$105,000
13.83 Acres
Land
Listing Office: RE/MAX DOMINION
Is Floyd County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Floyd County was a Seller's Market.
Key Takeaway
Floyd County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Floyd County, VA
How much do homes in Floyd County, VA cost?
Median Sold Price
$290,975
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,025(-7.9%)
Key Takeaway
Homes in Floyd County have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in Floyd County was $290,975 in November 2024, down 7.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $223.5K | +71.9% |
| 2 Bedrooms | $219.5K | $217K | -1.1% |
| 3 Bedrooms | $266.2K | $284.7K | +6.9% |
| 4 Bedrooms | $425K | $401.2K | -5.6% |
| 5+ Bedrooms | $525K | $440K | -16.2% |
Summary: Floyd County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.9%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 16.2%.
Median Sold Price Compared To Nearby Counties
| Franklin County | $349.9K | $359.9K | +2.9% |
| Floyd County | $316K | $290.9K | -7.9% |
Housing Supply in Floyd County, VA
How many homes are available in Floyd County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Floyd County real estate market had 31 homes for sale in November 2024, a 6.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Floyd County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Floyd County, 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 County in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Floyd County, VA
We’re sorry, we don't have information for this market at the moment
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