everyday life engaging.

Martinsville stands apart from nearby communities like Roanoke and Greensboro with its blend of small city scale, motorsports legacy, and tight community ties. Life here moves at a comfortable pace, yet residents enjoy amenities that reflect its history as a manufacturing center and racing destination.

Sports and culture anchor local identity. Race week at Martinsville Speedway brings national attention, while everyday recreation happens at spots like Jack Dalton Park and the Smith River Sports Complex. The Uptown Martinsville area is seeing renewed energy, with small businesses, local dining, and civic events supported by the City of Martinsville.

Families look closely at education and activities. Martinsville City Public Schools and nearby Patrick & Henry Community College offer local options, while the Virginia Museum of Natural History and the Martinsville branch library provide year round learning and enrichment. Outdoor enthusiasts appreciate easy access to the Dick & Willie Passage Rail Trail and the broader Henry County countryside.

In Martinsville, the real estate market can shift quickly between established neighborhoods and newer construction. Whether you are getting your current home ready to list or preparing to buy with confidence, connecting early with the right local expert through Agent Pronto helps you time the market and move forward with a clear plan.

Find your Martinsville real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“We have known Judy for several years and always knew we would select her as our realtor when it came time to sell our house. She did an amazing job and we couldn't be happier! As people who believe in planning, we especially appreciated Judy's support as we got ready to put the house on the market. Our conversations regarding the sale of our home took place over many months ensuring that when listing day came we were more than ready. Judy is exceptionally knowledgeable on the northern Virginia market and all of her recommendations were on point. Our house sold in one weekend with multiple competitive offers and we give Judy the credit. She priced the house appropriately and marketed it exceptionally well. While selling a house is never easy, Judy made the process as painless as possible and was there to support us throughout the process. We would highly recommend Judy.”

Christopher and Pamela · Dumfries, VA

Photo of Judy Petrak
Century 21 New Millennium
“Working with William Mallory was a real pleasure. From our very first meeting, his professionalism and dedication were front and center. He took the time to truly understand our needs, navigated every step of the process . William is communicative, and a true expert in his field. I would strongly recommend working with William”

Frederic Six · Norfolk, VA

Photo of William Mallory
Iron Valley Real Estate
“I cannot recommend Lindsay enough. She was always available to answer my questions, kept me updated throughout the entire process, and made what could have been a stressful experience feel smooth and manageable. She genuinely cared about helping me find the right home and was there every step of the way. I am extremely grateful for all of her hard work and would not hesitate to work with her again or recommend her to my family and friends.”

Edwin Martinez · Woodbridge, VA

Photo of Lindsay Summa
NextHome Mission
“Debbie not only helped us find exactly what we were looking for, and where, but she helped us set up the sale of our previous house, and helped us negotiate consecutive closing dates as well as a possession maintenance period of our previous house in order to make our move easier. Having now worked with her on a sale and a purchase, plus her having done wonders for other family members, we would recommend her to anyone looking to purchase a home.”

Robert Pervere · Coinjock, NC

DM
The Real Estate Group
“Great experience with Brooke. This is the fourth time she's been involved with a purchase and selling of a home.”

Nick Rowe · Bristol, TN

Photo of Brooke Shelton
Century 21 Legacy
“Carla is a seasoned agent with a wealth of knowledge in the Northern Virginia area. We worked with her in the past, both buying and selling homes. We were extremely happy throughout the process then, and on the recent sale of our home. She is the only agent I would use going forward should the need arise. Thank you Carla!!”

Diane Peters · Manassas, VA

Photo of Carla  Unterkofler
Century 21 New Millennium
“Nick was great to work with! He was very personable and easy going. He made time for every home we wanted to see at the exact times we wanted to see it. He stuck with us even after a 6 month lull in looking at homes. I would consider Nick not only a professional, but he has become a friend.”

Jacob and Sarah · Louisa, VA

Photo of Nick Hill
Century 21 New Millenium
“We cannot say enough good things about Danny. This was our second time working with him, and there is a reason we came back. He has earned our trust time and time again, and if we could use him for every real estate transaction in the future, we absolutely would. From listing and marketing our home to navigating inspections, repairs, buyer concerns, and closing, Danny went above and beyond every step of the way. We faced several unexpected challenges during the process, but he remained calm, proactive, and solution-oriented throughout. What sets Danny apart is his communication, professionalism, and genuine dedication to his clients. He kept us informed, advocated for our interests, coordinated with all parties involved, and made sure nothing fell through the cracks. We wholeheartedly recommend him to anyone looking for a knowledgeable, responsive, and trustworthy realtor.”

Miranda Richardson · Rockville, MD

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“Bree Cox did a great job selling my home. She communicated exceptionally well, and we were always on the same page regarding our goals for the sale and our strategy for marketing the home. We were under contract in less than a week, and the process couldn’t have gone more smoothly. I would highly recommend Bree to anyone looking to buy or sell a home in this market.”

Scott G · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Working with Boris in DC was an outstanding experience from start to finish. He was knowledgeable, responsive, and truly understood the DC market. Throughout the entire process, he made us feel informed and supported, always going above and beyond to answer questions and advocate for our interests. His professionalism, honesty, and attention to detail made what could have been a stressful experience feel smooth and manageable. I would highly recommend Boris to anyone looking to buy or sell a home in the DC area.”

D.T. · Washington, DC

Photo of Boris Miric
Fathom Realty
“We had the most amazing home buying experience with Mrs.Debra. She was very professional, courteous, and patient. She took extra care in listening to our desires and tailored our search for homes that met all our needs. Mrs. Debra also made herself available to us and acted with speed when it counted the most. Thank you so much for helping us find our new home.”

Latavia · Fairfax, VA

Photo of Debra  McElroy
Century 21 New Millennium
“Gurdeep was amazing - covering all the bases, communicating often, and working hard to sell our property in a short time. She made everything as easy as possible and was a source of excellent advice throughout the process, as well as a pleasure to work with. If we return to the area, we will absolutely seek her services again.”

Elizabeth · Reston, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“​I cannot recommend Wes Sparks at eXp Realty highly enough! My father and I recently worked with Wes to sell my father's home, and the entire experience was seamless, professional, and incredibly successful. ​From our very first meeting, it was clear that Wes is an expert in his field. He brought a wealth of market knowledge and a strategic approach that gave us immediate confidence. Selling a family home can often be an emotional and complex process, but Wes handled everything with the utmost respect and patience.”

Smithson · Stanardsville, VA

Photo of Wes Sparks
eXp Realty, LLC
“Harvey Raffensperger at Iron Valley Real Estate was fantastic. We sold our home in Hampton in under three months, and honestly the whole process was way less painful than I expected. Harvey knows the local market well, kept us in the loop throughout, and was always easy to reach. The real test came when we ran into a really difficult buying agent — Harvey handled it calmly and professionally and kept everything from falling apart. We barely even felt the turbulence. If you're selling in the Hampton area, I'd go with Harvey without hesitation. Just a solid, trustworthy agent who gets the job done.”

Anita · Hampton, VA

Photo of Harvey Raffensperger
Iron Valley Real Estate Prestige
“Barbie consistently arrives on time, communicates clearly and efficiently, and maintains a high level of professionalism.””

Alejandro Alvarez · Manassas Park, VA

Photo of Barbie Lee
Century 21 Redwood
“Adam worked with me an my husband , very nice and understood what I needed to do an got it done.”

Dustin and Amber Perdue · Bedford, VA

Photo of Adam Hazelwood
eXp Realty Rural Virginia Homes, Farms & Land
“Kris was wonderful to work with and we are greatful for her assistance in our fore ever home purchase”

Mike Greenberg · King George, VA

Photo of Kris Riley
NextHome Mission
“Pam is the epitome of professionalism and honesty. She operates with respect and integrity. She's incredibly well informed very balanced and measured in how she approaches things. She's always looking for solutions and a win-win outcome.”

Atousa · Washington, DC

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“I met Kat in 2022 when I needed help with a complicated sale on a tight timeline prior to an overseas assignment. She was amazing so there was no hestitation reaching out for assistance with this purchase. She and her associates are top notch all the way, bringing the unique combination of professionalism, technical acumen, positive attitude, and amazing work ethic. She's never let me down and absolutely worked miracles on several transactions for me and my family. It's an honor to support her with this review!”

Jeff · Winchester, VA

Photo of Katherine Wetzel
Century 21 Redwood Realty
“As a first-time homebuyer, working with Catherine was an amazing experience from start to finish. She was incredibly patient, knowledgeable, and always took the time to explain each step of the process in a way that made everything feel manageable and stress-free. Catherine was always responsive, professional, and truly had our best interests at heart. She made what could have been an overwhelming experience feel exciting and smooth. We couldn't have asked for a better person to guide us through our first home purchase and would highly recommend her to anyone-especially first-time buyers.”

Catherine Melendez M. · Chesapeake, VA

Photo of Catherine Kowalsky
Berkshire Hathaway BHHS RW Towne Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Martinsville. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.