Floyd, VA Foreclosures
How much do homes sell for in Floyd, VA?
The average home price is currently $311,986.
What’s the average rental cost in Floyd, VA?
The average rental price in Floyd is $1,218.
What is the most expensive home in Floyd?
The most expensive home sold in Floyd had a price of $1,758,700.
What is currently the cheapest priced home in Floyd, VA?
The cheapest home for sale in Floyd is priced at $19,808.
Living in Floyd, VA
Floyd, VA, is a charming small town nestled in the Blue Ridge Mountains, known for its vibrant arts scene and a strong sense of community. The area boasts stunning natural beauty, with plenty of outdoor opportunities for hiking and experiencing the breathtaking mountain landscape. Residents enjoy a mix of rural and suburban life with access to local shops, restaurants, and cultural events such as the Floyd Country Store, which hosts live music and dances.
Current Market Conditions in Floyd, VA
The real estate market in Floyd, VA is characterized by its stability and growth potential. Over the past year, home prices have shown a steady increase, driven by the area's appealing lifestyle and natural beauty attracting new residents and investors. The demand for homes has been bolstered by the rise in remote work, as many individuals and families are seeking peaceful locations outside of urban centers, and Floyd fits the bill perfectly.
In recent months, the market has continued to thrive, with new construction and renovations seeing a rise in property values. Properties listed in Floyd typically draw interest rapidly, indicating a healthy market with buyers eager to invest in this charming locale. The trend towards sustainable living and appreciation for local artisan crafts further enhances the attractiveness of investing in Floyd real estate.
Home Value Estimator For Floyd, VA
There are currently 2,321 real estate properties
in Floyd, VA,
with a median automated valuation model (AVM) price
of $287,654.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Floyd, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Floyd, VA,
is $311,986.00, with the most expensive house
in Floyd, VA, topping out
at $1,758,700.00 and the cheapest home
in Floyd, VA,
clocking in at $19,808.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Floyd, VA!
Rent Prices
In Floyd, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Floyd, VA, is on
a rollercoaster ride. The
average rent price in Floyd, VA,
is $1,218.00. Indeed, when looking to rent in
Floyd, VA, you can expect to pay as little
as $570.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Floyd, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
