Martinsville city: Housing & Real Estate
$98,400 is the median home value in Martinsville city, with median rent $808 (about the same as Martinsville city median $808; 2.0× below Virginia median $1,579). That's about the same as the Martinsville city median ($98,400); 3.9× below the Virginia median ($383,700).
- 2.1× annual income — home value vs. household income (vs Virginia 4.1×).
- 10.1 years to break even renting at the median (vs Virginia 19y).
Home Values & Rent
Median home value $98,400 — 0.3× the Virginia median ($382,500). Median rent $808/month.
| Fair Market Rent · Studio rent | $675 (vs Virginia $1,492) |
|---|---|
| Fair Market Rent · One Br | $680 |
| Fair Market Rent · Two Br | $851 |
| Fair Market Rent · Three Br | $1,025 |
| Fair Market Rent · Four Br | $1,221 |
| Fair Market Rent · Year | FY2025 |
| Median Home Value | $98,400 (vs Virginia $382,500) |
| Median Rent | $808 (vs Virginia $1,714) |
| Renter Occupied Units | 2,546 |
Sources: HUD FMR FY2025 — matched by county FIPS · Census ACS 5-Year 2024 — county-level query · Refreshed 2026-04-29
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Owner Occupied Units | 3,165 |
|---|
Sources: Census ACS 5-Year 2024 — county-level query · Refreshed 2026-04-29
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
| Broadband Summary · Towns With Data | 1 |
|---|---|
| Broadband Summary · Towns With 90Pct Coverage | 1 |
| Electricity · Electricity rate (¢/kWh) | 14.41¢/kWh |
| Electricity · Customers | 3654481 |
| Electricity · Revenue Millions | $6,524 |
| Electricity · Year | 2024 |
| Mobile Summary · Towns With Data | 1 |
Sources: EIA Retail Sales 2024