Martinsville

Martinsville

Located in Morgan County

$269,515 Average Value
$167 Average Price per Sq Ft
69 Homes For Sale

Interstate access could key growth spurt between Bloomington and Indy

At one point in the early 1900s, Martinsville was known as one of the country's top three sources of mineral water. Reminders of that identity remain even though that’s no longer the case — a prominent downtown sign proudly declares Martinsville the “City of Mineral Water,” and the lone high school’s mascot is the Artesians.
Today, Martinville’s economy is more tied to the highway that runs through it than the streams that flow through it. Interstate 69, connecting 40 miles north to Indianapolis and 20 miles south to Bloomington, reached completion in 2024 following a decade-long construction project. This newfound commuter convenience presents an opportunity for this town, where the population has hovered around 12,000 residents since 1990, to grow into a new identity. “We’re kind of in this niche where commuting is super easy for everybody, but Martinsville hasn’t been fully discovered yet,” says Michelle Chandler, Realtor and co-owner of the Shelia and Michelle Team. “We just sit in the heart of everywhere you want to go.”

From old homes on city blocks to large properties in the country

Residents categorize Martinsville homes in two ways: "in town" or "out of town." "Town" is the more established part of Martinsville, where houses sit on gridded streets with smaller city-sized lots. These homes date from the late 19th century to the mid-20th century, and many are bungalows. Houses in the more rural northernmost portion of Martinsville have more elbow room between them, ranging from multi-acre wooded lots to large contemporary houses beside Fish Hatchery Lake, Foxcliff Lake and Foxcliff Golf Club. Homes located in town are typically at the lower end of the area’s price range, with small cottages in need of some updates starting at around $110,000. Homes out of town with more land and square footage could sell for as high as $2 million. The median home price in Martinsville is about $30,000 more than in Indianapolis and $50,000 less than in Bloomington.

Although the city’s property crime rate is slightly above the national average, its violent crime rate is well below.

Craftsman style new build homes lining E York St in Martinsville.
Craftsman style new build homes lining E York St in Martinsville.
A rambler next to a bungalow on S Main St in Martinsville.
A rambler next to a bungalow on S Main St in Martinsville.
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Martinsville High features student-produced broadcasting program

The Metropolitan School District of Martinsville earns a B-rating from Niche. Kindergarten through fourth-grade students attend one of seven elementary schools before advancing to Bell Intermediate Academy for fifth and sixth grades. John R. Wooden Middle School, named for Martinsville’s most well-known native son, incorporates Wooden’s Pyramid of Success into its curriculum. Martinsville High has a student-produced, FCC-licensed TV station that also broadcasts Artesian sporting events.

North Elementary School in Martinsville serves grades PK-2.
North Elementary School in Martinsville serves grades PK-2.
Bell Intermediate Academy
Bell Intermediate Academy
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Fisheries play unique role in local economy

Ozark Fisheries has a sprawling complex of ponds north of town and is the oldest continuously operating private goldfish and koi farm in the United States. The Indiana Department of Natural Resources also operates a fish hatchery, raising fish to be released throughout the state’s lakes and streams. Though the fisheries are unique to Martinsville, the city’s largest private employers include IU Health Morgan Hospital, Walmart Supercenter and novelty sock-maker For Bare Feet. The city and county governments and the Metropolitan School District of Martinsville are also prominent area employers.

Ozark Fisheries is another large employer in Martinsville.
Ozark Fisheries is another large employer in Martinsville.
Ozark Fisheries has a plethora of ponds on the property in Martinsville.
Ozark Fisheries has a plethora of ponds on the property in Martinsville.
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A thriving downtown of locally owned businesses

Martinsville’s downtown square is a thriving shopping and dining district in the blocks surrounding City Hall and the Morgan County Courthouse. “You could literally just walk around the square and go from store to store,” Chandler says. “And they’re all small mom-and-pop businesses owned by people within the community.” Martinsville Candy Kitchen, a soda shop and candy store in operation since 1919, is one of the town’s most enduring businesses. An array of national chain restaurants and stores are found along the I-69 corridor.

Downtown Martinsville is lined with charming two-story historic buildings.
Downtown Martinsville is lined with charming two-story historic buildings.
I love pizza; try the lunch buffet at Mr Gatti's Pizza in Martinsville.
I love pizza; try the lunch buffet at Mr Gatti's Pizza in Martinsville.
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Parks and golf courses reflect the rolling hills of Southern Indiana

The nearly 25,000 acres of Morgan-Monroe State Forest are just 5 miles south of Martinsville. Morgan-Monroe is open for boating, fishing, hunting, hiking and even gold-panning. Jimmy Nash City Park is the gem of Martinsville’s park system, with multiple picnic shelters and playgrounds amid a landscape that serves as a proper introduction to the rolling hills of southern Indiana. A pair of public golf courses, Martinsville Golf Club and Foxcliff Golf Club, also take advantage of the local topography, which begins changing dramatically from the flatlands of Central Indiana.

Kids head to the play structure at Martinsville City Park after school.
Kids head to the play structure at Martinsville City Park after school.
Martinsville City Park has a pool, playground and pickleball courts.
Martinsville City Park has a pool, playground and pickleball courts.
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High school sports play a large role in local culture

High school sports have been a big deal in Martinsville for over a century. John Wooden was a basketball star at Martinsville High in the 1920s before playing at Purdue University and then coaching UCLA to a record 10 NCAA men’s basketball national championships in the 1960s and ‘70s. Many residents can simply walk to games on Friday or Saturday nights. Big-time college athletics are a short drive away – sporting events at Indiana University are just 20 miles south of town, and it’s not unusual for Martinsville hotels to fill up on weekends when the Hoosiers are playing at home. Major annual Martinsville events include the Morgan County Fair and the Fall Foliage Festival.

John R Wooden Middle School
John R Wooden Middle School
Students heavily use the athletic fields behind Martinsville High School.
Students heavily use the athletic fields behind Martinsville High School.
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Important to know

The legacy of one of the most notorious hate crimes in Indiana history — the 1968 killing of a 20-year-old Black woman who was selling encyclopedias door-to-door — affected the city’s reputation for decades as the case remained unsolved. In 2001, an out-of-towner who was traveling through Martinsville at the time of the murder was finally apprehended and charged with the crime. The town’s population was 99% white in the 2000 U.S. Census, compared to 95% in the 2020 Census.

Alex Hickey
Written By
Alex Hickey
Jack Adams
Photography Contributed By
Jack Adams
Jason Jacot
Video By
Jason Jacot

Interested in learning more about homes in this area? Reach out to Dana Wright, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Martinsville Housing Trends

Housing Trends

Median List Price
$296,368
Median Sale Price
$269,450
Median Single Family Sale Price
$276,685
Median Townhouse Sale Price
$330,000
Median 2 Bedroom Sale Price
$215,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
438
Median Home Sale Price YoY Change
$2
Average Price Per Sq Ft
$167

Neighborhood Facts

Number of Homes for Sale
69
Months of Supply
1.90

Open Houses

  • Tuesday, Jun 17
    3 - 6pm

    7221 State Road 42, Martinsville, IN 46151

    $665,000

    • 5 Beds
    • 3.5 Baths
    • 4,397 Sq Ft
    • 7221 State Road 42
    • New 12 days ago

    Located 2.5 miles from I-70 and 20 minutes from Plainfield, this beautiful, maintained 5-bedroom home offers over 4,100 sq/ft of finished living space, thoughtfully designed for comfort, privacy, and entertaining. This home has 2,232 sq/ft on the main level and an equally spacious finished basement; there's room for everyone to spread out. Inside, you'll find a bright and open floor plan,

    Agent Photo
    Rene Hauck
    RE/MAX Advanced Realty
    (765) 575-7647
  • Sunday, Jun 15
    12 - 2pm

    2213 E Canterbury Ct, Martinsville, IN 46151

    $874,900

    • 3 Beds
    • 3 Baths
    • 3,672 Sq Ft
    • 2213 E Canterbury Ct
    • New 4 days ago

    Experience a stunning lakeside sanctuary in the exclusive Foxcliff Estates North golf community. This 3-bedroom, 3-full-bathroom home boasts two master suites, including a main-level retreat with a cozy fireplace, private balcony, and expansive walk-in closet. Floor-to-ceiling windows in every room frame breathtaking views of East Lake, while the kitchen shines with sleek quartz countertops and

    Gretchen Szostak DNA Properties, LLC

  • Saturday, Jun 14
    8am - 7pm

    2080 Norwich Place, Martinsville, IN 46151

    $396,000

    • 4 Beds
    • 2.5 Baths
    • 2,292 Sq Ft
    • 2080 Norwich Place

    Seller may consider buyer concessions if made in an offer. Come see this charming home now on the market! This home has Fresh Interior Paint, Partial flooring replacement in some areas. A fireplace and a soft neutral color palette create a solid blank canvas for the living area. You'll love cooking in this kitchen, complete with a spacious center island and a sleek backsplash. Relax in your

    Melissa Jenkins-Dill Opendoor Brokerage LLC

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Martinsville Has More Owners

Demographics

Total Population
11,863
Median Age
40
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
19.7%
On par with the national average
19.1%

Finances

Median Household Income
$51,476
Significantly below the national average
$71,702
Average Household Income
$61,935

Education and Workforce

High School Graduates
83%
College Graduates
12.4%
Below the national average
34.1%
Advanced Degrees
5%
Below the national average
13.3%
% Population in Labor Force
62.5%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Martinsville