Real Estate Investing in Martinsville, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,629 • Clark County

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Should you buy in Martinsville, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • Declining values: -0.1% 5-year CAGR — values have moved lower.
  • Elevated vacancy: 11.6% vacancy may signal weakening demand.

What’s happening in Martinsville, IL?

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3.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $122,569
Avg Monthly Rent $927
ZIP Codes 1

Investing in Martinsville Real Estate

Martinsville (Illinois) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Martinsville, IL should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

clearly Martinsville's sale market has not rewarded patience. a harder case for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

A an established population with $N/AK household income profile is what makes Martinsville a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Martinsville, IL. Anonymous, moderated, never written by AI.

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Avg Home Value
$122,569
Avg Monthly Rent
$927
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Martinsville, IL

Screen every ZIP in Martinsville

Filter Martinsville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Martinsville, IL

What do landlords charge for rent in Martinsville, IL?

Investors in Martinsville, IL typically see rents near $927/mo per month against $123K home values - a solid setup for rental cash flow.

Are landlord laws favorable in Martinsville, IL?

Martinsville, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How strong is Martinsville, IL for real estate investors?

Investors tracking Martinsville, IL will find a 3.0/5 rating supported by $123K median home values and $927/mo rents. That profile suits long-term holders targeting consistent returns.

Does a duplex house hack pencil in Martinsville, IL?

House hacking in Martinsville, IL is reasonable to execute. Prices around $123K and rents of $927/mo solid owner-occupant economics.

Is vacancy a concern in Martinsville, IL?

Martinsville, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

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