24112 Real Estate Market

24112 Market

The median sale price for homes in 24112 over the last 12 months is $64,500.


The median mortgage debt is $53,147.

Additional Statistics for Single Family Homes and Condos in Martinsville, VA
$90,000
Median Listing Price
64
Median Days on Market
20
Active Listings
5.0%
Distressed Listings
(foreclosures and short sales)
24112 (Martinsville, VA) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Martinsville was $90,000. The list prices dropped by -5.21% from the previous month.

The price per square foot for listings in this area is $58.

The median sale price in September for single family homes was $89,000.

The price per square foot for sales in this area is $39.

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24112 (Martinsville, VA) Market Inventory Trends

The number of active listings in Martinsville dropped by 16.7% from the previous month.

The median number of days active properties have been listed is 64. This is significantly shorter than the national average.

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24112 (Martinsville, VA) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.