The housing market in Martinsville, OH has been experiencing strong appreciation rates over the past year. The median value of a home in Martinsville is $189,800 which is significantly lower than the national median value of $338,100. Though lower than the national average, homes in Martinsville have experienced a higher rate of appreciation over the past year at 13.22%, compared to the US average of 8.27%. This indicates that housing in Martinsville is becoming increasingly more desirable and may be a great time for those looking to purchase there.
The median home cost in Martinsville is $189,800. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Martinsville is up 15.4%.
Average Age of Homes
- The median age of Martinsville real estate is 72 years old
The Rental Market in Martinsville
- Renters make up 29.5% of the Martinsville population
- 0.0% 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.