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New Construction Homes in Ferrum, VA

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    $70,000 Lot/Land

    0 Indian Summer Ln Unit 908514, Ferrum, VA 24088

    • 3.61 Acres
    • $19,391 per Acre

    Access to the lot and lot istelf recently upgraded. Unique property located extremely close to Philpott Lake. Great views of the lake and private building site near deep water. Opportunity for private building site with very close proximity to Philpott Lake. Taxes and acreage based on county records. Buyer to install power, well, and septic. Access to spring on adjacent lot. Owner has active real

    Bob Parcell MOUNTAIN TO LAKE REALTY

    0 Indian Summer Ln Unit 908514, Ferrum, VA 24088
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    $247,500 Lot/Land

    3546 Prillaman Switch Rd, Ferrum, VA 24088

    • 73 Acres
    • $3,390 per Acre

    Offering +/- 70 Acres of beautiful land in Franklin County, VA. Small pasture and stream with a majority in standing hardwoods. Spring fed water source and logging roads make for Great Hunting! Great Hunting!!! Great Hunting!!! No zoning restrictions with electrical available and long paved road frontages. Large metal building with concrete floor. A shopping area is just a few miles away and

    Trevor Norford WAINWRIGHT & CO., REALTORS(r)- LAKE

    3546 Prillaman Switch Rd, Ferrum, VA 24088
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    $120,000 Lot/Land

    183 Pernello Rd, Ferrum, VA 24088

    • 12 Acres
    • $10,000 per Acre

    Discover the potential of this beautiful 12-acre property conveniently located just minutes from Ferrum College with easy access to Rocky Mount. Single wide 2 bedroom, 2 bath trailer on property with well and septic already in place. An excellent opportunity for your future home, hunting camp, weekend getaway or investment property. The timber on the property has never been cut, offering a rare

    Joshua Desforges KELLER WILLIAMS REALTY ROANOKE

    183 Pernello Rd, Ferrum, VA 24088
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    $125,000 Lot/Land

    00 Old Ferrum Rd, Ferrum, VA 24088

    • 17 Acres
    • $7,353 per Acre

    RURAL 17 ACRES, NO RESTRICTIONS! Mostly Wooded Acreage with a Stream & Mature Timber! Paved State Road Frontage on Old Ferrum Rd. Choose Your Build Site! Super Convenient to All Amenities in Rocky Mount! Purchaser to install well and septic. {Small cemetery on property}

    Angie McGhee MKB, REALTORS(r) - FRANKLIN CO

    00 Old Ferrum Rd, Ferrum, VA 24088
  • /4

    $194,500 Lot/Land

    9600 Franklin St, Ferrum, VA 24088

    • 1.63 Acres
    • $119,325 per Acre

    Historic Building with Endless Potential! Charming 1920s Schoolhouse, Unique piece of Ferrum's history waiting for the Next Chapter! Prime Location near Ferrum College, 1.63 ACRES offers 12,224SF Solid Brick Canvas for Visionary Developers, Investors & Creative Homeowners! NO ZONING! Discover the Perfect Opportunity to Build Your Vision with Flexibility for Commercial, MultiFamily or Residential

    Angie McGhee MKB, REALTORS(r) - FRANKLIN CO

    9600 Franklin St, Ferrum, VA 24088
  • /8

    $22,500 Lot/Land

    0 Carver Lee Rd, Ferrum, VA 24088

    • 1.05 Acres
    • $21,429 per Acre

    Endless possibilities with this un-zoned Franklin County property just minutes from the lake. Whether you're dreaming of a full-time residence, a weekend escape, or an income-producing rental, this parcel offers the flexibility you need. Additionally, perfect for tiny homes, RV sites, cabins, or yurt/camp experiences. Recently surveyed, and seller financing is available. Flyover:

    Caroline Crowder eXp Realty LLC-Lynchburg

    0 Carver Lee Rd, Ferrum, VA 24088
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    $79,900 Lot/Land

    0 Republican Church Rd Unit 2, Ferrum, VA 24088

    • 13.65 Acres
    • $5,853 per Acre

    Whether you like Republicans or not, this is a sweet piece of land. With more than 13 acres it fronts the paved state road in Franklin County not far from Ferrum. It's zoned agricultural, so you can build a house, put up a deer stand, set up a tiny house, or just about anything you want. The land is wooded and gently rolling with beautiful tall trees. It even has a little wet-weather stream! Need

    Robert Thomas Terramark Realty LLC

    0 Republican Church Rd Unit 2, Ferrum, VA 24088

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Ferrum, VA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Ferrum, VA hold their value?
Yes, especially in fast-growing areas of Ferrum, VA. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Ferrum, VA

Housing Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$293,500
Average Price Per Sq Ft
$154
Number of Homes for Sale
2
Last 12 months Home Sales
9
Months of Supply
2.70
Median List Price
$299,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
38%
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