The median home value in Ferrum, VA is $204,600. This is lower than the county median home value of $283,700. The national median home value is $338,100. The average price of homes sold in Ferrum, VA is $204,600. Approximately 44.8% of Ferrum homes are owned, compared to 32.26% rented, while 22.94% are vacant. Ferrum real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ferrum real estate agent to arrange a tour today!
Ferrum, Virginia 24088 has a population of 1,832. Ferrum 24088 is more family-centric than the surrounding county with 39.25% of the households containing married families with children. The county average for households married with children is 25.88%.
The median household income in Ferrum, Virginia 24088 is $35,726. The median household income for the surrounding county is $59,667 compared to the national median of $69,021. The median age of people living in Ferrum 24088 is 21.6 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 48.3 inches per year, with 10.1 inches of snow per year.