49Alpha

Martinsville, VA Housing Market Brief

county · VA · as of August 2026

Balanced

What is Martinsville, VA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-4.129
Inventory Health25%
-5.839
Affordability20%
+15.487
Economic Strength20%
11
Rental Yield15%
+7.396

Where is Martinsville, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Martinsville, VA is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Martinsville, VA housing market data

MetricValueYoY
Median Sale Price$130K-7.4%
Median Days on Market111 days▲ +70.8%
Months of Supply5.8-3.3%
Homes for Sale70▲ +20.7%
Homes Sold13▲ +30%
Median Price / Sq Ft$76▲ +1.8%

How has Martinsville, VA’s Alpha Score moved?

Now: 49
12-period trend
Median sale price · 12 mo

Markets like Martinsville, VA

Frequently asked questions

Is Martinsville, VA a buyer's or seller's market?

As of August 2026, Martinsville, VA is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Martinsville, VA?

The median sale price in Martinsville, VA is $130K, having fallen 7.4% over the past year.

How affordable is Martinsville, VA?

Martinsville, VA scores 87 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Martinsville, VA's Alpha Score?

Martinsville, VA's strongest dimension is Rental Yield (96/100) and its weakest is Economic Strength (11/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Martinsville, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.