Is Floyd County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Floyd County was a Seller's Market.
Housing Prices in Floyd County, VA
How much do homes in Floyd County, VA cost?
Median Sold Price
$350,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Floyd County was $350,000 in May 2024, up 32.1% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $130K | -67.5% |
2 Bedrooms | $224.5K | $189K | -15.8% |
3 Bedrooms | $239.5K | $325K | +35.7% |
4 Bedrooms | $282.9K | $435K | +53.8% |
5+ Bedrooms | $467.5K | $525K | +12.3% |
Summary: Floyd County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.5%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Counties
Floyd County | $265K | $350K | +32.1% |
Patrick County | $200K | $250K | +25.0% |
Franklin County | $319.6K | $349.9K | +9.5% |
Housing Supply in Floyd County, VA
How many homes are available in Floyd County, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Summary: The Floyd County real estate market had 39 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Floyd County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Floyd County in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Floyd County, VA
How long does it take to sell a home in Floyd County, VA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Floyd County; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.