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Foreclosure Auction Homes in Martinsville, VA

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Martinsville, VA Foreclosures

How much do homes sell for in Martinsville, VA?
The average home price is currently $174,929.
In Martinsville, VA, how many homes are available?
There are currently 6 active home listings available in Martinsville.
What’s the average rental cost in Martinsville, VA?
The average rental price in Martinsville is $938.
What is the most expensive home in Martinsville?
The most expensive home sold in Martinsville had a price of $34,146,312.
What is currently the cheapest priced home in Martinsville, VA?
The cheapest home for sale in Martinsville is priced at $8,244.

Living in Martinsville, VA

Martinsville, VA is a charming small city that combines historical significance with modern living. Known for its outdoor recreational options and community-focused amenities, residents enjoy a peaceful lifestyle while remaining close to urban conveniences. With a strong emphasis on education and local businesses, it offers a welcoming environment for families and individuals alike.

Current Market Conditions in Martinsville, VA

The real estate market in Martinsville is currently showing signs of stability, with a steady interest from both first-time homebuyers and investors. The affordability of homes compared to nearby larger cities continues to attract newcomers seeking a quieter lifestyle without sacrificing accessibility to urban centers.

Recent renovations of historical properties and new developments are breathing fresh life into the housing market, leading to a mix of traditional homes and modern builds. With its rich culture and community events, Martinsville is an appealing option for those wanting to invest in a home.

Home Value Estimator For Martinsville, VA

There are currently 13,324 real estate properties in Martinsville, VA, with a median automated valuation model (AVM) price of $132,634.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Martinsville, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Martinsville, VA, is $174,929.00, with the most expensive house in Martinsville, VA, topping out at $34,146,312.00 and the cheapest home in Martinsville, VA, clocking in at $8,244.00. In other words, there’s something for every potential homebuyer or savvy investor in Martinsville, VA!

Rent Prices In Martinsville, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Martinsville, VA, is on a rollercoaster ride. The average rent price in Martinsville, VA, is $938.00. Indeed, when looking to rent in Martinsville, VA, you can expect to pay as little as $470.00 or as much as $2,520.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Martinsville, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Martinsville, VA Foreclosure Auction Homes


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