The housing in Martinsville, IN is a great value for potential home buyers. The median value of homes in the area is $251,900, which is significantly lower than the US median housing value of $338,100. In addition to being a great investment, the homes in Martinsville have appreciated over 13.55% in the last year which is higher than the US average of 8.27%. This provides an opportunity for homeowners to build equity quickly and make their investments more valuable over time. For those looking for a place to call home on a budget and in search of strong returns from real estate investments, Martinsville should definitely be on your list of places to consider.
The median home cost in Martinsville is $251,900. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Martinsville is up 17.9%.
Average Age of Homes
- The median age of Martinsville real estate is 59 years old
The Rental Market in Martinsville
- Renters make up 37.2% of the Martinsville population
- 5.5% of houses and apartments in Martinsville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.