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Home values, rents and more in the Martinsville metro area

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

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Typical home value
$135,000
Virginia: $412,000 · U.S.: $366,000
Home values, past year
−4.6%
Virginia: +2.1% · U.S.: +1.2%
Typical rent
$912/mo
Virginia: $2,041 · U.S.: $1,932
Rents, past year
+5.6%
Virginia: +1.2% · U.S.: +2.9%
Population
63,091
Census estimate, July 2025
Median household income
$49,860
Virginia: $93,170 · U.S.: $80,734
Counties around the Martinsville metro, shaded by typical home valueHenry
  • Under $140k
  • $140k–$190k
  • $190k–$200k
  • $200k–$260k
  • $260k+
  • No data
Counties around the Martinsville metro, shaded by typical home value (Zillow, counties). The metro area is outlined.

How the Martinsville metro compares

The typical home in the Martinsville metro area is worth about $135,000, according to the Zillow Home Value Index for September 2026. Home values in the Martinsville metro are 67% below the typical value in Virginia ($412,000) and 63% below the U.S. typical value ($366,000).

Over the past year, home values in the Martinsville metro fell 4.6%, compared with +2.1% in Virginia and +1.2% nationally.

Typical rent is $912 a month (Zillow Observed Rent Index), 55% below Virginia ($2,041) and 53% below the U.S. ($1,932). Rents rose 5.6% over the past year.

The median household income is $49,860, against $93,170 in Virginia and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 63,091 people live in the Martinsville metro (Census Bureau estimate for July 2025).

The Martinsville metro has the 49th-lowest typical home value of the 923 metro areas in the United States and the lowest of 12 in Virginia with Zillow figures.

Part of: 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
  • Zillow 12-month price forecast
  • 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
  • Amenities and transit nearby
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Nearby metro areas

Counties in the Martinsville metro

Cities in the Martinsville metro

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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