Martinsville Mortgage Rates
30 Year Fixed Rate mortgages in Martinsville averaged
5.89%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
6% and
one month ago for the week of 2022-05-26, the
average rate was 5.39%.
Martinsville's average rate one year ago was 3.22%.
For refis of the same type during the week of 2022-06-30, the average rate
was 6.12%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Martinsville 30 Year Fixed Rate | 2022-06-30 | 5.89% |
| Martinsville 30 Year Fixed Rate Refi | 2022-06-30 | 6.12% |
| Martinsville 15 Year Fixed Rate | 2022-06-30 | 5.1% |
| Martinsville 15 Year Fixed Rate Refi | 2022-06-30 | 5.22% |
| Martinsville 30 Year FHA | 2022-06-30 | 5.88% |
| Martinsville 30 Year FHA Refi | 2022-06-30 | 5.52% |
| Martinsville 30 Year USDA | 2022-06-30 | 5.53% |
| Martinsville 30 Year USDA Refi | 2022-06-30 | 5.47% |
| Martinsville 30 Year VA | 2022-06-30 | 5.54% |
| Martinsville 30 Year VA Refi | 2022-06-30 | 5.34% |
Martinsville Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Martinsville, VA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Martinsville, VA's 85 lenders originated 1,433
loans during 2021. The total origination value was $192,915,000, with an average loan value of
$134,623.
The top Martinsville lender as defined by loan originations is QUICKEN LOANS, LLC, with
51 loans originated. Their average total fees are
$4,477, which is $467
higher than the next largest lender,
ValleyStar Credit Union.
The lowest fee Martinsville lenders (with over 10 loans originated) are
MOVEMENT MORTGAGE, LLC ($2,867), Alcova Mortgage LLC ($2,872), Wells Fargo Bank ($3,016), American National Bank and Trust Company ($3,047) and The Fidelity Bank ($3,388).
The lowest rate Martinsville lenders (with over 10 loans originated) are
American National Bank and Trust Company (2.83%), Truist Bank (3.10%), MOVEMENT MORTGAGE, LLC (3.12%), QUICKEN LOANS, LLC (3.20%) and ValleyStar Credit Union (3.23%).
Martinsville, VA Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $13,910,000 | $24,655,000 | 77.2% | 12.8% |
| Alcova Mortgage LLC | $12,440,000 | $19,985,000 | 60.7% | 10.4% |
| Blue Ridge Bank | $10,080,000 | $15,170,000 | 50.5% | 7.9% |
| American National Bank and Trust Company | $6,805,000 | $14,105,000 | 107.3% | 7.3% |
| ValleyStar Credit Union | $8,980,000 | $11,930,000 | 32.9% | 6.2% |
| The Fidelity Bank | $3,755,000 | $9,465,000 | 152.1% | 4.9% |
| Truist Bank | $7,745,000 | $7,190,000 | -7.2% | 3.7% |
| Wells Fargo Bank | $3,720,000 | $5,765,000 | 55.0% | 3.0% |
| FREEDOM MORTGAGE CORPORATION | $6,085,000 | $4,685,000 | -23.0% | 2.4% |
| PENNYMAC LOAN SERVICES, LLC | $1,795,000 | $4,335,000 | 141.5% | 2.2% |
| MOVEMENT MORTGAGE, LLC | $1,925,000 | $4,005,000 | 108.1% | 2.1% |
| Mortgage Research Center, LLC | $3,285,000 | $3,640,000 | 10.8% | 1.9% |
| NEWREZ LLC | $735,000 | $3,340,000 | 354.4% | 1.7% |
| First Guaranty Mortgage Corporation | $1,275,000 | $3,005,000 | 135.7% | 1.6% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,520,000 | $2,790,000 | 10.7% | 1.4% |
| Essex Bank | $2,645,000 | n/a | 1.4% | |
| LOANDEPOT.COM, LLC | $780,000 | $2,525,000 | 223.7% | 1.3% |
| Carter Bank & Trust | $1,405,000 | $2,370,000 | 68.7% | 1.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $585,000 | $1,940,000 | 231.6% | 1.0% |
| HOME POINT FINANCIAL CORPORATION | $495,000 | $1,905,000 | 284.8% | 1.0% |
| MEMBER ONE | $355,000 | $1,890,000 | 432.4% | 1.0% |
| NAVY FEDERAL CREDIT UNION | $1,290,000 | $1,560,000 | 20.9% | 0.8% |
| AMERICAN FINANCING CORPORATION | $1,425,000 | n/a | 0.7% | |
| CALIBER HOME LOANS, INC. | $560,000 | $1,275,000 | 127.7% | 0.7% |
| Prosperity Home Mortgage, LLC | $475,000 | $1,210,000 | 154.7% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,075,000 | $1,175,000 | 9.3% | 0.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $300,000 | $1,100,000 | 266.7% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,535,000 | $1,075,000 | -30.0% | 0.6% |
| Truliant Federal Credit Union | $920,000 | $1,040,000 | 13.0% | 0.5% |
| Bank of America | $655,000 | $1,025,000 | 56.5% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $2,145,000 | $985,000 | -54.1% | 0.5% |
| Carrington Mortgage Services, LLC | $745,000 | $970,000 | 30.2% | 0.5% |
| NEW DAY FINANCIAL, LLC | $600,000 | $965,000 | 60.8% | 0.5% |
| PENTAGON FEDERAL CREDIT UNION | $960,000 | n/a | 0.5% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $2,140,000 | $955,000 | -55.4% | 0.5% |
| EMBRACE HOME LOANS, INC. | $520,000 | $930,000 | 78.8% | 0.5% |
| BROKER SOLUTIONS, INC. | $375,000 | $900,000 | 140.0% | 0.5% |
| JPMorgan Chase Bank | $365,000 | $890,000 | 143.8% | 0.5% |
| Farm Credit of the Virginias, ACA | $885,000 | n/a | 0.5% | |
| ROYAL UNITED MORTGAGE LLC | $300,000 | $885,000 | 195.0% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $705,000 | $785,000 | 11.3% | 0.4% |
| STATE EMPLOYEES' | $285,000 | $730,000 | 156.1% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $705,000 | n/a | 0.4% | |
| First Horizon Bank | $225,000 | $680,000 | 202.2% | 0.4% |
| Citizens Bank | $405,000 | $665,000 | 64.2% | 0.3% |
| CNB Bank | $585,000 | n/a | 0.3% | |
| USAA Federal Savings Bank | $1,240,000 | $565,000 | -54.4% | 0.3% |
| ARC HOME LLC | $85,000 | $560,000 | 558.8% | 0.3% |
| GUARANTEED RATE, INC. | $445,000 | $555,000 | 24.7% | 0.3% |
| First Federal Bank | $500,000 | n/a | 0.3% | |
| RANLIFE, INC. | $470,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $455,000 | n/a | 0.2% | |
| Chicago Mortgage Solutions LLC | $445,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL NETWORK, INC. | $105,000 | $425,000 | 304.8% | 0.2% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $420,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,350,000 | $420,000 | -68.9% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $415,000 | n/a | 0.2% | |
| AgFirst Farm Credit Bank | $410,000 | n/a | 0.2% | |
| CROSSCOUNTRY MORTGAGE, LLC | $460,000 | $395,000 | -14.1% | 0.2% |
| Skyline National Bank | $25,000 | $390,000 | 1,460.0% | 0.2% |
| RESOURCE FINANCIAL SERVICES, INC. | $375,000 | n/a | 0.2% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $280,000 | $345,000 | 23.2% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $145,000 | $340,000 | 134.5% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $335,000 | n/a | 0.2% | |
| NATIONAL BANKSHARES, INC. | $335,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $325,000 | n/a | 0.2% | |
| U.S. Bank | $115,000 | $325,000 | 182.6% | 0.2% |
| Lakeview Community Capital, LLC | $320,000 | n/a | 0.2% | |
| LIBERTY HOME MORTGAGE CORPORATION | $300,000 | n/a | 0.2% | |
| GUILD MORTGAGE COMPANY | $290,000 | n/a | 0.2% | |
| OVM FINANCIAL, INC. | $280,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $315,000 | $275,000 | -12.7% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $270,000 | n/a | 0.1% | |
| First Midwest Bank | $265,000 | n/a | 0.1% | |
| First Savings Bank | $265,000 | n/a | 0.1% | |
| Summit Community Bank, Inc. | $265,000 | n/a | 0.1% | |
| South State Bank | $260,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $240,000 | n/a | 0.1% | |
| ALLEGACY FEDERAL CREDIT UNION | $105,000 | $235,000 | 123.8% | 0.1% |
| Atlantic Union Bank | $195,000 | $235,000 | 20.5% | 0.1% |
| EASTMAN | $55,000 | $235,000 | 327.3% | 0.1% |
| FREEDOM FIRST | $380,000 | $230,000 | -39.5% | 0.1% |
| BETTER MORTGAGE CORPORATION | $220,000 | n/a | 0.1% | |
| First National Bank of Pennsylvania | $220,000 | n/a | 0.1% | |
| First Reliance Bank | $775,000 | $215,000 | -72.3% | 0.1% |
| Integrity Home Mortgage Corp | $210,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $210,000 | n/a | 0.1% | |
| Virginia Credit Union, Inc. | $155,000 | $210,000 | 35.5% | 0.1% |
| HomeTrust Bank | $100,000 | $205,000 | 105.0% | 0.1% |
| Premier Bank, Inc. | $205,000 | n/a | 0.1% | |
| RAPID MORTGAGE COMPANY | $205,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $165,000 | $200,000 | 21.2% | 0.1% |
| Commerce Home Mortgage, Inc. | $195,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $1,700,000 | $190,000 | -88.8% | 0.1% |
| George Mason Mortgage, LLC | $190,000 | n/a | 0.1% | |
| Atlantic Coast Mortgage, LLC | $185,000 | n/a | 0.1% | |
| COASTAL Federal Credit Union | $185,000 | n/a | 0.1% | |
| DUPONT COMMUNITY | $155,000 | $180,000 | 16.1% | 0.1% |
| Pinnacle Bank | $180,000 | n/a | 0.1% | |
| Alpha Mortgage Corporation | $175,000 | n/a | 0.1% | |
| C & F Mortgage Corporation | $95,000 | $170,000 | 78.9% | 0.1% |
| Low VA Rates, LLC | $150,000 | $170,000 | 13.3% | 0.1% |
| Bank of England | $165,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $210,000 | $165,000 | -21.4% | 0.1% |
| TOWNE MORTGAGE COMPANY | $165,000 | n/a | 0.1% | |
| Northwest Federal Credit Union | $155,000 | n/a | 0.1% | |
| THRIVENT Federal Credit Union | $155,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $145,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $145,000 | n/a | 0.1% | |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $145,000 | n/a | 0.1% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $135,000 | $145,000 | 7.4% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $145,000 | n/a | 0.1% | |
| First Home Bank | $135,000 | n/a | 0.1% | |
| Magnolia Bank | $135,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $35,000 | $125,000 | 257.1% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $125,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $340,000 | $125,000 | -63.2% | 0.1% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.1% | |
| Arvest Bank | $115,000 | n/a | 0.1% | |
| Fifth Third Bank | $115,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $155,000 | $115,000 | -25.8% | 0.1% |
| PLANET HOME LENDING, LLC | $75,000 | $115,000 | 53.3% | 0.1% |
| PNC Bank | $115,000 | n/a | 0.1% | |
| Nations Lending Corporation | $220,000 | $105,000 | -52.3% | 0.1% |
| Baxter Credit Union | $95,000 | $95,000 | 0.0% | 0.0% |
| NATION ONE MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
| Renasant Bank | $320,000 | $95,000 | -70.3% | 0.0% |
| Towne First Mortgage, LLC | $95,000 | n/a | 0.0% | |
| BLUE EAGLE CREDIT UNION | $35,000 | $90,000 | 157.1% | 0.0% |
| TIDEWATER MORTGAGE SERVICES, INC. | $90,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $85,000 | n/a | 0.0% | |
| Discover Bank | $170,000 | $85,000 | -50.0% | 0.0% |
| Gateway First Bank | $85,000 | n/a | 0.0% | |
| HOMESITE MORTGAGE, LLC | $85,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $85,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $85,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $80,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $175,000 | $75,000 | -57.1% | 0.0% |
| ENVOY MORTGAGE, LTD | $360,000 | $65,000 | -81.9% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $65,000 | n/a | 0.0% | |
| Strong Home Mortgage, LLC | $65,000 | n/a | 0.0% | |
| FIRST BANCORP, INC. | $260,000 | $55,000 | -78.8% | 0.0% |
| Figure Lending LLC | $35,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $185,000 | $35,000 | -81.1% | 0.0% |
Martinsville's top lender by overall market share is QUICKEN LOANS, LLC, with 12.8% market share. In second place, with 10.4%, is Alcova Mortgage LLC, having originated $19,985,000 in loans. In third place, with 7.9%, is Blue Ridge Bank, having originated $15,170,000 in loans. In third place, with 7.3%, is American National Bank and Trust Company, having originated $14,105,000 in loans. In third place, with 6.2%, is ValleyStar Credit Union, having originated $11,930,000 in loans.
Martinsville, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 686 | $100,600,000 | $146,647 |
| Refi | 425 | $56,875,000 | $133,824 |
| Cash Out Refi | 213 | $28,295,000 | $132,840 |
| Home Improvement | 62 | $3,840,000 | $61,935 |
| Other | 46 | $3,240,000 | $70,435 |
| NA | 1 | $65,000 | $65,000 |
Martinsville's most frequently cited loan purpose was Home Purchase, with 686 originations. The 2nd most popular reason was Refi, with 425 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 587 | $73,665,000 | $125,494 |
| 2.5-3% | 499 | $73,425,000 | $147,144 |
| <2.5% | 204 | $30,140,000 | $147,745 |
| 4-5% | 102 | $10,040,000 | $98,431 |
| Over 8% | 16 | $910,000 | $56,875 |
| 5-6% | 13 | $915,000 | $70,385 |
| 6-7% | 4 | $190,000 | $47,500 |
| 7-8% | 1 | $55,000 | $55,000 |
During 2021, Martinsville's most frequently originated rate bucket was 3-4%, with 587 originations.
Loan Sizing (Martinsville, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 628 | $87,730,000 | $139,697 |
| $100,000 or less | 580 | $38,620,000 | $66,586 |
| $200k-400k | 200 | $51,870,000 | $259,350 |
| $400k-600k | 23 | $11,145,000 | $484,565 |
| $600k-1000k | 1 | $905,000 | $905,000 |
| $Over $1MM | 1 | $2,645,000 | $2,645,000 |
Martinsville's loan sizing saw the bucket of loans from $100k-200k with 628 originations, totaling $87,730,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 697 | $102,885,000 | $147,611 |
| 60-80% | 405 | $52,625,000 | $129,938 |
| 40-60% | 138 | $15,350,000 | $111,232 |
| 20-40% | 90 | $6,990,000 | $77,667 |
| Under 20% | 32 | $930,000 | $29,063 |
| Over 100% | 18 | $4,160,000 | $231,111 |
Martinsville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 697 originations, totaling $102,885,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Martinsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $114,950 (17.3%) | $158,601 (11.2%) | 0.00 | 462 |
| 2018-02-01 | $114,569 (19.7%) | $158,593 (11.0%) | 0.00 | 465 |
| 2018-03-01 | $124,900 (25.3%) | $165,993 (16.0%) | 0.00 | 456 |
| 2018-04-01 | $124,400 (24.5%) | $173,530 (20.0%) | 0.00 | 458 |
| 2018-05-01 | $119,450 (19.6%) | $174,936 (18.4%) | 0.00 | 485 |
| 2018-06-01 | $119,000 (8.3%) | $173,160 (16.2%) | 0.00 | 510 |
| 2018-07-01 | $119,000 (8.2%) | $174,827 (17.4%) | 0.00 | 517 |
| 2018-08-01 | $119,900 (9.1%) | $176,761 (21.0%) | 0.00 | 500 |
| 2018-09-01 | $119,900 (4.4%) | $172,696 (16.0%) | 0.00 | 486 |
| 2018-10-01 | $115,500 (0.8%) | $176,447 (16.5%) | 0.00 | 458 |
| 2018-11-01 | $113,069 (-1.7%) | $166,014 (7.4%) | 0.00 | 445 |
| 2018-12-01 | $110,000 (-4.3%) | $167,578 (8.9%) | 0.00 | 427 |
| 2019-01-01 | $109,900 (-4.4%) | $169,086 (6.6%) | 0.00 | 363 |
| 2019-02-01 | $109,900 (-4.1%) | $164,427 (3.7%) | 0.00 | 374 |
| 2019-03-01 | $109,900 (-12.0%) | $163,142 (-1.7%) | 0.00 | 391 |
| 2019-04-01 | $109,950 (-11.6%) | $161,410 (-7.0%) | 0.00 | 389 |
| 2019-05-01 | $113,500 (-5.0%) | $159,084 (-9.1%) | 0.00 | 389 |
| 2019-06-01 | $118,500 (-0.4%) | $159,411 (-7.9%) | 0.00 | 383 |
| 2019-07-01 | $117,000 (-1.7%) | $177,059 (1.3%) | 0.00 | 371 |
| 2019-08-01 | $107,857 (-10.0%) | $175,192 (-0.9%) | 0.00 | 349 |
| 2019-09-01 | $105,000 (-12.4%) | $173,350 (0.4%) | 0.00 | 322 |
| 2019-10-01 | $107,450 (-7.0%) | $169,703 (-3.8%) | 0.00 | 315 |
| 2019-11-01 | $119,900 (6.0%) | $172,273 (3.8%) | 0.00 | 305 |
| 2019-12-01 | $112,400 (2.2%) | $168,097 (0.3%) | 0.00 | 283 |
| 2020-01-01 | $112,954 (2.8%) | $168,557 (-0.3%) | 0.00 | 269 |
| 2020-02-01 | $110,000 (0.1%) | $165,249 (0.5%) | 0.00 | 269 |
| 2020-03-01 | $109,900 (0.0%) | $167,332 (2.6%) | 0.00 | 266 |
| 2020-04-01 | $115,000 (4.6%) | $172,698 (7.0%) | 0.00 | 270 |
| 2020-05-01 | $110,000 (-3.1%) | $176,985 (11.3%) | 0.00 | 248 |
| 2020-06-01 | $117,000 (-1.3%) | $198,292 (24.4%) | 0.00 | 219 |
| 2020-07-01 | $121,950 (4.2%) | $207,229 (17.0%) | 0.00 | 171 |
| 2020-08-01 | $129,999 (20.5%) | $231,919 (32.4%) | 0.00 | 157 |
| 2020-09-01 | $134,900 (28.5%) | $233,971 (35.0%) | 0.00 | 150 |
| 2020-10-01 | $125,000 (16.3%) | $234,611 (38.3%) | 0.00 | 143 |
| 2020-11-01 | $119,900 (0.0%) | $223,124 (29.5%) | 0.00 | 144 |
| 2020-12-01 | $121,900 (8.5%) | $222,243 (32.2%) | 0.00 | 135 |
| 2021-01-01 | $123,900 (9.7%) | $225,685 (33.9%) | 0.00 | 118 |
| 2021-02-01 | $112,450 (2.2%) | $248,592 (50.4%) | 0.00 | 88 |
| 2021-03-01 | $119,950 (9.1%) | $234,385 (40.1%) | 0.00 | 74 |
| 2021-04-01 | $129,950 (13.0%) | $213,149 (23.4%) | 0.00 | 100 |
| 2021-05-01 | $130,000 (18.2%) | $222,462 (25.7%) | 0.00 | 117 |
| 2021-06-01 | $148,900 (27.3%) | $233,489 (17.8%) | 0.00 | 123 |
| 2021-07-01 | $161,950 (32.8%) | $241,565 (16.6%) | 0.00 | 122 |
| 2021-08-01 | $139,000 (6.9%) | $261,693 (12.8%) | 0.00 | 151 |
| 2021-09-01 | $137,950 (2.3%) | $281,477 (20.3%) | 0.00 | 151 |
| 2021-10-01 | $145,500 (16.4%) | $298,985 (27.4%) | 0.00 | 124 |
| 2021-11-01 | $149,900 (25.0%) | $306,018 (37.2%) | 0.00 | 120 |
| 2021-12-01 | $179,450 (47.2%) | $318,984 (43.5%) | 0.00 | 110 |
| 2022-01-01 | $209,000 (68.7%) | $345,275 (53.0%) | 0.00 | 79 |
| 2022-02-01 | $209,000 (85.9%) | $358,989 (44.4%) | 0.00 | 68 |
| 2022-03-01 | $194,950 (62.5%) | $344,773 (47.1%) | 0.00 | 72 |
| 2022-04-01 | $225,000 (73.1%) | $366,891 (72.1%) | 0.00 | 70 |
| 2022-05-01 | $214,975 (65.4%) | $315,523 (41.8%) | 0.00 | 107 |
| 2022-06-01 | $204,950 (37.6%) | $303,215 (29.9%) | 0.00 | 109 |
Martinsville's median listing price comes in at 0% of the national average.
Martinsville's average listing price for 2022-06-01 was $303,215, a difference of $69,726 (29.9%) versus the prior year and $-12,308 versus the prior month.
For the 2022-06-01 period, Martinsville had 109 MLS listings, a difference of 2 listings (2%) versus the prior month and -14 listings (-11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Martinsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,713 sqft |
| 2018-02-01 | 0 days | 1,655 sqft |
| 2018-03-01 | 0 days | 1,713 sqft |
| 2018-04-01 | 0 days | 1,688 sqft |
| 2018-05-01 | 0 days | 1,674 sqft |
| 2018-06-01 | 0 days | 1,700 sqft |
| 2018-07-01 | 0 days | 1,765 sqft |
| 2018-08-01 | 0 days | 1,855 sqft |
| 2018-09-01 | 0 days | 1,783 sqft |
| 2018-10-01 | 0 days | 1,783 sqft |
| 2018-11-01 | 0 days | 1,666 sqft |
| 2018-12-01 | 0 days | 1,680 sqft |
| 2019-01-01 | 0 days | 1,653 sqft |
| 2019-02-01 | 0 days | 1,655 sqft |
| 2019-03-01 | 0 days | 1,633 sqft |
| 2019-04-01 | 0 days | 1,604 sqft |
| 2019-05-01 | 0 days | 1,607 sqft |
| 2019-06-01 | 0 days | 1,622 sqft |
| 2019-07-01 | 0 days | 1,622 sqft |
| 2019-08-01 | 0 days | 1,614 sqft |
| 2019-09-01 | 0 days | 1,618 sqft |
| 2019-10-01 | 0 days | 1,630 sqft |
| 2019-11-01 | 0 days | 1,732 sqft |
| 2019-12-01 | 0 days | 1,706 sqft |
| 2020-01-01 | 0 days | 1,692 sqft |
| 2020-02-01 | 0 days | 1,726 sqft |
| 2020-03-01 | 0 days | 1,701 sqft |
| 2020-04-01 | 0 days | 1,735 sqft |
| 2020-05-01 | 0 days | 1,700 sqft |
| 2020-06-01 | 0 days | 1,727 sqft |
| 2020-07-01 | 0 days | 1,781 sqft |
| 2020-08-01 | 0 days | 1,749 sqft |
| 2020-09-01 | 0 days | 1,709 sqft |
| 2020-10-01 | 0 days | 1,571 sqft |
| 2020-11-01 | 0 days | 1,443 sqft |
| 2020-12-01 | 0 days | 1,400 sqft |
| 2021-01-01 | 0 days | 1,400 sqft |
| 2021-02-01 | 0 days | 1,375 sqft |
| 2021-03-01 | 0 days | 1,486 sqft |
| 2021-04-01 | 0 days | 1,416 sqft |
| 2021-05-01 | 0 days | 1,516 sqft |
| 2021-06-01 | 0 days | 1,556 sqft |
| 2021-07-01 | 0 days | 1,584 sqft |
| 2021-08-01 | 0 days | 1,520 sqft |
| 2021-09-01 | 0 days | 1,440 sqft |
| 2021-10-01 | 0 days | 1,440 sqft |
| 2021-11-01 | 0 days | 1,652 sqft |
| 2021-12-01 | 0 days | 1,643 sqft |
| 2022-01-01 | 0 days | 1,836 sqft |
| 2022-02-01 | 0 days | 1,682 sqft |
| 2022-03-01 | 0 days | 1,612 sqft |
| 2022-04-01 | 0 days | 1,711 sqft |
| 2022-05-01 | 0 days | 1,693 sqft |
| 2022-06-01 | 0 days | 1,622 sqft |
Martinsville's median square footage for active listings during the 2022-06-01 period was 1,622 sqft. One year prior, the average listing was 1,556 sqft.
