Franklin Farm, VA

Strong seller's market+20.4% YoY

Housing market overview · Updated weekly

$975,000median sale price

Homes sold

5

Last 12 weeks

Days on market

12

Fast-moving

Active listings

14

2.8 months supply

Sale-to-list

103.0%

Above asking

The Franklin Farm housing market is currently classified as a strong seller's market with a median sale price of $975,000. Prices have risen 20.4% compared to last year, with homes spending an average of 12 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Franklin Farm

There are currently 14 homes listed for sale in Franklin Farm, Va. The median listing price is $894K.

Active listings

14

Homes on market

Median list price

$894K

Avg. days on market

12

Days until sale

New this week

8

Newly listed

Price drops:7.1%of listings
Sale-to-list:103.0%

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Frequently asked questions

What is the average home price in Franklin Farm?

The median home sale price in Franklin Farm is $975,000, up 20.4% from last year.

How long do homes stay on market in Franklin Farm?

Homes typically spend 12 days on market before going under contract.

Is Franklin Farm a buyer's or seller's market?

With 2.8 months of supply, Franklin Farm is currently a strong seller's market.

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