Floyd, VA 24091 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Floyd, VA—24091

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$289,000

1.8% YoY Growth

Household Income

$60,100

23.9% YoY Growth

Days on Market

44.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$750

N/A

1-Bed Rent

$750

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Floyd, VA

Floyd, VA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$289,000	1.8%
Single Family	$289,000	4.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Floyd, VA

Floyd, VA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$750	$750
Studio Rent	N/A	N/A
1 Bed Rent	$750	$750
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.8%

1 Bedroom

8.4%

2 Bedrooms

55.0%

3 Bedrooms

27.5%

4 Bedrooms

4.7%

5+ Bedrooms

2.6%

Property Listings — Floyd, VA

As of Dec '25, Realtor.com reports that the median days on market for a home in Floyd, VA is 45. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$675,000	83.0%
Listing Count	24	26.0%
Listings as % of Homes	0.3%	26.0%
Days on Market	59	-44.0%

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Demographics — Floyd, VA

As of the latest ACS Survey released in 2023, Floyd, VA has a population of 7,310, which has decreased by -3.4% over the past 5 years. Floyd, VA is a moderately popular place for families, as children make up 16.2% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,310	-3.4%
% Under 18	16.2%	-20.6%
% Seniors	26.5%	11.8%
% WFH	11.0%	80.3%
% w/ College Degree	26.4%	9.5%

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As of the latest ACS Survey released in 2023, Floyd, VA is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Floyd, VA is hispanic, making up 4.8% of the population. Foreign-born residents account for 2.7% of the population in Floyd, VA, and this percentage has increased by 3.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	89.6%	-4.3%
% Black	3.9%	95.0%
% Hispanic	4.8%	60.0%
% Asian	0.3%	∞%
% Foreign Born	2.7%	3.8%

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Mortgage and Risk — Floyd, VA

According to HUD data as of 2023, there were 84 mortgage originations in Floyd, VA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Floyd, VA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	84
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Floyd, VA

Floyd, VA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	2.8%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$40	$750	$710
2 Bedroom	N/A	N/A	$920
3 Bedroom	N/A	N/A	$1,160
4 Bedroom	N/A	N/A	$1,250

Floyd, VA—24091

Key Metrics at a Glance

Home Price Trends — Floyd, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Floyd, VA

% of Rental Stock

Property Listings — Floyd, VA

Demographics — Floyd, VA

Race and Ethnicity

Mortgage and Risk — Floyd, VA

Mortgages

Rentals and Section 8 — Floyd, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Floyd, VA

Home Price to Income Ratio

Floyd, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Riner, VA

Riner, VA

Copper Hill, VA

Shawsville, VA

Christiansburg, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$289,000
Median Household Income	$60,100

Floyd, VA—24091

Key Metrics at a Glance

Home Price Trends — Floyd, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Floyd, VA

% of Rental Stock

Property Listings — Floyd, VA

Demographics — Floyd, VA

Race and Ethnicity

Mortgage and Risk — Floyd, VA

Mortgages

Rentals and Section 8 — Floyd, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Floyd, VA

Home Price to Income Ratio

Floyd, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Riner, VA

Riner, VA

Copper Hill, VA

Shawsville, VA

Christiansburg, VA

Frequently Asked Questions

What is the average home price in Floyd, VA 24091?

How have home prices in Floyd, VA 24091 changed over the past year?

What is the home price projection for Floyd, VA 24091?

What are the demographics of Floyd, VA 24091?

How long does it take homes to sell in Floyd, VA 24091?

What is the average rent price in Floyd, VA 24091?