Ferrum, VA—24088
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$241,000
2.1% YoY Growth
Household Income
$39,900
12.2% YoY Growth
Days on Market
92
25.0% Shorter YoY
Home Price Forecast
2.5%
Median Rent
$850
4.6% YoY Growth
1-Bed Rent
$650
8.3% YoY Growth
2-Bed Rent
$850
14.5% YoY Growth
3-Bed Rent
$1,500
71.4% YoY Growth
Home Price Trends — Ferrum, VA
As of Dec '25, the median home price in Ferrum, VA is $241,000, with a year-over-year change of 2.1%. This indicates that home prices in Ferrum, VA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $241,000 | 2.1% |
| Single Family | $241,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |