Frequently Asked Questions

Are house prices dropping in Martinsville?

The house prices in Martinsville are indeed dropping at the moment. There has been a decrease in price of $21,824.69. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Martinsville at this time?

The housing market and house prices in Martinsville are going down. The average house price is $336,000.00 and the average price per square feet is $168.61 per square foot. At the moment, there are 548 homes listed - 87 active, 59 pending, and 402 sold in Martinsville.

What is the most popular place to buy a house in Martinsville?

The most popular place to buy a home in Martinsville is 5512 - Morgan - Washington. 5512 - Morgan - Washington has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Martinsville?

The average amount of property taxes you would have to pay for a home in Martinsville is $1,701.18. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Martinsville being sold?

Properties in Martinsville stay on the market for an average of 90 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Martinsville?

The last home listed in Martinsville was 2411 minutes ago.

Can you visit houses in Martinsville?

Currently, there are 0 open houses available for viewing in Martinsville.

What is the most expensive house in Martinsville?

The cost of the most expensive home in Martinsville is $1,350,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Martinsville?

The cost of the cheapest home in Martinsville is $1.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Martinsville?

The oldest home in Martinsville was built in 1870, and the newest in 2026.

Back

Back to Search

How big are the homes in Martinsville?

The average property size in Martinsville is 2670.85 sq.ft., the largest being 10264 sq.ft., and the smallest being 480 sq.ft.

Schools

High School:

Eminence Jr Sr High School

Elementary School:

Eminence Elementary School

Tax and Financial Info

Semi-Annual Property Tax:

$250

Tax Year:

2024

Quick View

Address:

0 Walters Road Martinsville IN 46151

Status:

Active

On Site:

239 Days On Site

Price:

$75, 000

Lot Size:

County:

Morgan

Township:

Adams

MLS #:

22071755

Property Type:

Residential Lots

Community Information

Area:

5501 Morgan Adams

City:

Martinsville

Subdivision:

No Subdivision

Zip Code:

46151

Active

$75,000

$5,000 on 05/05/2026

Beds

Baths

Sq. Ft.

0 Walters Road, Martinsville, IN, 46151

Est. Payments: $0/mo

Land

Built in null

239 days on Site

2 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

2 acre lot zoned for residential & just waiting for you to build your dream home. City Water is available at road making for easy hookup. Lot is level, no big slopes, making for a full 2 acres of usable ground. Enough space for a home & detached pole barn or anything you can dream up....

Source: MIBOR as distributed by MLS GRID, MLS ID: 22071755

Listing provided courtesy of Erica Duncan 317-839-0099 with Carpenter, REALTORS®

Last Updated: 5/5/2026 | 9:16 PM

Mortgage Calculator

Loan Price: 0/mo

Price & Interest: 0/mo

Property Tax: 0/mo

Mortgage Insurance: 0/mo

Home Insurance: 0/mo

Down Payment

Home Owner Insurance

/yr

Property taxes

/mo

HOA Fees

/mo

Loan Term (Years)

Interest Rate

Mortgage Insurance

About the Neighborhood

Zip Code 46151, Indiana offers a peaceful and relaxed neighborhood atmosphere with mostly quiet streets and low noise levels. The area features predominantly single detached homes, primarily built around 1979, with many containing two or three bedrooms. Educational options are conveniently close, including both public and private elementary and high schools situated within easy reach of many residences. Daily essentials such as pharmacies are nearby, providing accessible staple goods. The neighborhood's relatively flat terrain adds to its comfortable environment. Although driving is the common way to navigate, parking availability is generally convenient, supporting easy access throughout the community.

Learn more about

Martinsville Market Report

Avg. Days on Market

114

Avg. Price Per Sq. Ft.

172.51

Median List Price

$399,900

Homes Listed

138

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Schedule a Video Tour

Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.