53Alpha

Martinsville, VA Housing Market Brief

county · VA · score computed October 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%
●11
Inventory Health25%
●67

Population band 2 of 5 (population 9,816–20,389) · comparable within its band

Affordability20%
●86
Economic Strength20%
●12
Rental Yield15%
●96

Where is Martinsville, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Martinsville, VA is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Martinsville, VA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Martinsville, VA housing market data

MetricValueYoYSource
Median Sale Price$134K▲ +1.9%Redfin
Median Days on Market78 days▼ -25%Redfin
Months of Supply5.2▲ +18.2%Redfin
Homes for Sale85▲ +19.7%Redfin
Homes Sold160%Redfin
Median Price / Sq Ft$100▲ +4.7%Redfin

How has Martinsville, VA’s Alpha Score moved?

Now: 53
2-period trend
Median sale price · 12 mo

Markets like Martinsville, VA

Frequently asked questions

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

In the scores computed October 2026, Martinsville, VA is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Martinsville, VA?

The median sale price in Martinsville, VA is $134K, having risen 1.9% over the past year, according to Redfin.

How affordable is Martinsville, VA?

Martinsville, VA scores 86 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 Price Momentum (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.