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VA area data

Martinsville, VA

Martinsville, VA.

Population: 31,028 (Census ACS)

Home values & appreciation

Median home value
$132,753
1-year appreciation
-3.6%
3-year appreciation
+1.0%
5-year appreciation
+27.9%
10-year appreciation
+58.8%
All-time peak (2025-02)
$139,536
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$159,950
Median list price
$189,995
Median days on market
73 days
Sale-to-list ratio
94.9%
Active listings
142
1-year forecast
+0.4%
Days to pending
70 days
New listings (monthly)
33

Rents

Typical rent
$890/mo
1BR fair-market rent
$1,143/mo
3BR fair-market rent
$1,735/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
12
Elementary schools
6
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, iceStorm, inlandFlooding, strongWind
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
69.0°F
Average low
43.0°F
Annual precipitation
49.3 in
Annual snowfall
12.5 in

Walkability & transit

Walkability index
11.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Booker T Washington National Monument (30 mi)
Nearest airport
Loury Lester Airpark (4 mi)
Nearest major airport
Danville Regional Airport (DAN) (31 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+106 tax filers

Housing stock

Median year housing built
1,968
Median annual property tax
$695
Mean commute to work
21 min
Households with broadband internet
65.4%

Employment & development

Total county employment
13,451
Average weekly wage
$823
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
33

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents