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Ferrum, VA Real Estate

Ferrum, Virginia is located in Franklin County. Nearby cities and towns include Henry Fork, Rocky Mount, Oak Level, Bassett, Stanleytown, Boones Mill, Collinsville, Fieldale, Floyd, Villa Heights, Martinsville, Union Hall, Cave Spring, Horse Pasture, Laurel Park, Shawsville, Chatmoss, Penhook, Westlake Corner, North Shore, Elliston, Patrick Springs, Lafayette, Roanoke, Stuart, Glenvar, Salem, and Vinton. Ferrum is a rural community with a population of 2,076. The median household income is $45,232. In Ferrum, 52% of residents are married, and families with children reside in 32% of the households. Half the population of Ferrum commutes 21 minutes or less to work, with 70% of residents holding white collar jobs and 30% residents holding blue collar jobs. The median age of homes in Ferrum, VA is 25 years, with 57% of those homes owned, 17% rented, and 26% not occupied. In the previous year, 4 Ferrum properties were sold. The median sale price of a home in Ferrum in the previous year was $128,175.

Ferrum, VA Real Estate Listings

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About Schools in Ferrum, VA

Ferrum offers a range of educational opportunities with one elementary school.

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Ferrum, VA Local Market & Demographic Data

Married vs. single

Ferrum, VA
  • 48% Single
  • 52% Married
Virginia
  • 49% Single
  • 51% Married

Male VS. Female

Ferrum, VA
  • 50% Female
  • 50% Male
Virginia
  • 51% Female
  • 49% Male

Average Age of Citizens in Ferrum, VA

  • 35
  • 38
  • Ferrum, VA
  • Virginia

Average Age of Homes in Ferrum, VA

  • 25
  • 25
  • Ferrum, VA
  • Virginia

Vacant Homes in Ferrum, VA

  • 26%
  • 8%
  • Ferrum, VA
  • Virginia

Average INCOME of Citizens

  • $53,321
  • $84,217
  • Ferrum, VA
  • Virginia

Owned Homes vs. Rented Homes

Ferrum, VA
  • 57% Owned
  • 17% Rented
Virginia
  • 60% Owned
  • 32% Rented