Market Overview
Home Prices in Floyd, VA
The median home value in Floyd, VA is $314,353 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.4% compared to a year ago and down 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Floyd are priced23% below average.
Over the past five years, Floyd home values have risen by approximately43.2%, reflecting strong long-term appreciation in this market.
Price History
Floyd Home Price Trend
2020
$189,773
$190K
—
2021
$219,482
$219K
+15.7%
2022
$259,063
$259K
+18.0%
2023
$270,992
$271K
+4.6%
2024
$282,520
$283K
+4.3%
2025
$277,169
$277K
-1.9%
2026
$314,353
$314K
+13.4%
City Comparison
Floyd vs. National Median
🏠 Floyd
$314,353
National Median
$410,000
At $314,353, homes in Floyd cost 23% below the national median of $410,000. This makes Floyd a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Floyd?
20% Down Payment
$62,871
on $314,353
Monthly P&I
$1,639/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,082/mo
incl. taxes & insurance
Income Needed
$83,280
gross annual (30% rule)
10% Down Option
$31,435
+ PMI applies
Loan Amount (20% dn)
$251,482
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Floyd, VA?
The median home value in Floyd is $314,353 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.4% year-over-year.
How much have home prices changed in Floyd?
Over the past year, home values in Floyd have increased by 13.4%. Over five years, prices have risen approximately 43.2%.
How much do I need to earn to buy a home in Floyd?
To comfortably afford the median home price of $314,353 with a 20% down payment ($62,871) at today's rates (6.8%), you'd need a gross annual income of approximately $83,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Floyd compare to the national average home price?
The national median home value is approximately $410,000. At $314,353, homes in Floyd are 23% below the national average.