Martinsville city, VA: 24 findings, 1 at an alert level, 4 at a watch level and 19 noted
24 findings fired for Martinsville city, VA this run, against a typical home value of $110,817 in September 2026 and covered employment of 8,633 in 2026 Q1. 12 further findings are not listed here.
Rules version 1. Assembled 2026-10-20. Back to Martinsville city, VA.
12 findings #
alertMartinsville city, VA's typical home value is -5.9% against a year earlier, an alert level here: typical home value at least 5 percent below a year ago (arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-09.Show the arithmetic
- test: home.yoyPct = -5.915506443990136 <= -5
arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level
watchMartinsville city, VA's typical home value is -5.9% against a year earlier, a watch level here: typical home value below a year ago (arithmetic on Zillow ZHVI, county and metro files; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-09.Show the arithmetic
- test: home.yoyPct = -5.915506443990136 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
watchMartinsville city, VA's average weekly wage is -3.1% against a year earlier, a watch level here: average weekly wage below the same quarter a year earlier, before inflation (BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.avgWeeklyWage = -3.1 < 0
BLS QCEW over-the-year percent change, as published, nominal dollars; convention chosen for this dashboard, not an official level
watchMartinsville city, VA's covered employment is -2.2% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -2.2 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchMartinsville city, VA's momentum index is -0.62, a watch level here: momentum index in the cooling band (the cooling band of the momentum index computed here, score at or below -0.25; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-09.Show the arithmetic
- test: momentum = -0.6195668941016127 <= -0.25
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
the cooling band of the momentum index computed here, score at or below -0.25; convention chosen for this dashboard, not an official level
noteMartinsville city, VA's average weekly wage was 3.1% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -3.1 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteMartinsville city, VA's covered employment was 2.2% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -2.2 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteMartinsville city, VA's typical asking rent rose 1.4% from $945 in August 2026 to $958 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- +1.4% = (957.5 - 944.5482542559467) / 944.5482542559467 × 100
- 957.5 = Zillow ZORI, 2026-09
- 944.5482542559467 = Zillow ZORI, 2026-08
noteMartinsville city, VA's typical home value fell 0.9% from $111,871 in August 2026 to $110,817 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- -0.9% = (110816.533555132 - 111871.47607336049) / 111871.47607336049 × 100
- 110816.533555132 = Zillow ZHVI, 2026-09
- 111871.47607336049 = Zillow ZHVI, 2026-08
noteMartinsville city, VA's typical home value of -5.9% ranks 133rd of 133 Virginia counties, against a median of +2.8%.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 133 Virginia counties that published home.yoyPct
position among the entities that published this metric this period; not an official level
noteMartinsville city, VA's momentum index of -0.62 ranks 133rd of 133 Virginia counties, against a median of 0.25.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 133 Virginia counties that published momentum
- momentum = Σ wᵢ · clip(changeᵢ / scaleᵢ, −1, 1) / Σ wᵢ over the terms present; weights and scales: home value 1-yr change 0.3 (±10%), rent 1-yr change 0.15 (±10%), jobs over-the-year change 0.3 (±3%), avg weekly wage over-the-year change 0.25 (±6%)
position among the entities that published this metric this period; not an official level
noteMartinsville city, VA's price-to-rent ratio of 9.6 ranks 71st of 71 Virginia counties, against a median of 17.7.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 71 Virginia counties that published priceToRent
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
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