Market Intelligence Report — VA-300
Martinsville, VA
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-VA-05
Updated: May 2026
Updated: May 2026
Median Listing
$200K
+0.0% YOY
Pending Ratio
0.47
-25.0% YOY
Active Inventory
182
+44.4% YOY
Median DOM
66 Days
+46.7% YOY
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Market Signals & Indicators
Supply Dynamics
182 active listings represent the current floor, with new supply arriving at roughly 60 per month.
Pricing Pressure
14.2%
of active listings carry a price reduction, +1.6% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved -5.2% year-over-year.
Absorption
0.47
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Martinsville, VA
CBSA Code
32300
State
VA