Housing in Ferrum, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$288,000

Median List Price

N/A

Price Per Sq Ft

$76

Days on Market

62

Active Inventory

2

Months of Supply

2.0

Seller's market

Zillow Home Value

$245,024

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 26.9%List Price 111.8%Apr 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
50.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 100.0%Pending 50.0%Apr 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$76

Sale $/SF 45.7%List $/SF 38.7%Apr 24Dec 25

Ferrum vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Ferrum is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$202,500

Median Rent

$662

Total Housing Units

436

Vacancy Rate

22.3%

Owner Occupied

64.9%

Renter Occupied

35.1%

Median Property Tax

$932

per year

Monthly Cost (w/ Mortgage)

$1,083

Housing Types

Single Family
66.3%
Multi-Family
17.4%
Mobile Home
16.3%

The current median sale price in Ferrum, VA is $288,000 according to Redfin data. Homes spend a median of 62 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $76. The median rent is $662 per month (Census ACS). About 64.9% of housing units are owner-occupied. The median year homes were built is 1984. There are 436 total housing units.