Franklin County, VA Home Values & Market Trends
The median home price in Franklin County, VA is $352,365.09. There were 1,031 home sales in Franklin County, VA over the past 12 months. The median residential Franklin County, VA home value for transactions over the previous year is $250,000. The number of current listings in Franklin County, VA is 88, and the percentage of properties for sale is 88.00%. The county has 13 foreclosures, 7 bank owned properties, 6 headed for auction, and 88 properties for sale.
Franklin County, VA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Franklin | $ 236,400 $ 138/sqft | Penhook | $ 1,199,000 $ 344/sqft |
| Rocky Mount | $ 339,900 $ 148/sqft | Union Hall | $ 1,018,070 $ 258/sqft |
| Hardy | $ 479,000 $ 188/sqft | Ferrum | $ 284,949 $ 200/sqft |
| Glade Hill | $ 530,583 $ 163/sqft | Henry | $ 499,688 $ 236/sqft |
| Boones Mill | $ 349,000 $ 153/sqft | Callaway | $ -- $ -- |
| Wirtz | $ 687,023 $ 301/sqft |
Housing Market Summary for Franklin County, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $539.9K | $338.7K | -37.26% |
| Median Sold Price | $0 | $338.7K | - |
| Homes For Sale | 71 | 90 | 26.76% |
| Homes Sold | 0 | 529 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Franklin County, VA
Browse Homes in Franklin County, VA
Franklin County, VA home values range from $20,056 to $9,263,252. Penhook is the priciest city with a median listing home price of $1,099,000, and Ferrum is most affordable with average house prices of around $224,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Franklin County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Franklin County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklin County, VA ranges from the highest value of $183,833 in Penhook to the lowest value of $123,879 in Franklin. Bank owned homes and properties account for 0.03% of properties in Franklin County, VA. There are 11 cities within Franklin County, VA; Glade Hill containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFranklin has 11 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, VA. Auction homes and other auction properties account for 0.02% of all properties in Franklin County, VA. There are 11 cities within Franklin County, VA; of those cities, the median estimated home value for homes going to auction ranges from $327,854 in Callaway to the lowest value of $69,696 in Callaway.
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More Real Estate Resources for Franklin County, VA
Guide for Franklin County, VA
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