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VA area data

Franklin, VA

Franklin, VA.

Population: 13,237 (Census ACS)

Home values & appreciation

Median home value
$251,021
1-year appreciation
+1.7%
3-year appreciation
+10.6%
5-year appreciation
+34.3%
10-year appreciation
+93.1%
All-time peak (2026-04)
$251,579
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$250,000
Median list price
$299,900
Median days on market
56 days
Sale-to-list ratio
97.0%
Active listings
41
1-year forecast
+1.6%
New listings (monthly)
17

Rents

2-bedroom fair-market rent (HUD reference)
$1,100/mo
3BR fair-market rent
$1,440/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
60.0°F
Average high
71.0°F
Average low
49.0°F

Walkability & transit

Walkability index
10.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
6
Nearest national park
Historic Jamestowne Part of Colonial National Historical Park (40 mi)
Nearest airport
Franklin Regional Airport (FKN) (4 mi)
Nearest major airport
Felker Army Air Field (FAF) (38 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+7 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$1,747
Mean commute to work
26 min
Households with broadband internet
65.2%

Employment & development

Total county employment
3,154
Average weekly wage
$730
Top industries (by employment)
Finance & Insurance, Administrative Services, Other Services
Annual residential building permits (county)
167

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents