Franklin Farm, VA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Franklin Farm, VA is $975,000, up 20.4% year-over-year. Homes sell in an average of 12 days with 14 active listings. The market is currently a strong seller's market.
$975,000median sale price
Is Franklin Farm a buyer's or seller's market?
Franklin Farm, VA is currently a strong seller's market, based on 2.8 months of supply and homes selling in about 12 days. How we determine this →
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
Franklin Farm, VA market data
| Metric | Value |
|---|---|
| Median sale price | $975,000 |
| Median list price | $894,450 |
| Year-over-year price change | +20.4% |
| Average days on market | 12 days |
| Active inventory | 14 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 103.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
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, Virginia. 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
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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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