24112 Home Values & Market Trends

There are 268 homes currently listed for 24112. 24112 real estate market trends show that home prices range from $48,600 to $230,000, and the median sales price in the 24112 zip code is $152,360. The total number of properties sold within the past twelve months is 453. In 24112, 34 properties are in foreclosure, 22 are bank owned properties,and 12 are headed for auction.

24112 Real Estate Market Overview

CityMedian Est. Value
Martinsville

$ 152,360

$ 123/sqft

Housing Market Summary for 24112

Sep 2025September 2026Change
Median Listing Price$127K$122.5K-3.54%
Median Sold Price$149K$117.2K-21.38%
Homes For Sale22926113.97%
Homes Sold212177-16.51%
Price
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Homes For Sale
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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%.

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Browse Homes in 24112

The median list price of a home in Martinsville, is $152,360. A total of 268 properties are for sale, and the percentage of properties for sale in the zip code is 268.00%. The total count of 24112 properties is 511.

Foreclosure
There is 1 cities within 24112; within this cities, the median estimated home value for homes in foreclosure ranges from $670,041 in martinsville to the lowest value of $35,873 in martinsville. Foreclosure homes account for 6.00% of properties in 24112 with martinsville containing 34 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 24112 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24112; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 24112 ranges from the highest value of $670,041 in martinsville to the lowest value of $35,873 in martinsville. Bank owned homes and properties account for 4.31% of properties in 24112. There is 1 cities within 24112; martinsville containing 22 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    martinsville has 12 auction properties, the highest number of properties going to auction in a single city in the state of 24112. Auction homes and other auction properties account for 2.35% of all properties in 24112. There is 1 cities within 24112; of that cities, the median estimated home value for homes going to auction ranges from $525,500 in martinsville to the lowest value of $99,658 in martinsville.
Homes for Sale
Homes and properties that are actively listed for sale account for 52.45% of residential properties in 24112 with martinsville containing 268 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 24112; homes for sale in that cities, have a range of median values from $722,384 in martinsville to the lowest value of $13,128 in martinsville.
    Sold Homes
    The median value for recently sold homes ranges from $630,475 in martinsville to the lowest price of $13,604 in martinsville. There is 1 cities within 24112. martinsville has 175 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 34.25% of properties in 24112.

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      Guide for 24112

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.