Ferrum Real Estate
The median home value in Ferrum, VA is $300,000. This is higher than the county median home value of $181,400. The national median home value is $219,700. The average price of homes sold in Ferrum, VA is $300,000. Approximately 56.24% of Ferrum homes are owned, compared to 19.17% rented, while 24.59% 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 has a population of 2,235. Ferrum is more family-centric than the surrounding county with 38.12% of the households containing married families with children. The county average for households married with children is 26.23%.
The median household income in Ferrum, Virginia is $45,409. The median household income for the surrounding county is $51,208 compared to the national median of $57,652. The median age of people living in Ferrum is 21.2 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 15.7 inches of snow per year.