Local Market0 views · 1 answer

How competitive is the Martinsville housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
41/100
YoY Fair Chance of Selling
Pending ratio
0.47
YoY contracts vs active
Inventory YoY
+0.4%
YoY active listings
Median DOM
66
YoY days on market
Price cuts
24.2%
YoY of active listings
Martinsville is moderately competitive as of May 2026, with a Sold Score of 41/100 (Fair Chance of Selling). **Pending ratio** is 0.47 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +44.4% — more choices for buyers than a year ago. **Median days on market** is 66. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 24.2% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 41/100 (Fair Chance of Selling) · Pending ratio: 0.47 · Inventory YoY: +44.4% · Median days on market: 66 · Sellers cutting price: 24.2% · Median listing price: $202,450 (-7.4% YoY)

Martinsville snapshot

As of the latest 2026 data
Median listing
$202K
YoY -0.1%
Active inventory
197
YoY +0.4%
Median DOM
65
YoY +0.3%
Pending ratio
0.42
YoY -0.1%
Price-reduced
24.2%
YoY +0.1%

Related questions