Is parking easy in Ferrum, VA?

As of early 2026, 100% of users say parking is easy

Does Ferrum, VA show holiday spirit?

As of early 2026, 86% of users say there's holiday spirit

Is a car needed in Ferrum, VA?

As of early 2026, 78% of users say car is needed

Are yards well-kept in Ferrum, VA?

As of early 2026, 78% of users say yards are well-kept

Is there wildlife in Ferrum, VA?

As of early 2026, 75% of users say there's wildlife

As of early 2026, 75% of users say it's quiet

Does Ferrum, VA have sidewalks?

As of early 2026, 67% of users say there are sidewalks

Would people walk alone at night in Ferrum, VA?

As of early 2026, 60% of users say people would walk alone at night

Are neighbors friendly in Ferrum, VA?

As of early 2026, 56% of users say neighbors are friendly

Is Ferrum, VA walkable to grocery stores?

As of early 2026, 50% of users say it's walkable to grocery stores

Do kids play outside in Ferrum, VA?

As of early 2026, 50% of users say kids play outside

Are the streets well-lit in Ferrum, VA?

As of early 2026, 50% of users say streets are well-lit

Do residents of Ferrum, VA plan to stay at least 5 years?

As of early 2026, 43% of users say they plan to stay for at least 5 years

Is Ferrum, VA walkable to restaurants?

As of early 2026, 40% of users say it's walkable to restaurants

Is Ferrum, VA dog-friendly?

As of early 2026, 33% of users say it's dog friendly

Are there community events in Ferrum, VA?

As of early 2026, 17% of users say there are community events

What is 40 Michael Ave estimated to be worth?

Trulia's estimated value for 40 Michael Ave in Ferrum, VA is $233,500 .

Is Ferrum a buyer's or seller's market?

Ferrum is currently a buyer's market, based on recent for-sale activity.

What are the closest schools to 40 Michael Ave?

The closest schools to 40 Michael Ave in Ferrum, VA are Benjamin Franklin Middle School (rated 7/10), Ferrum Elementary School (Pre-K, rated 6/10), Franklin County High School (rated 4/10).

How big is the lot at 40 Michael Ave?

The lot at 40 Michael Ave in Ferrum, VA is about 0.46 acres (20,037 sq ft).

Does 40 Michael Ave have a garage?

Yes, 40 Michael Ave in Ferrum, VA has a garage.

OFF MARKET

$233,500

Trulia Estimate

3 Beds
2 Baths
1,117 sqft (on 0.46 acres)

40 Michael Ave, Ferrum, VA 24088

Est. Refi. Payment $1,451/mo*

Refinance Your Home

Home Value

Trulia Estimate

$234K

Since last month

$400 (-0.2%)

Since last year

$7K (+2.9%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +104% in the last 10 years

Month	Estimated value
2026
September 2026	$233K
August 2026	$234K
July 2026	$241K
June 2026	$241K
May 2026	$241K
April 2026	$236K
March 2026	$235K
February 2026	$227K
January 2026	$225K
2025
December 2025	$226K
November 2025	$228K
October 2025	$230K
September 2025	$227K
August 2025	$231K
July 2025	$238K
June 2025	$230K
May 2025	$228K
April 2025	$229K
March 2025	$226K
February 2025	$222K
January 2025	$218K
2024
December 2024	$221K
November 2024	$227K
October 2024	$220K
September 2024	$221K
August 2024	$207K
July 2024	$211K
June 2024	$213K
May 2024	$213K
April 2024	$206K
March 2024	$206K
February 2024	$198K
January 2024	$192K
2023
December 2023	$195K
November 2023	$199K
October 2023	$195K
September 2023	$200K
August 2023	$201K
July 2023	$204K
June 2023	$201K
May 2023	$187K
April 2023	$182K
March 2023	$178K
February 2023	$171K
January 2023	$173K
2022
December 2022	$174K
November 2022	$178K
October 2022	$179K
September 2022	$179K
August 2022	$179K
July 2022	$181K
June 2022	$179K
May 2022	$176K
April 2022	$169K
March 2022	$157K
February 2022	$144K
January 2022	$146K
2021
December 2021	$147K
November 2021	$147K
October 2021	$147K
September 2021	$146K
August 2021	$150K
July 2021	$157K
June 2021	$155K
May 2021	$145K
April 2021	$136K
March 2021	$133K
February 2021	$136K
January 2021	$137K
2020
December 2020	$136K
November 2020	$134K
October 2020	$134K
September 2020	$134K
August 2020	$131K
July 2020	$130K
June 2020	$129K
May 2020	$130K
April 2020	$130K
March 2020	$129K
February 2020	$129K
January 2020	$129K
2019
December 2019	$130K
November 2019	$129K
October 2019	$132K
September 2019	$132K
August 2019	$130K
July 2019	$129K
June 2019	$126K
May 2019	$125K
April 2019	$123K
March 2019	$122K
February 2019	$118K
January 2019	$116K
2018
December 2018	$116K
November 2018	$117K
October 2018	$121K
September 2018	$123K
August 2018	$122K
July 2018	$122K
June 2018	$123K
May 2018	$124K
April 2018	$122K
March 2018	$121K
February 2018	$121K
January 2018	$122K
2017
December 2017	$121K
November 2017	$121K
October 2017	$120K
September 2017	$120K
August 2017	$120K
July 2017	$118K
June 2017	$118K
May 2017	$118K
April 2017	$117K
March 2017	$118K
February 2017	$117K
January 2017	$116K
2016
December 2016	$117K
November 2016	$116K
October 2016	$115K
September 2016	$114K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
20 Michael Ave, Ferrum, VA	0.02	Single-Family Home	$135,000	08/06/26	3	2	1,711
700 Skillet Rd, Ferrum, VA	0.92	Single-Family Home	$250,000	08/21/26	2	2	1,827
2895 Old Ferrum Rd, Ferrum, VA	1.41	Single-Family Home	$185,000	09/15/26	3	2	1,318
225 Arthur Cir, Ferrum, VA	1.68	Single-Family Home	$260,000	07/27/26	3	2	1,620
4037 Timber Line Rd, Ferrum, VA	1.53	Single-Family Home	$288,000	12/03/25	3	2	2,396
217 Arthur Cir, Ferrum, VA	1.71	Single-Family Home	$254,500	03/13/26	3	2	1,620
99 Kasey Farm Ln, Ferrum, VA	1.29	Single-Family Home	$245,000	06/25/26	4	2.5	1,410
6893 Franklin St, Ferrum, VA	1.40	Single-Family Home	$247,800	10/30/25	3	3	1,516
9407 Franklin St, Ferrum, VA	1.06	Single-Family Home	$300,000	05/06/26	5	2	2,752
9419 Franklin St, Ferrum, VA	1.12	Single-Family Home	$390,000	03/20/26	5	2.5	2,843

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
8072 Franklin St, Ferrum, VA 24088	0.32	-	-	-	-	Off Market
2727 Beech Mountain Rd, Ferrum, VA 24088	0.36	$156,900	2	1	1,320	Off Market
1225 Old Ferrum Rd, Ferrum, VA 24088	0.65	$318,600	4	2	1,935	Off Market
Shively Rd, Ferrum, VA 24088	0.76	-	-	-	-	Off Market
9419 Franklin St, Ferrum, VA 24088	1.12	$390,000	5	2.5	2,843	Recently Sold
9600 Franklin St, Ferrum, VA 24088	1.29	$194,500	-	-	-	For Sale
99 Kasey Farm Ln, Ferrum, VA 24088	1.29	$245,000	4	2.5	1,410	Recently Sold
6893 Franklin St, Ferrum, VA 24088	1.40	$258,700	3	3	1,516	Off Market
2895 Old Ferrum Rd, Ferrum, VA 24088	1.41	$185,000	3	2	1,318	Recently Sold
1106 Slingshot Dr, Archdale, NC 27263	1.49	$361,000	5	3	2,511	For Sale
Fieldcrest Rd, Ferrum, VA 24088	1.47	-	-	-	-	Off Market
101 Union Rd, Ferrum, VA 24088	1.48	$198,900	3	2.5	1,025	Off Market

Local Information

Map ViewExplore the area around 40 Michael Ave.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1972

0.46 acre lot

1,117 sqft

$209/sqft

Garage

About this House

This single-family home is located at 40 Michael Ave, Ferrum, VA. 40 Michael Ave is in Ferrum, VA and in ZIP code 24088. This property has 3 bedrooms, 2 bathrooms and approximately 1,117 sqft of floor space. This property has a lot size of 0.46 acres and was built in 1972.

40 Michael Ave, Ferrum, VA 24088 is a 3 bedroom, 2 bathroom, 1,117 sqft single-family home built in 1972. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $233,500, with a rent estimate of $1,665/month.

Home Details for 40 Michael Ave

Interior Features
Interior Details BasementNumber of Rooms: 6
Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood
Fireplace & Spa Fireplace

Exterior Features
Exterior Home Features Roof: CompositionExterior: BrickFoundation Type: Other
Parking & Garage GarageParking: Carport, Garage

Property Information
Year Built Year Built: 1972
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 0.46 acres

Price and Tax history

Year	Property tax	Tax assessment
2025	$841	$195,600

Home facts updated by county records

Additional Cost

Market trends in Ferrum

Last updated August 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

3MoM

Around this home

Ferrum Elementary School
PK-5
Public
281 Students
Franklin County Public Schools
6/10
GreatSchools Rating
Parent Rating Average
We love Ferrum Elementary, located steps away from the Blue Ridge Institue and Ferrum College. A truly unique location in an area where family values reign and teachers and school staff really care about the students. We're very proud to be part of Ferrum Elementary School.
Parent Review
15y ago
1 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ferrum

At least 3 Trulia users voted on each feature.

100 % Say parking is easy
86 % Say there's holiday spirit
78 % Say car is needed
78 % Say yards are well-kept
75 % Say there's wildlife
75 % Say it's quiet
67 % Say there are sidewalks
60 % Say people would walk alone at night
56 % Say neighbors are friendly
50 % Say it's walkable to grocery stores
50 % Say kids play outside
50 % Say streets are well-lit
43 % Say they plan to stay for at least 5 years
40 % Say it's walkable to restaurants
33 % Say it's dog friendly
17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

jp
Resident
7y ago
"Ferrum is a Great school to attend very safe I’ve had no problems at all ! Highly recommend that if you’re looking for a safe place to come here "
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Frequently asked questions about 40 Michael Ave

What is 40 Michael Ave estimated to be worth?
Trulia's estimated value for 40 Michael Ave in Ferrum, VA is $233,500.
Is Ferrum a buyer's or seller's market?
Ferrum is currently a buyer's market, based on recent for-sale activity.
What are the closest schools to 40 Michael Ave?
The closest schools to 40 Michael Ave in Ferrum, VA are Benjamin Franklin Middle School (rated 7/10), Ferrum Elementary School (Pre-K, rated 6/10), Franklin County High School (rated 4/10).
How big is the lot at 40 Michael Ave?
The lot at 40 Michael Ave in Ferrum, VA is about 0.46 acres (20,037 sq ft).
Does 40 Michael Ave have a garage?
Yes, 40 Michael Ave in Ferrum, VA has a garage.