Local Market0 views · 1 answer
How competitive is the Martinsville housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 38/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.35
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 73
- YoY days on market
- Price cuts
- 39.0%
- YoY of active listings
Martinsville is moderately competitive as of August 2026, with a Sold Score of 38/100 (Challenging Market Conditions).
**Pending ratio** is 0.35 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +16.8% — more choices for buyers than a year ago.
**Median days on market** is 73. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 39.0% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 38/100 (Challenging Market Conditions) · Pending ratio: 0.35 · Inventory YoY: +16.8% · Median days on market: 73 · Sellers cutting price: 39.0% · Median listing price: $220,000 (-6.5% YoY)
Martinsville snapshot
As of the latest 2026 data- Median listing
- $220K
- YoY -0.1%
- Active inventory
- 195
- YoY +0.2%
- Median DOM
- 73
- YoY +0.3%
- Pending ratio
- 0.35
- YoY -0.1%
- Price-reduced
- 21.3%
- YoY +0.0%