46151 Home Values & Market Trends

There are 10 homes currently listed for 46151. 46151 real estate market trends show that home prices range from $63,000 to $900,000, and the median sales price in the 46151 zip code is $268,420.82. The total number of properties sold within the past twelve months is 664. In 46151, 46 properties are in foreclosure, 5 are bank owned properties,and 13 are headed for auction.

46151 Real Estate Market Overview

CityMedian Est. Value
Martinsville

$ 303,125

$ 147/sqft

Housing Market Summary for 46151

Apr 2023March 2024Change
Median Listing Price$482K$263.5K-45.34%
Median Sold Price$234.2K$263.5K12.50%
Homes For Sale2613-50.00%
Homes Sold2432544.53%
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 46151

The median list price of a home in Martinsville, is $268,420.82. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 46151 properties is 10,946.

Foreclosure
There is 1 cities within 46151; within this cities, the median estimated home value for homes in foreclosure ranges from $587,417 in martinsville to the lowest value of $76,144 in martinsville. Foreclosure homes account for 0.00% of properties in 46151 with martinsville containing 46 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.26% of all residential properties in 46151 with martinsville containing 28 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 $587,417 in martinsville to the lowest home value of $129,500 in martinsville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 46151 ranges from the highest value of $201,854 in martinsville to the lowest value of $76,144 in martinsville. Bank owned homes and properties account for 0.05% of properties in 46151. There is 1 cities within 46151; martinsville containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    martinsville has 13 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 0.12% 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 $504,898 in martinsville to the lowest value of $153,390 in martinsville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in 46151 with martinsville containing 10 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 46151; homes for sale in that cities, have a range of median values from $541,046 in martinsville to the lowest value of $82,000 in martinsville.
    Sold Homes
    The median value for recently sold homes ranges from $1,121,780 in martinsville to the lowest price of $31,299 in martinsville. There is 1 cities within 46151. martinsville has 261 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.38% of properties in 46151.

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      Guide for 46151

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      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.