Franklin County, VA Housing

Franklin, VA County is a great place to buy a house. According to the most recent estimates, the median value of homes in this county is $283,700, which is significantly lower than the US median value of $338,100. Additionally, houses in Franklin have seen an appreciation of 10.57% in the past year; higher than the national average of 8.27%. This makes it an excellent time to consider buying property in this area as prices are likely to continue to rise.

The median home cost in Franklin County is $283,700. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Franklin County is up 16.2%.

Average Age of Homes

- The median age of Franklin County real estate is 30 years old

The Rental Market in Franklin County

- Renters make up 17.6% of the Franklin County population
- 0.8% of houses and apartments in Franklin County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin, Virginia	United States
	28,339.0	139,647,020.0
	36	42
	$283,700	$338,100
	16.2%	16.6%
	49.3%	57.0%
	59.2%	101.1%
	$6.11	$10.98
	$1,109	$2,690
	62.5%	57.4%
	22.3%	11.2%
	15.2%	31.4%
Vacant Housing
	0.8%	1.9%
	0.4%	0.4%
	1.3%	0.7%
	0.7%	0.4%
	12.4%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	3.4%	2.4%
	1.6%	2.8%
	4.0%	3.9%
	6.5%	4.5%
	14.9%	11.3%
	19.2%	13.0%
	18.4%	20.1%
	10.9%	13.6%
	4.6%	8.3%
	6.2%	9.7%
	3.1%	3.9%
	0.8%	2.2%
	0.6%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.5%	13.6%
	16.5%	13.6%
	18.5%	13.6%
	20.4%	13.2%
	16.6%	14.8%
	18.5%	13.6%
	7.1%	10.0%
	2.6%	4.7%
	6.2%	12.2%

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