Franklin, VA
Housing market overview · Updated weekly
$285,000median sale price
Homes sold
13
Last 12 weeks
Days on market
76
Average pace
Active listings
41
3.2 months supply
Sale-to-list
97.2%
Below asking
The Franklin housing market is currently classified as a balanced market with a median sale price of $285,000. Prices have risen 72.7% compared to last year, with homes spending an average of 76 days on market, indicating 3.2 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
There are currently 41 homes listed for sale in Franklin, Virginia. The median listing price is $245K.
Active listings
41
Homes on market
Median list price
$245K
Avg. days on market
76
Days until sale
New this week
21
Newly listed
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Frequently asked questions
What is the average home price in Franklin?
The median home sale price in Franklin is $285,000, up 72.7% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 76 days on market before going under contract.
Is Franklin a buyer's or seller's market?
With 3.2 months of supply, Franklin is currently a balanced market.
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