Property prices for sale in Martinsville (Indiana)

The prices in real estate in Martinsville, in the Indiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$368,647.17
Average price last 6 months
$741.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Martinsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $630. In the following month the price per sq.feet decreased to $570. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable increase of 385 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $380.25 to $1,463.5 during February, and March.

Average price

Based upon to the price in Martinsville (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $327,961. During November the price went through a considerable rise reaching $383,726. During the following two months (December, January) the price has had an average incrementation from $355,843.5 to $387,723. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $371,783.25 and $362,375 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $366,652 they are 54 % more affordable than the average price for Martinsville. The properties with the highest average price have 1 bedroom, Their price is 77 % more costly than the average. After that we have properties with 4 bedrooms priced at $506,432.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $2,748 / sq.feet price in Martinsville. The properties with the lowest average prices have 1 bedroom. They are 81 % cheaper than the average followed by properties with 4 bedrooms with a price at $170 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $366,652 it is 83 % cheaper than the average price in Martinsville. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $297,979 it is 22 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $167 / sq.feet followed by "Condo" priced at $204 / sq.feet. "Land" is the most costly type of property with a $29,028 / sq.feet cost followed by "Condo" with an average price of $204 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Martinsville
Number of properties used in region Indiana
$366,652
$2,748
2,814
441,676
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bedroom, Martinsville In 46151 Id: 1us74650912
 20
4 Bedroom, Martinsville In 46151 Id: 1us74650912
$489,900
Martinsville, Indiana - For Sale - House - 3,162 sq.feet - 4 bedrooms - 3 bathrooms
Trv74650912 - a very secluded, nestled in 5 plus acres, this house is full of surprises. Immaculate inside and out, you'll love the huge kitchen with knotty...
3 Bedroom, Martinsville In 46151 Id: 1us73366664
 20
3 Bedroom, Martinsville In 46151 Id: 1us73366664
$290,000
Martinsville, Indiana - For Sale - House - 1,587 sq.feet - 3 bedrooms - 2 bathrooms
Trv73366664 - discover the perfect balance of comfort and convenience in this charming 3-bedroom, 2-full bath home on a spacious corner lot. The oversized...
3 Bedroom, Martinsville In 46151 Id: 1us74948509
 20
3 Bedroom, Martinsville In 46151 Id: 1us74948509
$450,000
Martinsville, Indiana - For Sale - House - 4,500 sq.feet - 3 bedrooms - 3 bathrooms
Trv74948509 - beautiful, one-owner 3 bed/2.5 bath custom-built home with many details including clinker brick on the exterior, 9ft + ceilings, 6 panel doors,...
2 Bedroom, Martinsville In 46151 Id: 1us75376151
 20
2 Bedroom, Martinsville In 46151 Id: 1us75376151
$157,500
Martinsville, Indiana - For Sale - House - 864 sq.feet - 2 bedrooms - 1 bathroom
Trv75376151 - charming 2-bedroom with new carpet and fresh paint, 1-bathroom home located on a serene street in town, within walking distance of the city park...
4 Bedroom, Martinsville In 46151 Id: 1us73641989
 20
4 Bedroom, Martinsville In 46151 Id: 1us73641989
$1,280,000
Martinsville, Indiana - For Sale - House - 6,391 sq.feet - 4 bedrooms - 4 bathrooms
Trv73641989 - 8.234 acres of wooded, rolling hills and water surround this luxurious home. Tranquil and private yet only minutes to interstate 69 for easy...