It's known as a racing city, but now less expensive living.
A national housing research firm names one of our hometowns the cheapest place to live in Virginia.
The Council for Community and Economic Research named Martinsville one of the top ten cities in America with the lowest costs of living.
The study looked at costs of houses, food, transportation, utilities, and healthcare and found costs were considerably less compared to other cities.
Real estate employees in Martinsville says the news isn't surprising because housing prices are normally low.
"We just never really had a huge appreciation like a lot of other places, so we really never had a lot of depreciation. We have always had a very slow and stead appreciation in our housing market here," said Beverley Coleman, a Multi-Million Dollar Producer with Rives S. Brown Real Estate in Martinsville.
Martinsville joins cities in Texas, Colorado, Oklahoma, and Arkansas in the top ten cheap hometowns.
