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Martinsville, VA real estate

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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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$127K
-7.3% from Q2 '26
Median list price
$148K
-15% from Q2 '26
Active listings
130
-5.1% from Q2 '26
Homes sold
41
-13% from Q2 '26
New pendings
44
-19% from Q2 '26
New listings
63
+5% from Q2 '26

Quarterly Pricing Trends for Martinsville

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

Quarterly Pricing Trends for Martinsville Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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: $100K 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: $135K 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: $112K Median sale price in Apr 2026 - Jun 2026: $137K Median sale price in Jul 2026 - Sep 2026: $127K 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: $141K 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: $145K Median list price in Jan 2026 - Mar 2026: $112K Median list price in Apr 2026 - Jun 2026: $174K Median list price in Jul 2026 - Sep 2026: $148K 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 $100K 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 $141K Oct 2024 - Dec 2024 Median sale price $135K 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 $145K Jan 2026 - Mar 2026 Median sale price $112K Median list price $112K Apr 2026 - Jun 2026 Median sale price $137K Median list price $174K Jul 2026 - Sep 2026 Median sale price $127K Median list price $148K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
30
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 (Jul 2026 - Sep 2026).

Inventory in Martinsville has eased higher over the past year, with active listings up slightly and months of supply climbing to 6.5 in this rolling three-month view. Homes are also taking a bit longer to sell, with the median days on market edging up to 81 compared with a year ago. Even with more choices and slower pace, about 31.5 percent of homes are still going under contract within two weeks, showing some listings are drawing quick interest.

Contract activity is mixed, with homes sold up nearly 13 percent year over year, while pending sales are down about 15 percent in the same period. New listings have dipped slightly from last year, which, combined with the higher supply and longer market times, suggests buyers have more leverage than they did a year ago but not an unlimited selection.

Pricing is adjusting to these conditions, as the typical home value in Martinsville is down about 19 percent from last year, even though median list prices are modestly higher. Sellers are also seeing fewer bidding wars, with only 12.5 percent of homes selling above list price and the average sale-to-list ratio around 93 percent. With shifting supply and softer prices, Agent Pronto can connect both buyers and sellers with an agent who understands how to navigate today’s Martinsville market.



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.

“William was very helpful. If we had any questions he always answered within 15 to 30 minutes. Always a pleasure dealing with him. I would always recommend him to someone who may be looking for an agent.”

Donna Estes · Suffolk, VA

Photo of William Mallory
Iron Valley Real Estate
“I contacted James long before I actually decided to list my home. He was most helpful every step of the way. He was extremely responsive in everey situation. I need a couple inspection items repaired and he arranged for that to be accomplished immediately and at minimal expense. James was always plkeasant nand fun to work with. I highly recommend James for anyone in the market. He is most honest and on top of that; fun to work with.”

Karen Shelley Beller · Midlothian, VA

Photo of The Strum Group
Long & Foster Real Estate Long and Foster
“Working with Gurdeep was an exceptional experience. She guided me like an elder sister, standing by my side at every step of the property-buying journey. Her dedication, care, and personal attention made me feel as though she was purchasing the property for herself. She ensured everything went smoothly, always keeping my best interests in mind. I truly appreciate her professionalism, honesty, and genuine commitment. I couldn't have asked for a better person to guide me through such an important milestone. Highly recommended!”

Jay Mehta · Gainesville, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“I appreciate her knowledge, accessibility and response when I had questions.”

Christine · Disputanta, VA

Photo of Karen Dailey
Century 21 Realty @ Home
“Needed a local agent to represent us because we didn't live in area. Amber was polite, promt, and professional. Very responsive and knowledgeable. Was a great experience from start to finish.”

doug brothers ·

Photo of Amber Crum
Epique Realty
“Mike has been an outstanding property manager. He’s responsive, professional, dependable, and consistently stays on top of anything that comes up. Communication is excellent, and I always feel confident knowing the property is being handled properly. It’s rare to find someone who takes this much ownership and genuinely makes being a property owner easier. I highly recommend Mike to anyone looking for a reliable, trustworthy property manager. While I’m sad he’s leaving the PM side of things, I’d absolutely ask him to represent me as a buying or selling agent 10/10 times!”

no9soccerplayer ·

Photo of Jason Cheperdak
Samson Properties
“My husband and I recently sold our home, and we honestly couldn't have asked for a better realtor than Daniel! From start to finish, he was absolutely exceptional! Incredibly knowledgeable, detail-oriented, patient, and always responsive. What impressed us most was how much effort he put into making sure we understood every step of the process. He even took the time to record a video walking us through the some documents, explaining everything clearly so we knew exactly what we were signing. That level of care and dedication is truly rare! Daniel was also very approachable, open to our ideas and suggestions, and always willing to work with us. His extensive experience selling homes in our neighborhood was a huge advantage, and his guidance gave us so much confidence throughout the process. What truly sets Daniel apart is that he genuinely cares about his clients. We never felt rushed or pressured, and he always made us feel heard and supported. We are incredibly grateful for his hard work, professionalism, and dedication. If you're looking for a realtor who is knowledgeable, trustworthy, responsive, and truly goes above and beyond, look no further than Daniel! We wholeheartedly recommend him and would work with him again in a heartbeat!”

kikiokpara ·

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“I was new to Richmond and got connected to Mike by booking a tour on Zillow. We clicked immediately! He showed an interest in my personal situation and the reasons for buying. He was very flexible as we looked at properties in neighborhoods that, looking back, I would not want to live in. He was patient, informative, and very consultative during the entire process. I highly recommend Mike! He’s become a friend and I look forward to seeing his continued business growth!”

Chad Kanyer ·

Photo of Clayton Gits
Mission Realty
“We cannot recommend Lexie enough! She was patient, knowledgeable, and very supportive throughout the entire home search and purchasing process. My husband and I decided - when I was six months pregnant! - that we wanted to move forward with buying our first home in DC. We were paired with Lexie through Zillow scheduling on a house tour and could not have been happier. Lexie is from the area, which helped us think through neighborhoods and needs. She was patient with us as we changed our minds on what we really wanted at least a few times. She met us for house tours in almost all DC summer elements - torrential downpours and over 100 degree heat indexes. We ultimately ended up in the perfect home and neighborhood for our growing family thanks to her support. We would recommend her to anyone in the DMV area looking to buy or sell their home!!”

gillianibach ·

Photo of Lexie Doud
Samson Properties
“Manavi was incredibly supportive, communicative, and responsive throughout the entire home buying process. She took the time to get to know us personally, which made a huge difference in helping us find the right home for the long-term. She went above and beyond to answer our questions, understand our needs, and guide us every step of the way. We’re so grateful for her help and would highly recommend her! We specifically centered our search around Old Town Alexandria and Del Ray Alexandria, settling on the Parker-Gray neighborhood, but Manavi’s knowledge of the entire northern Virginia region is extensive and impressive!”

Meghan McCann ·

Photo of The Boeser Group
@properties - RLAH Real Estate
“Jasmine was AMAZING!! Attentive, well informed, and VERY PROFESSIONAL! Best Customer Service Support I’ve experienced in ages! The rest of team as well went above and beyond to help get me my new home. Every question was answered quickly and accurately. They made sure there were no unexpected surprises. All deadlines were explained and met. EXCELLENT AND JOB WELL DONE!!!”

Melony Henderson ·

Photo of Andy Nelson
Iron Valley Real Estate Hampton Roads
“Raegan Cox was a phenomenal help in us buy our house. He went over and above many many times and stuck with the process, advocating for us each step of the way with the lender. I had to travel internationally while in the process and that was not a process. He made things happen when we were not in town. We cannot recommend Raegan high enough. He will help you get into a house and doesn't let things slip. Great communicator. Easy to work with.”

jmwilliams2100 ·

Photo of Cabell Childress Group
Long & Foster Real Estate Long & Foster Realtors
“Darren Robertson is AMAZING! We worked with him 8 years ago the first time for a purchase. This year we bought a new home, AND sold our condo both with Darren at the helm, in 54 days!! Professional giant! Superior communication every single step of the way. If you want a real estate agent that gets the job done, look no further. Cheers! David and Sara”

frenchfrybozowski ·

Photo of Darren Robertson Homes
Keller Williams Fairfax Gateway
“Ashley and Dawn were amazing working with us, they helped us negotiate on our home and made sure to handle everything. They answered all of our questions no matter big or small it may have seemed”

Adonis Ortiz ·

Photo of Ashley Shorter
Momentum Real Estate
“We were in need of an "instant" buyers agent for a home we wanted to purchase at Lake Frederick VA. As a simple incredible stroke of luck we contacted Yvonne Holland. Yvonne is extremely familiar with Lake Frederick and she lives in the Community. She went above and beyond what anyone would expect to purchase and quickly close the purchase of our new home. This lady is the real deal and we would recommend her exclusively!”

kelley slentz ·

Photo of Dustin Fox
Pearson Smith Realty
“Marcy and her team are true professionals and know how to get your house sold They make selling your home easy guiding you through the selling process They staged my home and we got a offer on the first day of the open house Kept me updated through the selling process all the way till the end of closing Highly recommend Marcy She makes selling your home easy”

badaly57 ·

Photo of Dandridge Realty Group
Dandridge Realty Group
“Agent Pronto's recommended agent, Jen Richards, was very thorough and wonderful to work with. We engaged with her in the 2nd half of June and she went to work right away having a complete set of nearly 100 photos taken and establishing an on-line presence of our property as "coming soon". In the meantime, she carefully coached us on what furniture should remain in the property and what items should be put away. Once we were ready to start showing our property just before July 4th, Jen immediately scheduled two open houses and proceeded to get the word out to her realtor community that our property was available. In subsequent weeks, additional open houses were scheduled and several prospective buyers scheduled private showings of our property. As the weeks continued to pass, Jen assured us that we should not be discouraged by not having an offer already. In fact, there were several interested parties whose pursuit of our property was interrupted by vacation travel plans. As time proceeded without an offer, Jen moved to expand her advertising to cover a broader area within the Washington metro area and by mid September we started to receive offers with more than one of them being all-cash offers. Finally, right at the beginning of October, we received two very attractive cash offers and we quickly arrived at the point of coming to terms on one of the offers and we successfully closed on the sale of our property on October 16th! Overall, we were very pleased with the listing agent, Jen Richards, who was recommended to us by Agent Pronto.”

David B. · Winchester, VA

Photo of Jen Richards
SAMSON Properties
“Boris, Thank you for helping me sell my first house and the place I called home for 15 years! Although this was a bitter sweet moment your professionalism, expert knowledge of the housing market, constant communication and guidance made this experience an easy and smooth transaction on our end. I’ll be sure to stay in contact and share your information with anyone looking for a realtor.”

Marja Brown · Washington, DC

Photo of Boris Miric
Fathom Realty
“Jennifer did a great job helping me and my husband buy a townhouse in Arlington, VA. She's extremely responsive and always happy to help out with anything we needed during the home buying process. She truly went above and beyond for us since we were buying from out of state. She was ready to show us homes on short notice and in a small timeframe while we were in state and she took care of all other in-person processes needed once we were gone. She's also clearly very knowledgeable about the area and the home buying process, she was very upfront and informative with all the information we needed. I would absolutely recommend working with her!”

AntoniaDelawie ·

Photo of Agent4ThePeople
Samson Properties
“Kris made both buying our new home and selling our previous one a smooth and successful experience, all within just three months. She was patient, kind, and consistently available to show us homes, answer our questions, and do whatever was needed to get our home ready for the market. Her dedication and positive attitude never wavered, and we always felt supported throughout the process. We’re incredibly grateful for her help and would highly recommend Kris to anyone looking for a caring, dependable real estate agent.”

M & LK · Woodbridge, VA

Photo of Kris Riley
NextHome Mission

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.