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Housing in Martinsville

121 homes sold in Martinsville in the last year, at a typical $808K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Martinsville homes are listed.

Homes sold
121
October 2025 to September 2026
Typical sale price
$808K
median, weighted by sales
Price per square foot
$357
New Jersey $335
Paid vs. asking
102.9%
55% sold over asking
For sale now
27
September 2026 · 15 sold that month
What sold · last 12 months

Houses are 100% of Martinsville’s sales, at a typical $836K (year to May 2026)

121 homes sold in the year to September 2026.

Houses$836K

typical sale · 121 sold in the year to May 2026

Per square foot
$350NJ $331
Days to sell
26
Sold over asking
55%
Listings with a price cut
19%
14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

121 sales in the last year, against 227 in 2021 and a low of 124 in 2012. The typical sale went from $475K in 2016 to $808K.

Homes soldTypical sale price
062125187250$525K$650K$775K$900K2012: 124 sold, typical $468K’122013: 168 sold, typical $475K2014: 147 sold, typical $469K’142015: 160 sold, typical $499K2016: 158 sold, typical $475K’162017: 216 sold, typical $496K2018: 185 sold, typical $538K’182019: 188 sold, typical $534K2020: 219 sold, typical $532K’202021: 227 sold, typical $590K2022: 157 sold, typical $621K’222023: 132 sold, typical $659K2024: 154 sold, typical $755K’242025: 132 sold, typical $823KLast 12 months: 121 sold, typical $808KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $800K buys in Martinsville

Houseat $350 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Martinsville homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Martinsville are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Martinsville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 121 sales.

If you’re buying in Martinsville

  • Shop in March. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Expect to bid over asking. Buyers paid 102.9% of the list price on average; 55% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 26 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 25 a month), but July is the most competitive: 40% of July sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). January has the least competition (22%) but only about 12 new listings.

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 12 new listings a month, 22% sold over asking, 102 days to sellJFeb: 15 new listings a month, 23% sold over asking, 99 days to sellFMar: 21 new listings a month, 25% sold over asking, 104 days to sellMApr: 22 new listings a month, 35% sold over asking, 76 days to sellAMay: 25 new listings a month, 35% sold over asking, 68 days to sellMJun: 20 new listings a month, 37% sold over asking, 67 days to sellJJul: 21 new listings a month, 40% sold over asking, 71 days to sellJAug: 18 new listings a month, 37% sold over asking, 68 days to sellASep: 16 new listings a month, 39% sold over asking, 79 days to sellSOct: 15 new listings a month, 33% sold over asking, 73 days to sellONov: 10 new listings a month, 32% sold over asking, 70 days to sellNDec: 6 new listings a month, 37% sold over asking, 78 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New Jersey

Martinsville now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price55%17%49%44%
Gone within two weeksShare of homes under contract within 14 days26%2%2%30%
Price paid vs. askingAverage sale price ÷ list price102.9%97.4%101.1%100.9%
Days to sellMedian days from listing to contract261007446
Supply

20 homes for sale on a typical day

That’s 7.1 times the 2013 low (3), 75% fewer than in 2017–19 and well under 2016’s 85.

2012: 6 for sale’122013: 3 for sale2014: 7 for sale2015: 70 for sale’152016: 85 for sale2017: 84 for sale2018: 81 for sale’182019: 78 for sale2020: 70 for sale2021: 49 for sale’212022: 28 for sale2023: 18 for sale2024: 17 for sale’242025: 17 for saleLast 12 months: 20 for saleNow
Across New Jersey

Martinsville ranks 111th of 300 busy New Jersey markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Martinsville is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Martinsville

Four things worth knowing

25

New listings in May

The month with the most choice. December has the fewest, about 6.

Best time to buy
34 min

Typical commute

The average one-way trip to work for people who live in Martinsville.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Finderne and Bound Brook sell for less a square foot

The busier markets within 25 miles of Martinsville, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bridgewater Township506$681K$36360%26
Warren Township185$1.2M$42237%38
Martinsville121$808K$35755%26
Somerville96$596K$37257%30
Bound Brook68$556K$33163%47
Green Knoll49$778K$38361%27
Finderne41$522K$34050%32

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Martinsville, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Martinsville. People who follow the town see it, and so do people comparing Martinsville with their own town. No commission, no listing fee.

Questions about buying a home in Martinsville

What do homes sell for in Martinsville, NJ?

121 homes sold in the year to September 2026 at a typical $808K, $357 a square foot.

Is Martinsville a buyer’s or seller’s market?

A seller’s market: 27 homes were for sale in September 2026 and 15 sold, about 1.8 months of supply. Buyers paid 102.9% of asking on average.

When is the best time to buy in Martinsville?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Martinsville?

Zillow, Redfin, Realtor.com and Homes.com all carry Martinsville’s MLS listings; the search links above open each one filtered to Martinsville.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).