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Home values, rents and more in Martinsville city, VA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$111,000
Metro: $135,000 · U.S.: $366,000
Home values, past year
−5.9%
Metro: −4.6% · U.S.: +1.2%
Typical rent
$958/mo
Metro: $912 · U.S.: $1,932
Population
13,849
Census estimate, July 2025
Median household income
$46,727
Metro: $49,860 · U.S.: $80,734
Counties around Martinsville city, VA, shaded by typical home valueMartinsville cityHenry
  • Under $150k
  • $150k–$190k
  • $190k–$200k
  • $200k–$250k
  • $250k+
  • No data
Counties around Martinsville city, VA, shaded by typical home value (Zillow, counties). Martinsville city, VA is outlined.

How Martinsville city, VA compares

The typical home in Martinsville city, VA is worth about $111,000, according to the Zillow Home Value Index for September 2026. Home values in Martinsville city, VA are 18% below the typical value in the Martinsville metro area ($135,000) and 70% below the U.S. typical value ($366,000).

Over the past year, home values in Martinsville city, VA fell 5.9%, compared with −4.6% in the Martinsville metro area and +1.2% nationally.

Typical rent is $958 a month (Zillow Observed Rent Index), 5% above the Martinsville metro area ($912) and 50% below the U.S. ($1,932).

The median household income is $46,727, against $49,860 in the Martinsville metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 13,849 people live in Martinsville city, VA (Census Bureau estimate for July 2025).

Martinsville city, VA has the 2nd-lowest typical home value of the 133 counties in Virginia with Zillow figures.

Part of: Martinsville metro area · Virginia

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • School test scores
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • Unemployment and job growth
  • Building permits
  • Mortgage delinquency
  • 2024 presidential vote
  • Age, education and household make-up
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Nearby counties

Cities in Martinsville city, VA

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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