Property prices for sale in Martinsville (Virginia)

The prices in real estate in Martinsville, in the Virginia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$180,299.17
Average price last 6 months
$1,490.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Martinsville has remained the same in the last 6 months. In October, the average price per sq.feet was $1,466. In the following month the price per sq.feet decreased considerably to $884. The price for the following two months in (December, January) had a considerable increment of 131 %. The price per sq.feet has had a considerable increase of 129 % 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 $1,359 to $1,753.5 during February, and March.

Average price

Based upon to the price in Martinsville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $160,156. During November the price went through a considerable rise reaching $203,192. During the following two months (December, January) the price has had an average incrementation from $181,674 to $197,405.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $189,539.75 to $161,818 in 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 $150,752 they are 34 % more affordable than the average price for Martinsville. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $190,706.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $2,218 / sq.feet price in Martinsville. The properties with the lowest average prices have 4 bedrooms. They are 80 % cheaper than the average followed by properties with 3 bedrooms with a price at $406 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $150,752 it is 72 % cheaper than the average price in Martinsville. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $217,029 it is 136 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $130 / sq.feet followed by "House" priced at $1,112 / sq.feet. "Land" is the most costly type of property with a $10,970 / sq.feet cost followed by "House" with an average price of $1,112 / 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 Virginia
$150,752
$2,218
2,562
516,654
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value