Martinsville, VA housing market: August 2026
What's happening in the Martinsville market right now.
Buyer's or seller's market?
Martinsville, VA leans toward a buyer's market: homes in Henry County take a median of 73 days to sell, and the number for sale is +15.7% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−6.5% to +0.5% for the typical Martinsville home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Henry County as a whole.
Martinsville market — questions answered
What is the typical home value in Martinsville, VA?
$131,885 as of August 2026, −4.3% on a year earlier (Zillow Home Value Index).
Are home prices going up in Martinsville, VA?
No — the typical home value changed −4.3% over the year to August 2026 and +24.9% over five years.
Is Martinsville, VA a buyer's or seller's market?
It leans toward buyers: the median home in Henry County sells in 73 days (Realtor.com, August 2026).
How much is rent in Martinsville, VA?
The typical rent is $876 a month as of August 2026 (Zillow Observed Rent Index).
How many homes are for sale in Martinsville, VA?
192 homes were listed for sale across Henry County in August 2026 (Realtor.com).
Who are the best real estate agents in Martinsville, VA?
Homegrity lists 55 licensed Martinsville agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/martinsville.