Market report, updated

Franklin Home Values and Market Report

Search in the city of Franklin

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Report prepared by Sarahmartinrealtyva.com 1st Class Real Estate Flagship

Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 35 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $228K Sold · $228K
$330K$290K$250K$210K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 24 sales in Sep. Last month: 10.

Where the market stands

All homes in this report, by status.

274homes
Active79 · 29%
Under contract37 · 14%
Sold (12 mo)158 · 58%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$291K
Under contract$261K
Sold$251K

Average days on market

Active153 days
Under contract87 days
Sold35 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 79
Average list price $290,552
Avg. days on market 153 days
Avg. price per ft² $153 Based on 68 of 79 homes
Avg. living area 2,141 ft² Based on 70 of 79 homes
Avg. beds / baths 3.4 / 2.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

9 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 70 homes plotted, up to $900K and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

18 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

LT2049 John Alexander Drive$254
208 Andrews Avenue$242
100 Crescent Drive$233
228 River Landing Crescent$232
1313 Virginia Street Street$232
711 Chestnut Street$229
909 Clay Street$223

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
603 N High StreetFranklin, VA 23851 42.12,400$299,900$1242 days
402 W 1st AvenueFranklin, VA 23851 321,754$229,900$1311 day
808 Fontaine StreetFranklin, VA 23851 321,894$45,000$232 days
403 Bogart StreetFranklin, VA 23851 321,150$159,900$1393 days
220 Landview LaneFranklin, VA 23851 42.11,947$375,000$1924 days
103 Verna StreetFranklin, VA 23851 321,350$255,000$1885 days
725 Norfleet StreetFranklin, VA 23851 52.11,820$345,000$1895 days
404 W Fourth AvenueFranklin, VA 23851 321,800$289,000$1600 days
823 Cool Spring StreetFranklin, VA 23851 31.11,320$225,000$1705 days
408 Old Sedley RoadFranklin, VA 23851 321,776$299,900$1688 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.