Housing in Franklin, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$269,797
Median List Price
$294,450
Price Per Sq Ft
$137
Days on Market
104
Active Inventory
38
Months of Supply
4.8
Balanced market
Zillow Home Value
$236,394
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
31.3%
Sale-to-List Ratio
89.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
8
New Listings
16
Pending Sales
16
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$137
Median List $/SF
$144
Franklin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Franklin is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$227,200
Median Rent
$995
Total Housing Units
3,897
Vacancy Rate
13.1%
Owner Occupied
53.4%
Renter Occupied
46.6%
Median Property Tax
$1,677
per year
Monthly Cost (w/ Mortgage)
$1,180
Housing Types
The current median sale price in Franklin, VA is $269,797 according to Redfin data. Homes spend a median of 104 days on the market. 12.5% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $137. The median rent is $995 per month (Census ACS). About 53.4% of housing units are owner-occupied. The median year homes were built is 1966. There are 3,897 total housing units.