Home › Counties › Martinsville City, VA
The median home value in Martinsville City, VA is $110,964 as of 2026-08-31, down 4.69% from a year earlier.
Median Home Value
$110,964
Year-over-Year
-4.69%
National Rank
#2935 of 3071
Martinsville City ranks 132nd out of 133 counties in VA by median home price, and is -52.8% below the U.S. national median of $235,072. Within VA, the typical county has a median home value of $307,999, making Martinsville City -64.0% below the VA state median.
The typical home value decreased by 4.8%, from $116,574 in May 2026 to $110,964 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $116,574 | -2.1% |
| Jun 2026 | $119,923 | -2.7% |
| Jul 2026 | $110,839 | -3.5% |
| Aug 2026 | $110,964 | -4.7% |
Households here earn a median of $46,727 a year against a typical home value of $110,964 — a price-to-income ratio of 2.4×, comfortably below the 3× income level generally considered manageable. That is less affordable than roughly 10% of U.S. counties. (How this is calculated.)
The median home value in Martinsville City is $110,964. That's down 4.69% from a year earlier. That is about 52.8% below the U.S. national county median of $235,072, and makes Martinsville City the 132nd most expensive of 133 counties in Virginia.
Median household income here is $46,727, so a typical home costs about 2.4× annual household earnings — relatively affordable compared with other U.S. counties.
Norton City · Dickenson County · Lee County · Covington City · Buchanan County