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Rent To Own 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 $333,632.
In Martinsville, IN, how many homes are available?
There are currently 24 active home listings available in Martinsville.
What’s the average rental cost in Martinsville, IN?
The average rental price in Martinsville is $1,268.
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 $13,194.

Living in Martinsville, IN

Martinsville, IN is a quaint small town located south of Indianapolis, featuring a close-knit community, beautiful parks, and a variety of local businesses. With its rich history and recreational opportunities, Martinsville provides a perfect blend of urban convenience and rural charm. It's an ideal place for families and individuals looking for a peaceful lifestyle close to a metropolitan area.

Current Market Conditions in Martinsville, IN

Martinsville's real estate market has shown resilience over the past year, with a steady increase in home prices and a healthy level of buyer interest. The town's affordability compared to the nearby Indianapolis market continues to attract first-time homebuyers and families looking for more space.

The demand for homes in Martinsville remains strong, particularly in family-oriented neighborhoods with access to good schools and amenities. Homes listed are receiving competitive offers, and properties are selling relatively quickly, highlighting the attractiveness of this small-town living.

Home Value Estimator For Martinsville, IN

There are currently 11,312 real estate properties in Martinsville, IN, with a median automated valuation model (AVM) price of $284,474.00. 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 $333,632.00, 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 $13,194.00. 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 $1,268.00. 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 $1,210.00. 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 Rent To Own Homes

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