Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$273,743+11.5% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 34% have cut their price
Income needed to buy, per year$59,342About 0.9× the local median income ($64,946): affordable for a typical household
Days on market78 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly
The typical home in Floyd County, VA is worth $273,743, up 11.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $246,396, so the area is 11.1% overvalued. It is a buyer's market: homes take about 78 days to sell, listings are up 37% from a year ago, 34% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $59,342 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,946. In the latest IRS figures, 173 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$273,743
Change in 1 year
+11.5%
Overvalued %
+11.1%
Show 7 more
Fair home value
$246,396
Change in 5 years
+28.5%
Zillow forecast, next 12 months
+2.5%
Home value to income
4.2×
Monthly mortgage payment (20% down)
$1,484
Income needed to afford it
$59,342
Property tax rate
0.55%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,090
Market activity
Listings vs a year ago
+37.0%
Days on market
78
Listings with a price cut
33.7%
Show 3 more
Homes for sale
63
Pending sales per 100 listings
22
Asking price per sq ft
$230
People and jobs
Median household income
$64,946
Population change (1 year)
+0.5%
Unemployment rate
3.6%
Show 4 more
Population
15,789
Income adjusted for cost of living
$70,060
Net moves in (IRS)
+173
Cost of living (US = 100)
92.7
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
6.6
Flood risk score
17.3
Show 3 more
Wildfire risk score
49.4
Walkability (1 to 20)
5.6
Road, rail and air noise
53 dB
Questions people ask
Is Floyd County, VA overvalued?
Home prices in Floyd County, VA are well above what local incomes have historically supported: fair value is about $246,396, so the area is 11.1% overvalued.
Is Floyd County, VA a buyer's or seller's market?
Floyd County, VA is a buyer's market: homes take about 78 days to sell, listings are up 37% from a year ago, 34% of listings have had a price cut.
Are home prices going down in Floyd County, VA?
Home values in Floyd County, VA are up 11.5% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Floyd County, VA?
A household needs about $59,342 a year to afford the typical home in Floyd County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,946.