Homes Under $500K in Franklin, VA

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Franklin housing market

August 2026 · This period is still settling

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 11 sales · as of Aug 27, 2026

Homes that sold · County records, as of Aug 26, 2026

Median sale price: $178,000$95,000–$469,900 typical range
Price per sq. ft.: $96
Sales: 17
Paid in cash: 29.4%

Homes on the market · MLS, as of Aug 27, 2026–Aug 31, 2026

Median list price: $275,000
Homes for sale: 63
Median days on market: 31 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: -26.9%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

Median home size: 1,701 sq. ft.

Franklin, VA community profile

Population: 8,448
Median income: $60,115
Housing units: 4,113
People per sq. mi.: 74
Area: 114.1 sq. mi.

Source: HJN community data

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Listing data & MLS disclosures

Franklin housing market

Homes that sold · County records, as of Aug 26, 2026

Homes on the market · MLS, as of Aug 27, 2026–Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

Franklin, VA community profile

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Listing data & MLS disclosures

Franklin, VA community profile

Franklin housing market

Homes that sold · County records, as of Aug 26, 2026

Homes on the market · MLS, as of Aug 27, 2026–Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026