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Ferrum

Ferrum

Located in Franklin County

Bucolic Southwest Virginia community blends college town and rural feel

An idyllic town carved out among the peaks and valleys of the Blue Ridge Mountains, Ferrum is anchored by its Appalachian roots and prides itself on a diverse community centered around Ferrum College. “Ferrum is a mixture of college town with a really rural feel,” says local Realtor Brenda Bratt of Wainwright & Co. Realtors, adding that the town maintains a distinct identity apart from Ferrum College. “Ferrum isn’t a destination, but it has its draws like the college, museum and festivals,” she says, noting that people drive through Ferrum to get to nearby places like Floyd or Smith Mountain Lake. “And while the college is one of the main pulls, most people move to Ferrum because they want to be in the country.” While the town has a smaller footprint than neighboring towns and counties, Ferrum brims with cultural happenings. The Blue Ridge Institute and Museum preserves Appalachian folklore, and the Blue Ridge Folklife Festival has celebrated the region’s traditions for over 50 years. “Overall, the vibe is starting to feel more organic, with flea markets and farmers markets centered around a small-town feel,” Bratt says.

Log cabins and traditional homes on spacious acreage

Ferrum’s rural setting is speckled with residences characterized by a range of vernacular architecture. Bratt says log homes are the most common and most desirable for their larger acreage. Other architectural styles include small cottages, Cape Cods and bi-levels, while more spacious residences feature expansive ranches and farmhouse-inspired builds. Properties tend to have less acreage the closer they are to the downtown area, and lots grow as the town expands outward. “Some people want to be really far out with privacy and more land, while others want to be closer to the town center and college,” Bratt says. Most real estate prices hover between $150,000 and $400,000, though smaller homes and fixer-uppers may list for as little as $92,500 and larger properties can fetch up to $685,000. Prices can go even higher, as multi-million-dollar outliers include established farms and plantations situated on over 100 acres. Parcels of land, ranging from 2 acres to over 200, are also available for purchase.

Education in Franklin County Public School District

Young scholars may start their education within Franklin County Public Schools; Niche gives the district a B-plus-rating. Serving prekindergarten to fifth grade, Ferrum Elementary School is in town and earns a B. Kids may continue to Benjamin Franklin Middle School and Franklin County High School, both of which receive B-plus grades. Home of the Eagles, the high school offers a range of athletic programs and is known for its strong Career and Technical Education program.



Centrally located, Ferrum College remains a significant draw to the town. Rated a C-plus by Niche, the private liberal arts college is known for its small class sizes and emphasis on experiential learning. The school boasts one of the first environmental science programs in the country and offers free tuition to qualifying in-state students.

Philpot Lake is an outdoor recreation destination

The natural surroundings offer abundant recreation for Ferrum residents. Bratt says the nearby Philpot Lake is a major local attraction. “Salthouse Branch is the popular beach for swimming, fishing and loads of watersports,” she says, adding that the lake is peppered with different parks and recreation points. Marinas and boat ramps around the lake offer access for boaters and paddlers to launch their vessels, while lakeside trails offer a scenic view of the water. Bratt says locals also venture to the parks and other outdoor recreation venues in Rocky Mount and along Smith Mountain Lake. Closer to home, Waid Recreation Park offers soccer fields, a disc golf course and a boat ramp that launches into the Pigg River, which flows through Ferrum.

Folklife is celebrated during annual and weekly events

The town fuses its college presence with its community through the Blue Ridge Folklife Fest, a day-long celebration of the region’s deep-rooted traditions. Occurring every October, the fest is hosted by the Blue Ridge Institute and Museum of Ferrum College, which serves as the official State Center for Blue Ridge Folklore and features a variety of exhibits and living history events showcasing the area’s heritage. The Folklife Fest consists of live local music and performances, craft and food vendors, an antique tractor show and various contests like mule jumping. Weekly events, including flea markets and farmers markets, keep locals engaged in the community.

Mom-and-pop stalwarts, nearby groceries in Rocky Mount

Though the town center is small, many of the local establishments give Ferrum character. “Ferrum has a small downtown area, but we have a few mom-and-pop shops that have become staples,” Bratt says, adding that Seventy-Seven Restaurant is a community stalwart. “It’s been there forever.” The diner serves American favorites like burgers, hot dogs and subs in an unfussy location off Timber Line Road. Other eateries include Jose’s Mexican Grill and a Dairy Queen. Residents can find necessities at Dollar General, but Bratt says most other shopping and dining requires a trip to nearby Rocky Mount, about 10 miles away, where shoppers will find a Kroger, Food Lion and Walmart.

One road in and out

State Route 40, or Franklin Street, is Ferrum’s main thoroughfare. “There is one road in and one road out,” Bratt says. The route connects residents to Rocky Mount to the east and down to Route 8 in the south, further linking drivers to small-town gems like Floyd and Stuart. Roanoke is about 34 miles from Ferrum, less than an hour away.

Christina von Claparede-Crola
Written By
Christina von Claparede-Crola

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Schools

Source:
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Ferrum Housing Trends

Housing Trends

Median List Price
$244,900
Median Sale Price
$203,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
4
Median Home Sale Price YoY Change
85%

Neighborhood Facts

Number of Homes in Neighborhood
226
Number of Homes for Sale
1
Median Year Built
1970
Months of Supply
3.00
Average Single Family Home Size Sq Ft
1,636
Below the national average
1,924
Median Lot Size Sq Ft
36,154

Open Houses

  • 1762 Runnett Bag Rd, Ferrum, VA 24088

    $149,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft
    • 1762 Runnett Bag Rd
    • New 8 days ago

    So much potential in this great 2 bedroom, 1 bathroom brick home on 1.5 acres! Located in a peaceful location just across from Runnett Bag Creek. Enjoy listening to the water flow and escape the hustle of daily living. This home needs TLC, but includes hardwood floors on the entry level and a new roof in the last 5ish years. Come see for yourself and imagine how beautiful this home can be!

    Agent Photo
    Billy Kingery
    MOUNTAIN TO LAKE REALTY
    (540) 726-6822
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  • 455 Twin Creeks Dr, Ferrum, VA 24088

    $409,900

    • 4 Beds
    • 2.5 Baths
    • 2,268 Sq Ft
    • 455 Twin Creeks Dr
    • New 18 days ago

    Move-In Ready 4Bed/2.1Bath Home offering Main Level Laundry, Spacious Rooms throughout, Kitchen w/Island Bar & Plenty of Countertop space, Open Floor Plan! Beautiful Country Setting, Enjoy Wildlife from the Large, Covered Rocking Chair Front Porch & Rear Deck: Perfect for Entertaining! Covered Parking off Kitchen, Driveway extends to Rear of Home: Potential for In-Law Suite (Plumbing R/I for

    Angie McGhee MKB, REALTORS(r) - FRANKLIN CO

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  • 600 King Richard Rd, Ferrum, VA 24088

    $649,950

    • 4 Beds
    • 2.5 Baths
    • 2,816 Sq Ft
    • 600 King Richard Rd

    Escape to your own private sanctuary with this exceptional 43-acre horse farm just minutes from Ferrum College and downtown Rocky Mount. Perfectly blending rustic charm and modern comfort, the spacious 4-bedroom, 2.1-bath home is designed for relaxed country living. Hardwood floors and a wood-burning fireplace add warmth to the inviting living room, while the family room offers deck access and an

    Callie Dalton LONG & FOSTER - OAK GROVE

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Area Factors

Somewhat Bikeable

Bike Score®®

6 / 100

Car-Dependent

Walk Score®®

11 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Ferrum