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VA area data

Ferrum, VA

Ferrum, VA.

Population: 5,017 (Census ACS)

Home values & appreciation

Median home value
$259,594
1-year appreciation
+4.2%
3-year appreciation
+19.8%
5-year appreciation
+34.4%
10-year appreciation
+99.4%
All-time peak (2026-07)
$259,594
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$255,000
Median list price
$307,200
Median days on market
25 days
Sale-to-list ratio
95.5%
Active listings
13
1-year forecast
+3.0%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$1,335/mo
3BR fair-market rent
$1,735/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Very Low
FEMA flood zone
A05
Flood risk level
High

Climate (30-year normals)

Annual precipitation
55.8 in

Walkability & transit

Walkability index
4.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Booker T Washington National Monument (25 mi)
Nearest airport
Bush Airport (9 mi)
Nearest major airport
Roanoke–Blacksburg Regional Airport (ROA) (31 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+7 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$795
Mean commute to work
30 min
Households with broadband internet
55.8%

Employment & development

Total county employment
3,154
Average weekly wage
$730
Top industries (by employment)
Finance & Insurance, Administrative Services, Other Services
Annual residential building permits (county)
167

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents