Unshakable ZIP Data 46151 | Martinsville, IN Housing Market
Martinsville · Morgan County · Indianapolis-Carmel-Anderson, IN metro · Indiana · Data updated June 19, 2026
The median sale price in ZIP 46151, Martinsville, Indiana is $299,906 at $151 per square foot. 129 single-family homes sold in the latest period, up 11.9 percent from a year earlier. Homes sit a median of 29 days on market with 2.0 months of supply. Sellers are getting 98.8 percent of list price and 20.0 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $294,577 | |
| Average price per sq ft | $149 | |
| Median sale price | $299,906 | |
| Median sale price per sq ft | $151 | |
| Median home size | 1,983 sq ft | |
| Median new listing price | $307,363 | -9.5% |
| National size rank | 3,165 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 129 | +11.9% |
| Median days on market | 29 days | |
| Months of supply | 2.0 months | |
| New listings | 149 | +12.2% |
| Active listings | 226 | +18.3% |
| Pending sales | 150 | +10.3% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 98.8% | +0.3 pts |
| Share sold above list | 20.0% | +4.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$158,659
2-bedroom
$203,269
3-bedroom
$299,347
4-bedroom
$408,741
5-bedroom
$498,991
These figures describe the single-family market for Martinsville, Indiana ZIP 46151. They are market context, not a substitute for sold comps or a formal appraisal.