SIALIMStatistical Intelligence for America's Local Investment Markets

24112 — Martinsville, VA Home Values

Typical home value $132,379 as of August 2026 · 5th of 7 in Martinsville, VA

Typical value — August 2026
$132,379
observed, not a forecast
Past 12 months
-4.3%
trailing year-over-year change
Past 5 years
+25.4%
August 2021 to August 2026
Rank in metro
5th
of 7 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 24112, August 2021 to August 2026. This page shows observed data only; no forecast.

How 24112 compares in the Martinsville, VA area

ZIP code 24112 (Martinsville, VA) has a typical home value of $132,379 as of August 2026, ranking 5th of 7 ZIP codes tracked in the Martinsville, VA area, more expensive than about 43% of ZIP codes in the metro. Prices here have moved -4.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.4%, from $105,565 in August 2021 to $132,379 in August 2026. Against observed rent, the typical home here sells for 12.2× the annual rent ($902/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Martinsville, VA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Martinsville.

Population and demographics

ZIP code 24112 has a population of 30,862, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 50.6% White, 38.3% Black or African American, 6.6% Hispanic or Latino, 2.7% two or more races, 0.9% Asian, 0.6% another race, and 0.3% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Clearview Early Learning Center800 Ainsley Street, Martinsville, VA1.6 mi
Piedmont Governor's School1425 Greensboro Road, Martinsville, VA1.8 mi
Martinsville High351 Commonwealth Blvd, Martinsville, VA2 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 24112?

$132,379 as of August 2026, the latest month Zillow has published observed data for.

Is 24112 an expensive ZIP code in the Martinsville, VA area?

24112 ranks 5th of 7 ZIP codes in the Martinsville, VA area by typical home value, more expensive than about 43% of ZIP codes in the metro.

How much have home values in 24112 changed over the past year?

-4.3% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 24112?

The typical home price is 12.2× the observed annual rent in this ZIP code ($902/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 24112?

30,862, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 24112?

Clearview Early Learning Center (1.6 mi), Piedmont Governor's School (1.8 mi), Martinsville High (2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 24112?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Martinsville, VA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.