Martinsville, IN Real Estate Market Summary – September 7, 2026

In Martinsville, IN, a total of 44 homes were sold over the past month, averaging about 1.5 homes sold each day. The average living area for these homes was approximately 2,571 square feet, with a median living area of 2,323 square feet.

Metric 30 Days
Number Sold 44
Sold Per Day 1.47
Average SQFT 2571
Median Sales Price $322,500
Average Sales Price $397,105
Average Price Per SQFT $163
Average Days on Market 15
Average Year Built 1976

 

Martinsville, IN Single Family Home Analysis

Among the single-family homes, 43 were sold, with an average living area of 2,607 square feet. These homes had an average sale price of $401,573 and spent about 16 days on the market before finding a new owner.

Metric 30 Days
Number Sold 43
Sold Per Day 1.43
Average SQFT 2607
Median Sales Price $335,000
Average Sales Price $401,573
Average Price Per SQFT $162
Average Days on Market 16
Average Year Built 1975

 

Martinsville, IN Condo & Townhome Analysis

Only one condo or townhome was sold, which had a living area of 1,031 square feet and an average sale price of $205,000. This property was on the market for just 3 days.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 1031
Median Sales Price $205,000
Average Sales Price $205,000
Average Price Per SQFT $199
Average Days on Market 3
Average Year Built 2018

 

Buyer & Seller Analysis

  • Homes are selling at a pace of approximately 1.47 per day.
  • The average time on the market is around 15 days.
  • The average sale price across all homes is approximately $397,105.
  • Most condos and townhomes sell infrequently, with only 1 sold recently.

Conclusion

The data indicates a stable level of activity in the Martinsville real estate market, with a consistent selling pace and reasonable time frames for homes on the market. Buyers and sellers alike can find valuable insights in these trends.

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