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Franklin, VA Real Estate & Property Data

Franklin Real Estate Market Trends

Last Updated: August 30, 2025

Accurate and comprehensive real estate data is critical for insight into Franklin, VA 23851. ATTOM’s Franklin real estate data is updated daily, and current market trends show that in Franklin, VA a total of 216 residential properties have sold over the past year. With a median home price of $266,500 in Franklin and a total of 1 foreclosures. Get detailed property data for Franklin, VA instantly. ATTOM is your one-stop-shop for the Franklin property reports and real estate data you need in Franklin, VA.

Franklin Real Estate Market Trends

Get property data for any address in Franklin, VA or the country:

Total Residential Properties 4,720

Total Commercial Properties 479

Avg. Home Age (Single Family Home) 53 Years

Avg. Square Feet (Single Family Home) 1,772

Total 2025 Residential Sales (year-to-date) 99

% of Homes Seriously Underwater (Q3 2025) 6.77%

Total 2024 Residential Sales 201

% of Equity Rich Homes (Q3 2025) 16.03%

Effective 2024 Property Tax 0.88%

Total Foreclosure Filings (year-to-date) 9

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Franklin, VA 23851 Real Estate Overview

There were 216 residential properties sold in the past year in Franklin, VA 23851. The median home value in Franklin, VA 23851 is $207,155. There are a total of 4,720 residential properties in the 23851.

Median Sales Price i

$266,500

(Jun 2025)

+15.9%

year-over-year

y-o-y

June '25 Jun '25 $266,500
May '25 May '25 $180,407
April '25 Apr '25 $328,250
March '25 Mar '25 $260,000
February '25 Feb '25 $235,000
January '25 Jan '25 $282,450
December '24 Dec '24 $305,000
November '24 Nov '24 $223,000
October '24 Oct '24 $272,000
September '24 Sep '24 $240,900
August '24 Aug '24 $240,000
July '24 Jul '24 $328,000

Median Down Payment i

$12,000

(Jun 2025)

+84%

year-over-year

y-o-y

June '25 Jun '25 $12,000
May '25 May '25 $17,626
April '25 Apr '25 $11,150
March '25 Mar '25 $5,535
February '25 Feb '25 $4,707
January '25 Jan '25 $115,000
December '24 Dec '24 $205,000
November '24 Nov '24 $32,535
October '24 Oct '24 $16,850
September '24 Sep '24 $26,000
August '24 Aug '24 $10,000
July '24 Jul '24 $32,950

Number of Homes Sold i

15

(Jun 2025)

+7.1%

year-over-year

y-o-y

June '25 Jun '25 15
May '25 May '25 17
April '25 Apr '25 14
March '25 Mar '25 25
February '25 Feb '25 11
January '25 Jan '25 17
December '24 Dec '24 13
November '24 Nov '24 20
October '24 Oct '24 14
September '24 Sep '24 14
August '24 Aug '24 23
July '24 Jul '24 19

Number of Purchase Loans i

7

(Jun 2025)

-56.2%

year-over-year

y-o-y

June '25 Jun '25 7
May '25 May '25 15
April '25 Apr '25 8
March '25 Mar '25 17
February '25 Feb '25 11
January '25 Jan '25 17
December '24 Dec '24 11
November '24 Nov '24 12
October '24 Oct '24 9
September '24 Sep '24 10
August '24 Aug '24 26
July '24 Jul '24 15

Number of REFI Loans i

10

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 10
May '25 May '25 11
April '25 Apr '25 9
March '25 Mar '25 8
February '25 Feb '25 1
January '25 Jan '25 5
December '24 Dec '24 11
November '24 Nov '24 4
October '24 Oct '24 36
September '24 Sep '24 7
August '24 Aug '24 10
July '24 Jul '24 7

Number of HELOC Loans i

3

(Jun 2025)

-25%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 2
April '25 Apr '25 2
March '25 Mar '25 6
February '25 Feb '25 2
January '25 Jan '25 3
December '24 Dec '24 3
November '24 Nov '24 2
October '24 Oct '24 10
September '24 Sep '24 4
August '24 Aug '24 4
July '24 Jul '24 2

Franklin, VA 23851 Real Estate Market Overview

Last 30 days

Street
Street
Street

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5

Franklin, VA 23851 Foreclosure Activity

There were a total of 1 Franklin, VA 23851 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

1

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 2
January '25 Jan '25 2
December '24 Dec '24 N/A
November '24 Nov '24 7
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 3

Foreclosure Starts i

1

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 1
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 2
January '25 Jan '25 2
December '24 Dec '24 N/A
November '24 Nov '24 7
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 3

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Nearby Cities

1. Carrsville
2. Courtland
3. Zuni
4. Sedley
5. Newsoms
6. Gates

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