46151 Home Values & Market Trends
There are 518 homes currently listed for 46151. 46151 real estate market trends show that home prices range from $20,000 to $699,500, and the median sales price in the 46151 zip code is $287,170. The total number of properties sold within the past twelve months is 357. In 46151, 37 properties are in foreclosure, 1 are bank owned properties,and 6 are headed for auction.
46151 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Martinsville | $ 287,170 $ 186/sqft |
Housing Market Summary for 46151
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $297.4K | $289.9K | -2.54% |
| Median Sold Price | $277.7K | $299.4K | 7.79% |
| Homes For Sale | 373 | 518 | 38.87% |
| Homes Sold | 251 | 61 | -75.70% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 46151
Browse Homes in 46151
The median list price of a home in Martinsville, is $287,170. A total of 518 properties are for sale, and the percentage of properties for sale in the zip code is 518.00%. The total count of 46151 properties is 647.
- Pre-ForeclosurePre-foreclosure homes account for 4.64% of all residential properties in 46151 with martinsville containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 46151; of that cities, the estimated home value for pre-foreclosure homes ranges from $760,000 in martinsville to the lowest home value of $121,310 in martinsville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 46151 ranges from the highest value of $220,000 in martinsville to the lowest value of $220,000 in martinsville. Bank owned homes and properties account for 0.15% of properties in 46151. There is 1 cities within 46151; martinsville containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmartinsville has 6 auction properties, the highest number of properties going to auction in a single city in the state of 46151. Auction homes and other auction properties account for 0.93% of all properties in 46151. There is 1 cities within 46151; of that cities, the median estimated home value for homes going to auction ranges from $422,179 in martinsville to the lowest value of $167,480 in martinsville.
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Guide for 46151
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
