Martinsville, IN Real Estate

According to census data in the year 2000 there were 4,903 housing units in Martinsville. This represents a 6.5% growth from 4,604 in 1990.

Of those housing units, 4,826 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.

Homeownership rate in Martinsville is about 60.6%. Martinsville's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Martinsville were built after 1962.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom17.40%
Two Bedrooms38.10%
Three Bedrooms34.70%
Four Bedrooms8.50%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1957
Median Value of occupied units$90,100
Median Price asked for vacant units$54,400

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1969
Median Monthly Rent asked for vacant units$420

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12.60%
Home Equity Loan4.80%
Simple Mortgage48.50%
Debt Free33.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%