Housing Prices in Franklin, VA
How much do homes in Franklin, VA cost?
Median List Price
$271,833
$156/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Franklin was $271,833 in April 2024, down 8.6% from the previous year, and the median price per square foot was $156.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $60K | $149.8K | +149.8% |
3 Bedrooms | $250K | $239.9K | -4.0% |
4 Bedrooms | $327.4K | $340K | +3.8% |
5+ Bedrooms | $422.4K | $395.2K | -6.5% |
Summary: Franklin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 149.8%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 6.5%.
Median List Price Compared To Nearby Cities
Franklin | $292.5K | $270.3K | -7.6% |
Franklin | $297.4K | $271.8K | -8.6% |
Housing Supply in Franklin, VA
How many homes are available in Franklin, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 84 | +3.7% |
Summary: The Franklin real estate market had 84 homes for sale in April 2024, a 3.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 34 | 35 | +2.9% |
4 Bedrooms | 35 | 36 | +2.9% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Franklin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 33.3%.
Days on Market for Franklin, VA
How long does it take to sell a home in Franklin, VA?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
150 Days | 103 Days | -31.3% |
Summary: Homes in Franklin had an average listing age of 103 days in Apr 2024, down by 31.3% compared to the previous year.