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Foreclosure Homes in Martinsville, IN

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Martinsville, IN Foreclosures

How much do homes sell for in Martinsville, IN?
The average home price is currently $335,767.
In Martinsville, IN, how many homes are available?
There are currently 107 active home listings available in Martinsville.
What’s the average rental cost in Martinsville, IN?
The average rental price in Martinsville is $1,263.
What is the most expensive home in Martinsville?
The most expensive home sold in Martinsville had a price of $27,825,500.
What is currently the cheapest priced home in Martinsville, IN?
The cheapest home for sale in Martinsville is priced at $13,131.

Living in Martinsville, IN

Martinsville, Indiana, is a cozy city that balances small-town charm with modern conveniences. It features excellent schools, numerous parks, and a variety of shopping options. The community is friendly and the area is known for its safety, making it an ideal place for families and young professionals.

Current Market Conditions in Martinsville, IN

The real estate market in Martinsville has been steadily recovering, with increasing home values and buyer interest. The market is considered competitive, particularly for single-family homes, as families are looking to relocate to this appealing community.

There has been a noticeable uptick in new listings compared to previous years, indicating a healthy market dynamic. The demand is driven by the area's affordability compared to bigger cities, making it attractive to first-time homebuyers.

Home Value Estimator For Martinsville, IN

There are currently 11,681 real estate properties in Martinsville, IN, with a median automated valuation model (AVM) price of $287,021.00. 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, IN, 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, IN, is $335,767.00, with the most expensive house in Martinsville, IN, topping out at $27,825,500.00 and the cheapest home in Martinsville, IN, clocking in at $13,131.00. In other words, there’s something for every potential homebuyer or savvy investor in Martinsville, IN!

Rent Prices In Martinsville, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Martinsville, IN, is on a rollercoaster ride. The average rent price in Martinsville, IN, is $1,263.00. Indeed, when looking to rent in Martinsville, IN, you can expect to pay as little as $540.00 or as much as $3,860.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Martinsville, IN -- 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, IN Foreclosures

Market Trend for Martinsville, IN

Total Listings Available: 107

Market Values:

Home Prices from $13,131 to $27,825,500

Average Sales Price: $335,767

Rental Values:

Rental from $540 to $3,860

Average Rent Value: $1,263 / month

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