Market Summary

Martinsville, Somerset County, NJ

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Median Home Price Price

$844,729 $844.7K

Median Monthly Rent Rent

$2,806 $2.8K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Somerset County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Somerset County

Region Price Rent GRM Display
$727,168 $2,287 26.0x
$679,786 $2,520 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$648,851 $2,836 19.0x
$805,070 $2,843 24.0x
$1,071,786 $2,648 34.0x
$991,524 $1,894 44.0x
$820,498 $1,722 40.0x
$586,708 $1,771 28.0x
$863,733 $1,705 42.0x
$1,475,372 $2,800 44.0x
$804,289 $2,657 25.0x
$694,082 $1,695 34.0x
$813,307 $2,490 27.0x
$687,256 $1,709 34.0x
$1,307,312 $3,055 36.0x
$905,800 $2,943 25.0x
$464,193 $1,462 26.0x
$853,867 $1,655 43.0x
$487,104 $1,646 25.0x
$645,033 $1,976 27.0x
$822,003 $2,142 32.0x
$501,950 $1,945 22.0x
$1,654,592 $2,910 48.0x
$626,588 $2,537 21.0x
$1,223,747 $2,944 35.0x
$655,637 $2,384 23.0x

Home prices

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Monthly rent

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GRM

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Martinsville

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Trend Insights

Median Rent in Martinsville, NJ is $2,806, with MoM change +$30 and YoY change +$252 pointing to positive momentum while volatility is low (std $65).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Martinsville, NJ.

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Metric
Base market Martinsville, NJ
Compare market Select a market
Delta vs base
Median rent
$2,806
N/A
Median price
$844,729
N/A
YoY change
+$252
N/A
Price-to-rent
25.1x
Data unavailable
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