House Prices

House Prices & Home Values Martinsville, IL 2026


Average Data

average house price$103,620
average size per house1398 ft²
average price per ft²75 $ / ft²

04/23/2026 - The value range (VR) for house prices in Martinsville, IL is $75/ sqft to $75/ sqft. An average home with 1398 sqft costs approximately $104,850 to $104,850. Martinsville, IL includes 1 ZIP codes and it is located in Clark county. The lowest prices are found in ZIP 62442, while the highest are in ZIP 62442. The average price per sqare feet is $75. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Martinsville

6244278 $ / ft²




Historical development of home values in Martinsville

Year Estimated value (USD) Change vs. 2025
2010 $48,123 -53.6%
2011 $46,262 -55.4%
2012 $46,138 -55.5%
2013 $47,862 -53.8%
2014 $50,242 -51.5%
2015 $52,821 -49.0%
2016 $55,577 -46.4%
2017 $58,577 -43.5%
2018 $61,815 -40.3%
2019 $64,682 -37.6%
2020 $68,025 -34.4%
2021 $77,371 -25.3%
2022 $90,198 -13.0%
2023 $95,118 -8.2%
2024 $100,620 -2.9%
2025 $103,620 0.0%

Graph: estimated home values in Martinsville over time (USD)



Example: 100% financing house in Martinsville

Loan amount: $103,620

Interest rate: 6.00%

Fixed monthly payment: $621.25

Breakdown in the 1st month:
Interest portion: $518.10  –  Principal portion: $103.15

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,182.59 $1,272.47 $102,347.53
2 $6,104.10 $1,350.95 $100,996.59
3 $6,020.78 $1,434.27 $99,562.31
4 $5,932.32 $1,522.73 $98,039.58
5 $5,838.40 $1,616.65 $96,422.92
6 $5,738.69 $1,716.37 $94,706.56
7 $5,632.82 $1,822.23 $92,884.33
8 $5,520.43 $1,934.62 $90,949.71
9 $5,401.11 $2,053.94 $88,895.77
10 $5,274.43 $2,180.62 $86,715.15
11 $5,139.93 $2,315.12 $84,400.03
12 $4,997.14 $2,457.91 $81,942.12
13 $4,845.54 $2,609.51 $79,332.61
14 $4,684.59 $2,770.46 $76,562.15
15 $4,513.72 $2,941.33 $73,620.81
16 $4,332.30 $3,122.75 $70,498.06
17 $4,139.70 $3,315.35 $67,182.71
18 $3,935.21 $3,519.84 $63,662.87
19 $3,718.12 $3,736.93 $59,925.94
20 $3,487.63 $3,967.42 $55,958.52
21 $3,242.93 $4,212.12 $51,746.39
22 $2,983.13 $4,471.92 $47,274.48
23 $2,707.32 $4,747.73 $42,526.74
24 $2,414.49 $5,040.56 $37,486.18
25 $2,103.60 $5,351.46 $32,134.72
26 $1,773.53 $5,681.52 $26,453.20
27 $1,423.11 $6,031.94 $20,421.26
28 $1,051.07 $6,403.98 $14,017.28
29 $656.09 $6,798.97 $7,218.31
30 $236.74 $7,218.31 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Martinsville, IL


1500 sqft3900 sqft
Ø selling price$136,126$289,575
Ø fast selling$123,751$260,618
Ø high price sale$148,500$318,533

In 2026, houses in Martinsville, IL will be offered at an average price of $75 per square foot. A 1,500 sqft home priced at $136,126 is 23.69% more expensive per square foot than a 3,900 sqft home priced at $289,575. Home prices in Martinsville, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $200,476. Sellers who can wait longer may achieve a higher price of up to $245,026.


Discover Martinsville, IL

Martinsville, Illinois is a friendly small city in Clark County known for its rural charm and convenient access to regional amenities.

Set along the Historic National Road (U.S. 40) and just off Interstate 70, the town offers easy travel connections for residents, visitors, and businesses.

Location and Accessibility

Its central location between larger hubs like Terre Haute and Effingham makes Martinsville, IL a practical base for commuting and weekend trips.

Travelers appreciate clean services, local shops, and welcoming stops that showcase the community?s Midwestern hospitality.

Community and Lifestyle

The community features neighborhood parks, seasonal events, and school programs that bring families together throughout the year.

With affordable housing and a relaxed pace, Martinsville delivers the small-town lifestyle many people seek in eastern Illinois.

Things to Do and See

Visitors explore downtown storefronts, enjoy comfort food at local eateries, and discover regional history connected to the National Road heritage corridor.

Outdoor enthusiasts find nearby lakes, trails, and open countryside ideal for fishing, walking, birding, and scenic drives.

Business and Real Estate

Entrepreneurs benefit from interstate visibility, a supportive business climate, and access to agricultural suppliers and services.

Whether you are planning a road trip or a relocation, Martinsville, Illinois blends accessibility, affordability, and community pride in one welcoming destination.



FAQ – Home Values in Martinsville

What is the median home value in Martinsville in 2026?

In 2026, the typical home value in Martinsville is about $103,620 for an average home size of 1398 square feet. This corresponds to an average price of roughly $75 per square foot.

What is the average cost per square foot in Martinsville?

In 2026, homes in Martinsville sell for an average of around $75 per square foot, with a typical range between $75 and $75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Martinsville is about 1398 square feet, with an estimated 2026 value around $103,620.



Locations close to Martinsville, IL

Mason, IL113 $ / ft²
Mode, IL140 $ / ft²
Montrose, IL132 $ / ft²
Marshall, IL70 $ / ft²
Lerna, IL95 $ / ft²
Lawrenceville, IL61 $ / ft²
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