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 2253 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.

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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.

Active

$120,000

2 Beds

1 Baths

1,200 Sq. Ft.

371 W Douglas Street, Martinsville, IN, 46151

Est. Payments: $0/mo

Residential

Built in 1970

2 days on Site

0.2 Lot Size

None

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Investor Special! Don't miss this opportunity to complete a renovation that's already well underway. This 2-bedroom, 1-bath home offers approximately 1,200 square feet and is an excellent opportunity for investors, rehabbers, or buyers looking to build instant equity. The property has been gutted and is ready for the finishing phase. M...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22111271

Listing provided courtesy of Karen Kummer 317-420-1181 with Realty of America LLC

Last Updated: 7/2/2026 | 10:19 PM

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About the Neighborhood

Martinsville showcases a calm and peaceful atmosphere with low traffic noise throughout the neighborhood. It features mostly single detached homes along with some duplexes, offering a variety of two and three-bedroom options. The area provides access to both public and private elementary and secondary schools within convenient distances. Dining options include several restaurants and cafes nearby, adding convenience for residents. While automobiles are commonly used for transportation, the terrain presents gentle slopes, and bicycle infrastructure exists, making it suitable for moderate cycling activities. This neighborhood embodies a serene pace of life, delivering a comfortable and inviting environment for residents.

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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.

Area:

5512 Morgan Washington

City:

Martinsville

Subdivision:

No Subdivision

Zip Code:

46151

Rooms

Type	Dimensions	Level
Primary Bedroom	12x12	Main
Bedroom 2	10x10	Main
Kitchen	12x12	Main
Living Room	16x16	Main