Question 1

Are house prices dropping in Martinsville?

Accepted Answer

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.

Question 2

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

Accepted Answer

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.

Question 3

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

Accepted Answer

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.

Question 4

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

Accepted Answer

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.

Question 5

How fast are houses listed in Martinsville being sold?

Accepted Answer

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.

Question 6

How often are houses listed for sale in Martinsville?

Accepted Answer

The last home listed in Martinsville was 1411 minutes ago.

Question 7

Can you visit houses in Martinsville?

Accepted Answer

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

Question 8

What is the most expensive house in Martinsville?

Accepted Answer

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.

Question 9

What is the cheapest house in Martinsville?

Accepted Answer

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

Question 10

How old are the homes in Martinsville?

Accepted Answer

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

Question 11

How big are the homes in Martinsville?

Accepted Answer

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

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