Martinsville, VA

Metro area in Virginia · Updated Jan 2026

12-Month Forecast ↑ +2.0%

Median Home Value

$128,733

↓ -4.0%

Year-over-year

Median Rent

$884/mo

Year-over-year

Rental Yield

8.2%

Excellent for investors

5-Year Appreciation

+38.6%

Active Listings

240

For-sale inventory

Price-to-Rent Ratio

12.1

Favors buying

Price Forecast

1 Month

↑ +0.4%

3 Months

↑ +0.9%

12 Months

↑ +2.0%

5-Year Price Trend

Calculate your mortgage for Martinsville, VA

See monthly payments for a $128,733 home →

Should you rent or buy in Martinsville, VA?

Price-to-rent ratio: 12.1x — Buying likely wins. Run a full breakeven analysis with Martinsville, VA numbers pre-filled →

Frequently Asked Questions