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Penny Elliott

Penny Elliott
Real Estate Agent (Salesperson)
Martinsville VA

Salesperson (VA: 105744)

21 years experience

REALTOR® 11 Active Listings Serves Martinsville City County, VA
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Contact Information

Brokerage
Adams Realty Inc

Office Website
Office Address
22 Oakview Dr
Martinsville, VA  24112
(Martinsville City County)
Office Phone
276-647-5277
Office Fax
Mobile
276-638-5222
Email
penn*@**********************.com
Show Email for $5

Service Areas

Ararat: VA Meadows Of Dan: VA Patrick: VA Carroll: VA Chatmoss: VA Sandy Level: VA Axton: VA Oak Level: VA Stanleytown: VA Collinsville: VA Bassett: VA Callaway: VA Cascade: VA Critz: VA Fieldale: VA Smith Mountain Lake: VA Glade Hill: VA Redwood: VA Westlake Corner: VA Hardy: VA Montgomery: VA Henry: VA Martinsville: VA Laurel Park: VA Villa Heights: VA Horse Pasture: VA North Shore: VA Moneta: VA Patrick Springs: VA Penhook: VA Pittsylvania: VA Pittsville: VA Ridgeway: VA Rocky Mount: VA Henry Fork: VA Spencer: VA Stuart: VA Union Hall: VA Woolwine: VA Bedford: VA Chatham: VA Mount Hermon: VA Danville: VA Blairs: VA Dry Fork: VA Forest: VA Timberlake: VA Ringgold: VA

About Penny Elliott

Penny Elliott brings a decade of experience in the real estate sector, specializing in meeting the diverse needs of both buyers and sellers. With a commitment to professionalism, she strives to understand and fulfill her clients' requirements, whether they are seeking a new home, a business opportunity, or land for development. Penny is dedicated to providing comprehensive support throughout the entire transaction process, ensuring a seamless experience from start to finish. Additionally, she can connect clients with reliable lending services. Known for her integrity and dependability, Penny takes pride in her strong reputation within the industry.

Martinsville City County, VA Real Estate Market Analysis (Single Family Homes)

$206,116
Avg. Listing Price
From Penny's portfolio
3.1 / 2.0
Avg. Beds/Baths
Typical property size
1,732 sf
Avg. Square Footage
Interior living space
161
Active Listings
Current inventory

Martinsville City County, Virginia's real estate market operates within a unique geographic and economic landscape that reflects both the region's industrial heritage and its evolving residential patterns. With 62 total actively licensed agents serving the area, this market maintains a concentrated professional network where agents develop deep local expertise and strong community connections. The relatively compact agent population creates an environment where market knowledge spreads quickly and relationships between professionals remain particularly important for successful transactions.

What makes Martinsville's market especially interesting is how its 62 licensed agents—all of whom maintain current email contact information—serve a community that has undergone significant economic transformation over recent decades. The transition from manufacturing-dependent economy to more diversified economic base has created distinct property value patterns and buyer demographics that require specialized local knowledge to navigate effectively.

Major Martinsville City County, Virginia Real Estate Markets

The Martinsville metropolitan area encompasses several distinct neighborhoods and surrounding communities, each with unique characteristics that influence property values and buyer preferences. Downtown Martinsville features a mix of historic properties and revitalization projects, while areas like Collinsville and the Fairy Stone Park region offer different lifestyle appeals ranging from suburban convenience to recreational property opportunities.

Regional market dynamics extend beyond the city limits to include Henry County communities that share economic and demographic ties with Martinsville proper. This broader regional approach is essential for understanding migration patterns, commuter preferences, and the relationship between residential choices and employment centers throughout the area.

Market Dynamics and Geographic Complexity

Martinsville's real estate market exhibits fascinating complexity despite its relatively small size, with property values and sales velocity varying significantly between established residential areas and newer developments. The market has shown resilience through economic transitions, with certain neighborhoods experiencing surprising appreciation while others remain attractively affordable for first-time homebuyers and investors.

Geographic factors play an outsized role in local market dynamics, as proximity to recreational areas, school districts, and transportation corridors creates distinct micro-markets within the broader Martinsville area. These geographic nuances mean that successful market analysis requires understanding not just county-wide trends, but the specific factors that drive value in each neighborhood and community sector.

Why Businesses Need Martinsville City County, Virginia Agent Contact Data

Companies serving the real estate industry find Martinsville's concentrated agent network particularly valuable for targeted marketing and relationship building. With all 62 active agents maintaining current email addresses, businesses can achieve comprehensive market penetration with relatively focused outreach efforts, making this market especially efficient for service providers, lenders, and technology companies seeking to establish local partnerships.

The tight-knit nature of Martinsville's real estate community means that agent contact data becomes even more valuable for businesses looking to build long-term market presence. Success in this market often depends on personal relationships and local reputation, making direct communication with agents essential for companies offering everything from mortgage services to property management software and continuing education programs.

Current Property Listings

As of 2/17/2026, Penny Elliott has 11 properties for sale in Martinsville and surrounding areas. These are the top 10 listings.

$18,000

Listed 2023-07-17

1018 E Church St
Martinsville, VA  24112

Beds:
Baths:
Sq Ft:
Lot: 30,666 sf
Land Map
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$209,900

Listed 2026-01-02

370 Tanglewood Dr
Martinsville, VA  24112

Beds: 3.0
Baths: 1.5
Sq Ft: 1,425
Lot: 23,871 sf
Single Family Map
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$259,900

Listed 2026-01-02

300 Oxford Dr
Martinsville, VA  24112

Beds: 3.0
Baths: 2.5
Sq Ft: 1,804
Lot: 26,572 sf
Single Family Map
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$5,000

Listed 2026-01-02

Blankenship Rd
Martinsville, VA  24112

Beds:
Baths:
Sq Ft:
Lot: 10,454 sf
Land Map
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$189,900

Listed 2026-01-09

179 Meadowbrook Ln
Martinsville, VA  24112

Beds: 3.0
Baths: 1.0
Sq Ft: 1,320
Lot: 22,521 sf
Single Family Map
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$369,900

Listed 2026-01-09

95 Turner Ashby Ct
Martinsville, VA  24112

Beds: 3.0
Baths: 3.0
Sq Ft: 4,000
Lot: 26,572 sf
Single Family Map
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$125,000

Listed 2026-01-12

275 Southland Dr
Martinsville, VA  24112

Beds: 3.0
Baths: 1.0
Sq Ft: 960
Lot: 12,197 sf
Single Family Map
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$8,000

Listed 2026-01-08

Patricia Dr
Martinsville, VA  24112

Beds:
Baths:
Sq Ft:
Lot: 30,583 sf
Land Map
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$149,900

Listed 2026-01-18

113 Cedar St
Bassett, VA  24055

Beds: 3.0
Baths: 2.0
Sq Ft: 1,092
Lot: 11,326 sf
Single Family Map
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$390,000

Listed 2026-01-12

6097 Stones Dairy Rd
Bassett, VA  24055

Beds: 3.0
Baths: 2.0
Sq Ft: 2,853
Lot: 397,267 sf
Single Family Map
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Current Property Rentals

Penny Elliott currently has no rental properties available in Martinsville and surrounding areas. Check back later.