Martinsville, IL Real Estate

According to census data in the year 2000 there were 601 housing units in Martinsville. This represents a 2% growth from 589 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 601 were located in what is classified as a rural area.

Homeownership rate in Martinsville is about 74.9%. Martinsville's vacancy rate, including seasonal lodging, is about 12.5%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Martinsville were built after 1949.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom9%
Two Bedrooms36.90%
Three Bedrooms39.10%
Four Bedrooms11.60%
Five Bedrooms or more3.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1943
Median Value of occupied units$46,600
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1967
Median Monthly Rent asked for vacant units$149

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage3%
Home Equity Loan1.50%
Simple Mortgage46.20%
Debt Free47.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%