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Residential (General/Single)Residential
$108,046$9 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 73How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

242 FRANKLIN ST

MARTINSVILLE, VA 24112
0
Baths
11,700 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.74 ac
Lot SizeThe size of the land the home sits on, from county records.
1958
Year BuiltThe year the home was originally built, according to county records.

Valuation

$108K
$79K low$137K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,037 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$137,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$49,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$88,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$137,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$137,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.46
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
82
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
76
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
67
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyMartinsville City
Lot (acres)The size of the land the home sits on, from county records.0.74

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Martinsville Middle SchoolC
Middle · Grades 6–8 · 0.5 mi
H
Martinsville High SchoolC
High · Grades 9–12 · 0.6 mi
E
Albert Harris Elementary SchoolD
Elementary · Grades KG–5 · 0.8 mi

District: Martinsville City Public Schools

Neighborhood · ZIP 24112These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.54

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.30,634
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.200 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$48,767
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$63,907
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 Franklin St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the lowest price per square foot in Martinsville 24112
  • Among the largest homes in Martinsville 24112
  • Has a bigger lot than 90% of homes in Martinsville city County

What homes are worth in Martinsville 24112

Each bar is how many homes fall in that price range. The marker is this home.

This home
$26K$451K

This home is worth more than 46% of homes in Martinsville 24112.

How it measures up in Martinsville 24112

The dot is this home. The mark in the middle is the typical home in Martinsville 24112.

Estimated value$108,046
CheaperTypical $115,984Pricier

Pricier than 46% of homes nearby

Price per ft²$9
CheaperTypical $91Pricier

Cheaper than almost all homes nearby

Living area11,700 ft²
SmallerTypical 1,276 ft²Bigger

Bigger than almost all homes nearby

Lot size0.74 ac
SmallerTypical 0.49 acBigger

Bigger than 65% of homes nearby

Year built1958
OlderTypical 1963Newer

Newer than 42% of homes nearby

How 242 Franklin St ranks against every home in each area.
MeasureThis homeMartinsville 24112Martinsville city County
Estimated valuepricier than$108,04646% of homes54% of homes
Price per ft²pricier than$9almost no homesalmost no homes
Living areabigger than11,700 ft²almost all homesalmost all homes
Lot sizebigger than0.74 ac65% of homes90% of homes
Year builtnewer than195842% of homes59% of homes

About 242 Franklin St

How much is 242 Franklin St, Martinsville, VA worth?

The TopHap Estimate for 242 Franklin St, Martinsville, VA is $108,046 as of Sep 24, 2026. The likely range is $78,796 to $137,296. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Franklin St, Martinsville, VA last sell?

242 Franklin St, Martinsville, VA last sold on Jun 21, 2024, according to the county's recorded deed.

How big is 242 Franklin St, Martinsville, VA?

242 Franklin St, Martinsville, VA has 11,700 square feet of living space and a 0.74-acre lot.

When was 242 Franklin St, Martinsville, VA built?

242 Franklin St, Martinsville, VA was built in 1958, making it 68 years old.

What schools serve 242 Franklin St, Martinsville, VA?

242 Franklin St, Martinsville, VA is assigned to Martinsville Middle School (middle), rated C; Martinsville High School (high), rated C; Albert Harris Elementary School (elementary), rated D. All sit in Martinsville City Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Franklin St, Martinsville, VA compare to other homes in Martinsville 24112?

Among the 13,261 homes in Martinsville 24112, it is worth more than 46% of them ($108,046 against a typical $115,984), its price per square foot is higher than almost none of them ($9 against a typical $91), it is bigger than almost all of them (11,700 ft² against a typical 1,276 ft²), its lot is bigger than 65% of them (0.74 ac against a typical 0.49 ac) and it is newer than 42% of them (1958 against a typical 1963). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 Franklin St, Martinsville, VA?

The 2025 property tax bill for 242 Franklin St, Martinsville, VA was $1,037. The county assessed it at $137,700.

More homes on Franklin St

Closest homes

More homes in Martinsville 24112

Assigned schools

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