Is Floyd County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Floyd County was a Seller's Market.
Key Takeaway
Floyd County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Floyd County, VA
How much do homes in Floyd County, VA cost?
Median Sold Price
$350,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Floyd County have sold for 34.6% more than they did a year ago.
Summary: The median home sold price in Floyd County was $350,000 in April 2024, up 34.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $130K | -67.5% |
| 2 Bedrooms | $229K | $189K | -17.5% |
| 3 Bedrooms | $239.5K | $325K | +35.7% |
| 4 Bedrooms | $282.9K | $445K | +57.3% |
| 5+ Bedrooms | $350K | $599K | +71.1% |
Summary: Floyd County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.5%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 57.3%, and 5+ bedroom homes increased by 71.1%.
Median Sold Price Compared To Nearby Counties
| Floyd County | $260K | $350K | +34.6% |
| Franklin County | $315K | $349.4K | +10.9% |
Housing Supply in Floyd County, VA
How many homes are available in Floyd County, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 36 | -12.2% |
Summary: The Floyd County real estate market had 36 homes for sale in April 2024, a 12.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Floyd County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 2 | -80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Floyd County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Floyd County in April 2024, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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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