Home prices
Martinsville's median home price is $559,800. It is approximately $215,980 (62%) higher in comparison to the surrounding areas.Compared to the entire nation it is about $342,300 (157%) higher, and is about $46,200 (7%) lower in comparison to the city of New York.
Rents
The median monthly rent in Martinsville is $1,657. In comparison to nearby areas this is approximately $209 (14%) higher.It is approximately $595 (56%) higher in comparison to the entire nation, and compared to the city of New York is about $214 (14%) higher.
Nearby places
Green Knoll
Green Knoll is Martinsville's neighbor to the west. Its real estate prices are a little less expensive. Green Knoll's median home value is $482,500, which is $77,300 (16%) lower than Martinsville. Its rents are substantially less expensive. The median monthly rent in Green Knoll is $1,161, which is $496 (42%) lower than Martinsville.
Finderne
Finderne is Martinsville's neighbor to the south. Its housing prices are significantly less expensive. The price of the median home in Finderne is $297,300, which comes out to $262,500 (88%) lower than Martinsville. Rents there are somewhat less expensive. The median monthly rent in Finderne is $1,574, which works out to $83 (5%) lower than Martinsville.
Bound Brook
Bound Brook is Martinsville's neighbor to the southeast. Its housing prices are significantly less expensive. Bound Brook's median home cost is $273,700, which comes out to $286,100 (104%) lower than Martinsville. The rent there is a bit less expensive. Bound Brook's median rent is $1,443 per month, which works out to $214 (14%) lower than Martinsville.
Somerville
Somerville is approximately 2 miles southwest from Martinsville. Real estate prices there are significantly less expensive. The median home in Somerville is valued at $322,000, which is $237,800 (73%) lower than Martinsville. The rent there is somewhat less expensive. Somerville's median monthly rent is $1,388, which comes out to $269 (19%) lower than Martinsville.
Raritan
Raritan is approximately 3 miles southwest of Martinsville. Its housing prices are substantially less expensive. Raritan's median home value is $343,600, which comes out to $216,200 (62%) lower than Martinsville. Rent there is fairly similar. In Raritan the median rent is $1,672 a month, which is very similar to Martinsville.
