Home prices
The median home value in Martinsville is $87,700. In comparison to other places in this area this is roughly $26,660 (23%) lower.Compared to the nation as a whole it is about $129,800 (59%) lower, and compared to the city of Greensboro is approximately $68,600 (43%) lower.
Rents
The median monthly rent in Martinsville is $656. In comparison to the surrounding areas this is approximately $42 (5%) lower.It is roughly $406 (38%) lower in comparison to the rest of the country, and it is about $221 (25%) lower in comparison to the city of Greensboro.
Nearby places
Villa Heights
Villa Heights is Martinsville's neighbor to the northwest. The housing prices there are a little less expensive. The median home price in Villa Heights is $80,800, which is $6,900 (8%) lower than Martinsville. Rents there are substantially more expensive. Villa Heights's median monthly rent is $1,045, which comes out to $389 (37%) higher than Martinsville.
Chatmoss
Chatmoss is about 3 miles east from Martinsville. Its real estate prices are significantly more expensive. The value of the median home in Chatmoss is $195,400, which comes out to $107,700 (55%) higher than Martinsville. Its rents are significantly less expensive. Chatmoss's median monthly rent is $391, which comes out to $265 (67%) lower than Martinsville.
Collinsville
Collinsville is approximately 3 miles northwest from Martinsville. The housing prices there are a little more expensive. The median home in Collinsville costs $102,000, which works out to $14,300 (14%) higher than Martinsville. Rents there are fairly similar. In Collinsville the median rent is $637 a month, which is $19 (2%) lower than Martinsville.
Laurel Park
Laurel Park is about 3 miles east from Martinsville. Its housing prices are a bit more expensive. The price of the median home in Laurel Park is $110,800, which is $23,100 (20%) higher than Martinsville. The rent there is a bit more expensive. Laurel Park's median monthly rent is $722, which comes out to $66 (9%) higher than Martinsville.
Fieldale
Fieldale is about 4 miles west from Martinsville. Real estate prices there are a little less expensive. The median home in Fieldale costs $82,800, which works out to $4,900 (5%) lower than Martinsville. Rents there are somewhat more expensive. The median rent in Fieldale is $693 per month, which works out to $37 (5%) higher than Martinsville.
