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Ferrum

Ferrum

Neighborhood in Rocky Mount, Virginia

Franklin County 24088

$283,343 Average Value
$160 Average Price per Sq Ft
1 Home For Sale

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Billy Kingery, an experienced agent in this neighborhood.

Transit

Airport

Roanoke/Blacksburg Regional (Woodrum Field)

60 min drive

Bus

Ferrum College (Stanley Library)

Crime and Safety

1 - Low Crime, 10 - High Crime Ferrum US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Ferrum Demographics and Home Trends

Housing Trends

Median List Price
$299,900
Median Sale Price
$288,000
Median Single Family Sale Price
$293,950
Median Change From 1st List Price
5%
Last 12 months Home Sales
5
Median Home Sale Price YoY Change
26%
Average Price Per Sq Ft
$160

Neighborhood Facts

Number of Homes in Neighborhood
226
Number of Homes for Sale
1
Median Year Built
1970
Months of Supply
2.40
Average Single Family Home Size Sq Ft
1,636
Below the national average
1,933
Median Lot Size Sq Ft
36,154

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Billy Kingery, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,180
Median Age
35
Population Density
1 person/acre
Population under 18
23.4%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%

Finances

Median Household Income
$38,472
Significantly below the national average
$71,702
Average Household Income
$54,749

Education and Workforce

High School Graduates
79.6%
College Graduates
10.8%
Below the national average
34.1%
Advanced Degrees
5%
% Population in Labor Force
48%
Below the national average
65.1%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
24°F
Average Summer High Temperature
87°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

6 / 100

Car-Dependent

Walk Score®

11 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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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.
NEIGHBORHOOD
Ferrum
Billy Kingery
MOUNTAIN TO LAKE REALTY
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