Is Martinsville, IL 62442 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Martinsville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Martinsville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Clark County, IL

Population	2,671
Median income	$70,284
Average income	$87,128
Median home value	$87,200
Median rent	$635/month
Owner-occupied	83% of homes
Median year built	1963
Walkability	5.6 of 20Least walkable

Natural hazard riskEarthquakes (moderate), extreme heat (moderate), tornadoes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 62442; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 62442

Prefilled for 62442Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62442Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Casey 62420Balanced $124 /sq ft Dennison 62423 — /sq ft Marshall 62441Seller’s market $147 /sq ft West Union 62477Seller’s market $59 /sq ft Browse all markets →

Towns like Martinsville nearby

Find towns like Martinsville in other states →

Palestine, IL62451 · 26 miles away90% similar5 min shorter commute Toledo, IL62468 · 20 miles away89% similarpricier homes ($36K more) Chrisman, IL61924 · 35 miles away89% similarVery close on income, prices and more Kansas, IL61933 · 17 miles away85% similarsmaller · older homes

Where Martinsville is

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Questions about Martinsville real estate

What are property taxes in Martinsville?

About 1.56% of a home’s value a year in Clark County, or roughly $6,240 on a $400,000 home.

Local agents

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More tools for 62442

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Clark County property taxes Clark County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology