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Martinsville, VA housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $110 $125 $121 $134 23.6% 13.6% -3.2% 10.7%
Active Listing Count 94 111 134 180 22.1% 18.1% 20.7% 34.3%
Median Days on Market 60 71 60 63 -18.9% 18.3% -15.5% 5%
Share of listings with price increase 0.2% 0% 0.1% 0.1%
Share of listings with price decrease 10.6% 11.1% 18% 17.8%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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