$3,681 Closing Credit*
$310,000
1,796 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Is Floyd, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Floyd has remained a Seller's Market.
Key Takeaway
Floyd is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Floyd, VA
How much do homes in Floyd, VA cost?
Median Sold Price
$335,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-4.3%)
Key Takeaway
Homes in Floyd have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Floyd was $335,000 in October 2024, down 4.3% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $233K | -12.1% |
| 2 Bedrooms | $200K | $217K | +8.5% |
| 3 Bedrooms | $270K | $335K | +24.1% |
| 4 Bedrooms | $396.5K | $550K | +38.7% |
| 5+ Bedrooms | $525K | $387K | -26.3% |
Summary: Floyd housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes decreased by 26.3%.
Housing Supply in Floyd, VA
How many homes are available in Floyd, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Floyd real estate market had 23 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Floyd housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Floyd, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Floyd in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Floyd, VA
We’re sorry, we don't have information for this market at the moment
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