Martinsville, VA Real Estate
According to census data in the year 2000 there were 7,249 housing units in Martinsville.
This represents a 0.8% decline from 7,310 in 1990.
Of those housing units, 7,249 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Martinsville is about 60.2%.
Martinsville's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Martinsville were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||4.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1958|
|Median Value of occupied units||$69,100|
|Median Price asked for vacant units||$44,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.28|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$347|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||5.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.6%|