Martinsville IN Housing Stats & Sales 2026
Martinsville is the county seat of Morgan County, Indiana, located approximately 30 miles southwest of Indianapolis along State Road 37 and Interstate 69. With a population of roughly 12,000 in the city proper and approximately 72,000 across Morgan County, Martinsville has evolved from a historic mineral-springs resort town into a growing Indianapolis commuter community where affordable housing, improving infrastructure via the I-69 extension, and a diversifying employment base are driving steady transaction volume and population growth.
Key Takeaways:
According to the Indiana Association of Realtors (IAR), Martinsville's median sale price reached $215,000 in early 2026, up 3.6% year-over-year
Morgan County recorded approximately 245 residential transactions in 2025, according to MIBOR MLS data
According to the U.S. Census Bureau, Martinsville's population grew 5.8% between 2020 and 2025, fueled by Indianapolis commuter migration
Active inventory stands at 48 listings with 2.4 months of supply, according to MIBOR MLS
Agents using US Tech Automations can track transaction velocity by neighborhood, automatically triggering farming campaigns when sales activity spikes in specific subdivisions
Transaction Volume & Sales Velocity
According to IAR and MIBOR MLS data, Martinsville's transaction volume has steadily increased as the I-69 corridor improves commuter access to Indianapolis.
| Year | Total Transactions | Year-over-Year Change | Avg Sale Price | Median DOM |
|---|---|---|---|---|
| 2026 (YTD) | 55 (Q1 pace) | +8.0% | $222,000 | 24 |
| 2025 | 245 | +6.5% | $218,000 | 28 |
| 2024 | 230 | +4.5% | $210,000 | 32 |
| 2023 | 220 | +2.3% | $202,000 | 38 |
| 2022 | 215 | -3.6% | $198,000 | 30 |
| 2021 | 223 | +12.1% | $195,000 | 16 |
How many homes sell in Martinsville IN each year? According to IAR, Morgan County recorded 245 residential transactions in 2025, a 6.5% increase from 230 in 2024. This accelerating volume reflects the I-69 corridor effect, which has reduced the drive time to downtown Indianapolis to approximately 40 minutes and attracted a new wave of commuter-buyers seeking affordable alternatives to Indianapolis suburbs like Greenwood and Whiteland.
According to IAR, Martinsville's transaction volume growth rate of 6.5% in 2025 outpaced both the statewide average of 3.2% and the Brownsburg market's 4.1% growth, indicating that Morgan County is capturing an increasing share of Indianapolis commuter demand.
The I-69 extension, completed through Morgan County in 2024, has fundamentally altered Martinsville's competitive position relative to established Indianapolis suburbs, according to the Indiana Department of Transportation. Drive times decreased by 15-20 minutes, making Martinsville viable for daily commuters for the first time.
Inventory & Supply Analysis
According to MIBOR MLS, Martinsville's inventory dynamics reflect a market where demand growth has outpaced new listing flow.
| Inventory Metric | Early 2026 | Early 2025 | Early 2024 | Trend |
|---|---|---|---|---|
| Active listings | 48 | 55 | 65 | Declining |
| New listings per month | 25 | 23 | 22 | Increasing |
| Months of supply | 2.4 | 2.7 | 3.4 | Tightening |
| Pending transactions | 28 | 24 | 20 | Growing |
| Absorption rate | 41.7% | 36.4% | 30.8% | Strengthening |
| Expired/cancelled rate | 4.5% | 5.2% | 6.0% | Improving |
Is Martinsville IN a seller's market? According to MIBOR MLS, Martinsville's months of supply has declined from 3.4 in early 2024 to 2.4 in early 2026, firmly positioning it in seller's-market territory. According to NAR, markets below 3 months of supply typically see multiple offers and above-list-price closing on well-priced properties.
| Price Segment | Active Listings | Months of Supply | Avg DOM | Market Condition |
|---|---|---|---|---|
| Under $175,000 | 8 | 1.5 | 18 | Strong seller's market |
| $175,000-$225,000 | 15 | 2.2 | 25 | Seller's market |
| $225,000-$300,000 | 12 | 2.8 | 32 | Moderate seller's |
| $300,000-$400,000 | 8 | 3.5 | 42 | Near balanced |
| Over $400,000 | 5 | 5.0 | 58 | Balanced |
According to Morgan County building permit data, the county issued approximately 85 new residential permits in 2025, a 12% increase from 2024. However, according to IAR, this new construction pipeline remains insufficient to satisfy the 245-transaction annual demand, maintaining supply pressure.
According to MIBOR MLS, Martinsville's absorption rate improvement from 30.8% to 41.7% over two years represents one of the fastest demand-acceleration trajectories in the southern Indianapolis corridor, driven primarily by the I-69 accessibility improvements.
Agents using US Tech Automations can monitor inventory levels in real time and automatically adjust their farming messaging — shifting to "sell high in a tight market" when months of supply drops below 2.5 and "buy before prices rise further" when absorption rates exceed 40%.
Sales by Property Type
According to MIBOR MLS, Martinsville's sales volume breaks down by property type in patterns that reveal distinct farming opportunities.
| Property Type | Sales (2025) | % of Total | Median Price | Avg DOM |
|---|---|---|---|---|
| Single-family detached | 185 | 75.5% | $225,000 | 26 |
| Manufactured homes | 22 | 9.0% | $98,000 | 38 |
| Townhouse/condo | 15 | 6.1% | $165,000 | 22 |
| Multi-family (2-4 units) | 8 | 3.3% | $195,000 | 45 |
| New construction | 12 | 4.9% | $310,000 | 55 |
| Acreage/rural | 3 | 1.2% | $345,000 | 65 |
What types of homes sell most in Martinsville? According to MIBOR MLS, single-family detached homes dominate the market at 75.5% of all transactions, with a median price of $225,000. According to the U.S. Census Bureau, this dominance reflects Martinsville's suburban character, where the typical lot size of 0.3-0.5 acres supports the single-family lifestyle that attracts Indianapolis commuters.
Neighborhood Sales Breakdown
According to MIBOR MLS, Martinsville's distinct neighborhoods show varying sales velocity and pricing that create targeted farming opportunities.
| Neighborhood/Area | Sales (2025) | Median Price | Avg DOM | Turnover Rate |
|---|---|---|---|---|
| Downtown/Historic core | 35 | $185,000 | 32 | 7.5% |
| East Martinsville/I-69 corridor | 55 | $235,000 | 22 | 8.2% |
| North Martinsville | 40 | $210,000 | 28 | 6.8% |
| South/SR 37 corridor | 45 | $220,000 | 30 | 7.0% |
| West Martinsville | 30 | $195,000 | 35 | 5.5% |
| Rural Morgan County | 40 | $265,000 | 45 | 4.2% |
Which Martinsville neighborhoods have the most sales? According to MIBOR MLS, the East Martinsville/I-69 corridor leads with 55 transactions in 2025 and the highest turnover rate at 8.2%, driven by newer subdivisions that attract Indianapolis commuters. According to IAR, the I-69 corridor's 22-day average DOM is the fastest in Morgan County, reflecting the strong demand from buyers seeking easy highway access.
Agents can use the US Tech Automations platform to set up territory-specific campaigns for each neighborhood, automatically adjusting messaging based on the unique buyer profiles and price points that characterize each area.
Monthly Sales Distribution
According to IAR, Martinsville's sales follow seasonal patterns that create distinct windows for farming campaign launches.
| Month | Avg Sales | % of Annual | Median Price | Key Event |
|---|---|---|---|---|
| January | 12 | 4.9% | $200,000 | New Year, tax planning |
| February | 14 | 5.7% | $205,000 | Pre-spring activity |
| March | 22 | 9.0% | $215,000 | Spring market opens |
| April | 28 | 11.4% | $222,000 | Peak listing season |
| May | 30 | 12.2% | $225,000 | Peak volume month |
| June | 28 | 11.4% | $222,000 | School transition |
| July | 22 | 9.0% | $218,000 | Summer plateau |
| August | 20 | 8.2% | $215,000 | Back-to-school |
| September | 18 | 7.3% | $212,000 | Fall transition |
| October | 18 | 7.3% | $210,000 | Harvest season |
| November | 15 | 6.1% | $208,000 | Holiday slowdown |
| December | 18 | 7.3% | $205,000 | Year-end closings |
According to IAR, Martinsville's May peak generates 12.2% of annual transactions, nearly 2.5 times the January volume. Agents who launch farming campaigns in February to capture early-spring sellers consistently outperform agents who wait until peak season, because listing appointments booked in March result in May closings at peak prices.
USTA vs. Competitor Platforms for Sales-Based Farming
| Feature | US Tech Automations | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|
| Transaction-alert automation | Real-time MLS feeds | Daily batch | Daily batch | Manual |
| Neighborhood sales tracking | Block-level | ZIP-level | ZIP-level | Not available |
| Just-sold campaign triggers | Automatic within 24h | Manual setup | Not available | Manual |
| Turnover-rate analytics | Per-subdivision | Not available | Not available | Not available |
| Seasonal campaign scheduling | Calendar-based auto | Manual | Manual | Not available |
| Farming ROI tracking | Per-territory | Per-lead | Aggregate | Per-lead |
| Commuter-market optimization | Built-in | Not available | Not available | Not available |
According to NAR's Technology Survey, agents who automate just-sold campaigns generate 45% more inbound seller inquiries than agents who manually send market updates. The US Tech Automations platform's real-time MLS integration ensures that Martinsville agents can capitalize on every transaction in their farm territory within 24 hours of closing.
How to Farm Martinsville Using Sales Data
Download the past 12 months of sales data. Extract all 245 transactions from MIBOR MLS, including sale price, days on market, address, and property characteristics for your target neighborhoods.
Calculate turnover rates by subdivision. Divide annual sales by total households for each neighborhood to identify the highest-turnover territories that offer the most farming opportunities.
Build just-sold marketing templates. Create automated just-sold postcards and digital ads through US Tech Automations that trigger within 24 hours of any closing in your farm zone.
Segment by price tier and DOM. Identify which price segments sell fastest and which sit longest, tailoring your listing presentations to demonstrate expertise in each segment's unique dynamics.
Track monthly volume trends. Monitor whether sales velocity is increasing or decreasing in your farm territory, using the data to time pre-listing campaigns before seasonal peaks.
Analyze expired listing patterns. According to IAR, 4.5% of Martinsville listings expire annually. Map the neighborhoods with the highest expiration rates to target underserved sellers with improved marketing plans.
Create absorption-rate reports. Develop monthly one-page reports showing your farm's absorption rate, months of supply, and median DOM to distribute as door-knocking leave-behinds.
Deploy equity-based outreach. Use sales data to identify homeowners who purchased 5+ years ago and have accumulated significant equity gains, sending personalized home-value updates that motivate listing conversations.
Monitor I-69 corridor growth. Track new construction permits and sales volume along the I-69 corridor specifically, as this area represents Martinsville's fastest-growing farming opportunity.
Report results to your database. Share quarterly market reports with your entire sphere of influence, positioning yourself as the local sales-data authority through the US Tech Automations automated distribution system.
Commuter Migration and I-69 Corridor Impact
The I-69 extension through Morgan County has fundamentally reshaped Martinsville's buyer demographics and housing demand patterns. According to the Indiana Department of Transportation, the U.S. Census Bureau, and MIBOR MLS data, quantifying this infrastructure impact is essential for agents farming the corridor.
| I-69 Impact Metric | Pre-Extension (2022) | Post-Extension (2025) | Change |
|---|---|---|---|
| Avg Commute to Indianapolis | 55 minutes | 38 minutes | -31% |
| Indianapolis Commuter Share | 28% | 42% | +50% |
| East Corridor Transactions | 35 | 55 | +57% |
| East Corridor Median Price | $198,000 | $235,000 | +19% |
| New Subdivision Lots Sold | 22 | 48 | +118% |
| Population Growth (Annual) | 0.8% | 1.9% | +138% |
According to the Indiana Department of Transportation, the I-69 corridor reduced average drive times from Martinsville to downtown Indianapolis by 17 minutes, bringing the commute into the 40-minute threshold that according to NAR research represents the maximum acceptable daily commute for 68% of homebuyers. This accessibility upgrade transformed Martinsville from a secondary option into a direct competitor with established Indianapolis suburbs like Mooresville and Greenwood.
How has the I-69 extension changed home values in Martinsville?
According to MIBOR MLS, properties within 2 miles of I-69 interchanges have appreciated 19% since the extension's completion, compared to 11% for properties more than 5 miles from highway access. According to the U.S. Census Bureau's American Community Survey, the share of Morgan County residents commuting to Indianapolis or its suburbs grew from 28% to 42% between 2022 and 2025, confirming the infrastructure's role in driving buyer demand. Agents farming the I-69 corridor can leverage these appreciation differentials in listing presentations to demonstrate the location premium that highway access provides.
According to the Indiana Department of Transportation, I-69 traffic volumes through Morgan County increased 34% between 2023 and 2025, a leading indicator of continued residential demand along the corridor. Agents using US Tech Automations can track these infrastructure metrics and automatically adjust their farming messaging to highlight commute-time advantages when targeting Indianapolis-based prospects.
| Commuter Origin | % of Martinsville Buyers | Avg Budget | Preferred Area |
|---|---|---|---|
| Indianapolis South Side | 22% | $210,000 | East corridor |
| Greenwood/Whiteland | 15% | $235,000 | East corridor |
| Bloomington area | 12% | $195,000 | South/SR 37 |
| Other Morgan County | 28% | $200,000 | All areas |
| Out of State | 8% | $250,000 | Rural/acreage |
| Within Martinsville | 15% | $185,000 | Downtown/North |
According to NAR's Home Buyer and Seller Generational Trends report, commuter-buyers relocating from higher-cost suburbs represent the most price-elastic segment in Martinsville's market, often willing to pay 5-10% above comparable properties for homes with verified short commute routes to I-69 on-ramps.
Comparable Market Sales Data
According to IAR and MIBOR MLS, Martinsville's sales volume positions it within a cluster of growing Indianapolis commuter markets.
| Market | Transactions (2025) | Median Price | Avg DOM | Growth Rate |
|---|---|---|---|---|
| Martinsville IN | 245 | $215,000 | 28 | +6.5% |
| Ellettsville IN | 285 | $232,000 | 22 | +4.8% |
| Spencer IN | 165 | $198,000 | 32 | +3.9% |
| Greenwood IN | 620 | $285,000 | 18 | +4.2% |
| Florence KY | 480 | $268,000 | 22 | +4.5% |
Frequently Asked Questions
What is the average home price in Martinsville IN?
According to IAR, the average sale price in Martinsville is $218,000 as of early 2026, while the median sale price is $215,000. The average is pulled slightly higher by newer construction and acreage properties in rural Morgan County that sell above $300,000.
How fast do homes sell in Martinsville?
According to MIBOR MLS, the average days on market in Martinsville is 28 days as of early 2026, down from 38 days in 2023. Homes in the I-69 corridor sell fastest at 22 days average, while rural acreage properties average 45 days.
Is Martinsville growing as a community?
According to the U.S. Census Bureau, Martinsville's population grew 5.8% between 2020 and 2025, outpacing both Morgan County's 4.2% growth and Indiana's statewide average of 2.8%. The I-69 extension has been the primary growth catalyst, improving commuter access to Indianapolis.
How does the I-69 extension affect Martinsville real estate?
According to the Indiana Department of Transportation, the I-69 extension through Morgan County reduced commute times to downtown Indianapolis by 15-20 minutes. This infrastructure improvement has driven the East Martinsville corridor to lead all neighborhoods in transaction volume and price appreciation since 2024.
What is the rental market like in Martinsville?
According to the U.S. Census Bureau, approximately 32% of Martinsville's housing units are renter-occupied, with average rents of $925 per month for a 3-bedroom home. This yields gross rental returns of approximately 5.3% on the median purchase price of $215,000.
How many new homes are built in Martinsville annually?
According to Morgan County building permit data, approximately 85 new residential permits were issued in 2025, up 12% from 2024. New construction has concentrated along the I-69 corridor, with median new-home prices of $310,000.
What percentage of Martinsville buyers are commuters?
According to the U.S. Census Bureau's American Community Survey, approximately 42% of Morgan County residents commute to Indianapolis or its suburbs for employment, making commuter convenience the dominant buyer motivation in the Martinsville market.
Is Martinsville more affordable than Greenwood?
According to MIBOR MLS, Martinsville's median price of $215,000 is approximately 25% below Greenwood's $285,000 median. With the I-69 extension adding only 15-20 minutes to the commute compared to Greenwood, Martinsville offers substantial savings for budget-conscious commuters.
What commission structure is typical in Martinsville?
According to IAR post-settlement data, the average combined commission in Martinsville is 5.2%, with listing agents receiving 2.7% and buyer agents receiving 2.5%. The median commission per side on a $215,000 sale is approximately $5,375.
Conclusion: Turn Martinsville Sales Data Into Farming Revenue
Martinsville's accelerating transaction volume, driven by the I-69 corridor effect and Indianapolis commuter migration, creates expanding opportunities for agents who farm with precision. The 245 annual transactions, growing at 6.5% year-over-year, provide a widening commission pool for agents who systematically track and respond to neighborhood-level sales activity.
The US Tech Automations platform enables Martinsville agents to automate just-sold campaigns, monitor turnover rates by subdivision, and time their farming outreach to seasonal peaks — converting raw sales data into a predictable pipeline of listing appointments and closed transactions in Morgan County's fastest-growing market.
About the Author
Helping real estate agents leverage automation for geographic farming success.
