Franklin, VA

Balanced market+72.7% YoY

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. Featured listings range from $1,500 to $579,900.

3 bedroom mobile home for sale at 31209 Carter St Unit 58 Franklin 23851 - $1,500
New listing
10
$1,500

31209 Carter St Unit 58

Franklin, VA 23851

3 bd2 ba
Mobile home
More about this property
3 bedroom mobile home for sale at 31175 Thomas St Unit 34 Franklin 23851 - $2,000
New listing
11
$2,000

31175 Thomas St Unit 34

Franklin, VA 23851

3 bd2 ba
Mobile home
More about this property
land for sale at 70 Homestead Ln Franklin 23851 - $44,900
New listing
$44,900

70 Homestead Ln

Franklin, VA 23851

0 ba
Land28,750 sqft lot

Jim Hart · Hart Realty Co.

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2 bedroom house for sale at 571 Laurel St Franklin 23851 - $80,000
New listing
15
$80,000

571 Laurel St

Franklin, VA 23851

2 bd1 ba960 sqft
House8,712 sqft lot
Est. $76K

Darren Stauffer · CENTURY 21 Gold Market Realty

More about this property
3 bedroom house for sale at 205 Artis St Franklin 23851 - $124,900
New listing
6
$124,900

205 Artis St

Franklin, VA 23851

3 bd2 ba1,440 sqft
House8,712 sqft lot
Est. $223KSold 2008 for $42K

Jessica Taylor · Windell Francis Realty Inc.

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3 bedroom townhouse for sale at 115 Summit Path Franklin 23851 - $239,990
New listingNew build
14
$239,990

115 Summit Path

Franklin, VA 23851

3 bd2 ba1,442 sqft
Townhouse
More about this property
3 bedroom townhouse for sale at 241 Summit Path Franklin 23851 - $244,990
New listingNew build
16
$244,990

241 Summit Path

Franklin, VA 23851

3 bd3 ba1,442 sqft
Townhouse
Est. $240K
More about this property
3 bedroom townhouse for sale at 123 Summit Path Franklin 23851 - $249,990
New listingNew build
15
$249,990

123 Summit Path

Franklin, VA 23851

3 bd3 ba1,442 sqft
Townhouse
More about this property
4 bedroom house for sale at 209 Hogart St Franklin 23851 - $270,000
New listing
49
$270,000

209 Hogart St

Franklin, VA 23851

4 bd2 ba1,964 sqft
House14,810 sqft lot
Est. $221KSold 2017 for $40K
More about this property
5 bedroom house for sale at 107 N High St Franklin 23851 - $349,900
New listing
49
$349,900

107 N High St

Franklin, VA 23851

5 bd3 ba2,800 sqft
House
Est. $336KSold 2018 for $26K
More about this property
4 bedroom house for sale at 23205 Scottswood Dr Franklin 23851 - $380,000
New listingNew build
13
$380,000

23205 Scottswood Dr

Franklin, VA 23851

4 bd3 ba2,000 sqft
House1.14 acres

Linda Jones · BHHS RW Towne Realty

More about this property
4 bedroom house for sale at 405 Meadow Ln Franklin 23851 - $579,900
New listing
50
$579,900

405 Meadow Ln

Franklin, VA 23851

4 bd4 ba3,286 sqft
House34,848 sqft lot
Est. $438KSold 2017 for $280K

Holly Mein · Real Broker LLC

More about this property

Looking to buy in Franklin?

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Active listings

41

Homes on market

Median list price

$245K

Avg. days on market

76

Days until sale

New this week

21

Newly listed

Price drops:29.3%of listings
Sale-to-list:97.2%

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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.

How many homes are for sale in Franklin?

There are currently 41 homes listed for sale in Franklin, VA.

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