House Prices

House Prices & Home Values Martinsville, IN 2026


Average Data

average house price$236,467
average size per house2000 ft²
average price per ft²119 $ / ft²

04/21/2026 - The value range (VR) for house prices in Martinsville, IN is $122/ sqft to $122/ sqft. An average home with 2000 sqft costs approximately $244,000 to $244,000. Martinsville, IN includes 1 ZIP codes and it is located in Morgan county. The lowest prices are found in ZIP 46151, while the highest are in ZIP 46151. The average price per sqare feet is $119. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Martinsville

46151129 $ / ft²




Historical development of home values in Martinsville

Year Estimated value (USD) Change vs. 2025
2010 $109,820 -53.6%
2011 $105,573 -55.4%
2012 $105,289 -55.5%
2013 $109,224 -53.8%
2014 $114,655 -51.5%
2015 $120,540 -49.0%
2016 $126,830 -46.4%
2017 $133,676 -43.5%
2018 $141,066 -40.3%
2019 $147,607 -37.6%
2020 $155,238 -34.4%
2021 $176,566 -25.3%
2022 $205,836 -13.0%
2023 $217,064 -8.2%
2024 $229,621 -2.9%
2025 $236,467 0.0%

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



Example: 100% financing house in Martinsville

Loan amount: $236,467

Interest rate: 6.00%

Fixed monthly payment: $1,417.74

Breakdown in the 1st month:
Interest portion: $1,182.34  –  Principal portion: $235.40

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,109.03 $2,903.84 $233,563.16
2 $13,929.92 $3,082.95 $230,480.21
3 $13,739.78 $3,273.09 $227,207.12
4 $13,537.90 $3,474.97 $223,732.15
5 $13,323.57 $3,689.30 $220,042.85
6 $13,096.02 $3,916.85 $216,126.00
7 $12,854.44 $4,158.43 $211,967.57
8 $12,597.96 $4,414.91 $207,552.65
9 $12,325.65 $4,687.22 $202,865.44
10 $12,036.56 $4,976.31 $197,889.12
11 $11,729.63 $5,283.24 $192,605.88
12 $11,403.77 $5,609.10 $186,996.78
13 $11,057.81 $5,955.06 $181,041.72
14 $10,690.52 $6,322.35 $174,719.37
15 $10,300.57 $6,712.30 $168,007.07
16 $9,886.57 $7,126.30 $160,880.77
17 $9,447.03 $7,565.84 $153,314.93
18 $8,980.39 $8,032.48 $145,282.45
19 $8,484.96 $8,527.91 $136,754.55
20 $7,958.98 $9,053.89 $127,700.66
21 $7,400.56 $9,612.31 $118,088.35
22 $6,807.69 $10,205.18 $107,883.17
23 $6,178.26 $10,834.61 $97,048.56
24 $5,510.00 $11,502.87 $85,545.69
25 $4,800.53 $12,212.34 $73,333.35
26 $4,047.30 $12,965.57 $60,367.78
27 $3,247.61 $13,765.26 $46,602.53
28 $2,398.60 $14,614.27 $31,988.26
29 $1,497.23 $15,515.64 $16,472.61
30 $540.25 $16,472.61 $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, IN


1500 sqft3900 sqft
Ø selling price$215,986$459,460
Ø fast selling$196,351$413,514
Ø high price sale$235,621$505,405

In 2026, houses in Martinsville, IN will be offered at an average price of $119 per square foot. A 1,500 sqft home priced at $215,986 is 24.31% more expensive per square foot than a 3,900 sqft home priced at $459,460. Home prices in Martinsville, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $318,087. Sellers who can wait longer may achieve a higher price of up to $388,774.

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 $236,467 for an average home size of 2000 square feet. This corresponds to an average price of roughly $119 per square foot.

What is the average cost per square foot in Martinsville?

In 2026, homes in Martinsville sell for an average of around $119 per square foot, with a typical range between $122 and $122 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 2000 square feet, with an estimated 2026 value around $236,467.



Locations close to Martinsville, IN

Mays, IN44 $ / ft²
Milroy, IN105 $ / ft²
Monrovia, IN142 $ / ft²
Manilla, IN42 $ / ft²
Lizton, IN145 $ / ft²
Knightstown, IN104 $ / ft²
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