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2024 Compare Cities Housing:
Franklin, VA vs Richmond, VA

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Highlights
- The median age of a home in Franklin is 12.5% younger than the median age of a home in Richmond.

Housing
 Franklin, VARichmond, VAUnited States
 Median Home Age566342
 Median Home Cost$209,200$327,100$338,100
 Home Appr. Last 12 months18.6%15.2%16.6%
 Home Appr. Last 5 yrs.58.1%57.5%57.0%
 Home Appr. Last 10 yrs.77.0%93.9%101.1%
 Property Tax Rate$8.0$9.5$11.0
 Homes Owned46.5%38.9%57.4%
 Housing Vacant10.4%10.3%11.2%
 Homes Rented43.1%50.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin, VARichmond, VAUnited States
 Average Rent$1,280$1,680$1,840
 Studio Apartment$840$1,140$1,080
 1 Bedroom Home or Apartment$850$1,170$1,180
 2 Bedroom Home or Apartment$1,000$1,320$1,430
 3 Bedroom Home or Apartment$1,300$1,710$1,860
 4 Bedroom Home or Apartment$1,700$2,080$2,160
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 Vacant Housing
 Franklin, VARichmond, VAUnited States
 Vacant For Rent3.4%2.9%1.9%
 Vacant Rented0.0%1.3%0.4%
 Vacant For Sale0.0%0.6%0.7%
 Vacant Sold0.6%0.6%0.4%
 Vacant Vacation0.2%0.3%3.6%
 Vacant Other6.2%4.6%4.1%
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 Owner-Occupied Housing Value
 Franklin, VARichmond, VAUnited States
 Less Than $20,0000.2%1.1%2.6%
 $20,000 to $39,9990.0%0.4%2.4%
 $40,000 to $59,9993.1%0.9%2.8%
 $60,000 to $79,9993.3%2.9%3.9%
 $80,000 to $99,9995.5%4.2%4.5%
 $100,000 to $149,99918.3%11.4%11.3%
 $150,000 to $199,99926.5%15.1%13.0%
 $200,000 to $299,99936.7%21.0%20.1%
 $300,000 to $399,9994.1%16.5%13.6%
 $400,000 to $499,9992.3%8.6%8.3%
 $500,000 to $749,9990.0%10.3%9.7%
 $750,000 to $999,9990.0%3.9%3.9%
 $1,000,000 to $1,499,9990.0%2.3%2.2%
 $1,500,000 to $1,999,9990.0%0.7%0.8%
 $2,000,000 and over0.0%0.8%1.1%
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 Housing Units By Year Built
 Franklin, VARichmond, VAUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20147.7%5.3%13.6%
 2000 to 20097.7%5.3%13.6%
 1990 to 199910.9%5.8%13.6%
 1980 to 19898.8%7.1%13.2%
 1970 to 197910.8%9.9%14.8%
 1960 to 196910.9%5.8%13.6%
 1950 to 195921.2%14.7%10.0%
 1940 to 19498.1%9.1%4.7%
 1939 or Earlier11.6%29.6%12.2%

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Reviews for Franklin    0 Reviews

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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ZIPS IN FRANKLIN, VIRGINIA
23851
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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