The story of this market
The typical home in Franklin County, Virginia sells for about $438,585, or $201 per square foot.
Prices are up +9.1% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. Over the long run, values in this county have grown 138% since 2000. Last year 10 of 16 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,080 a month.
HUD sets the fair market rent for a 2-bedroom at $1,080 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+0.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+14.8%). Worst: 2010 (-6.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,495
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+0.4%
2025 change
FHFA repeat-sales index, median of 16 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
20
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $11,012,843.
Mortgage activity
Home lending in this county
77.5%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 2432 | 1362 | 77.5% | 4.3% | $195,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Franklin County, Virginia
Franklin County's housing market shows steady price appreciation with a 9.1% year-over-year increase in median sale price. While inventory remains relatively tight, the market is experiencing longer days on market compared to the previous year, suggesting a cooling in the pace of sales.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 11 cities · 12 ZIP reports
Median prices moved up 1.9% year over year.
Homes spend a median of 23 days on market with 0.6 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 62.03% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.8% — a stable, low-distress profile.
Deterministic aggregate of 10 researched ZIP reports of 12 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Franklin County, Virginia — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 16
researched Sep 16
researched Sep 16
researched Sep 16
researched Sep 17
researched Sep 20
researched Sep 16
researched Sep 16
researched Sep 20
researched Sep 20
| 24065 | Boones Mill | $249,625 | $137 | -0.5% | 18 | 100% | — | 3.7 | 385 | $851 | researched Sep 16 |
| 24067 | Callaway | $249,625 | $137 | -0.5% | 18 | — | — | — | 1,091 | $680 | researched Sep 16 |
| 24070 | Henry | $181,000 | $105 | +11.5% | 62 | 97.5% | 18% | 4.2 | 51 | $850 | researched Sep 16 |
| 24088 | Ferrum | $379,450 | $153 | +0.7% | 42 | 100% | 25% | 4.2 | 611 | $643 | researched Sep 16 |
| 24092 | Glade Hill | $268,000 | $137 | +2.6% | 18 | 98.5% | 22% | 1.3 | 500 | $715 | researched Sep 17 |
| 24101 | Hardy | $249,625 | $137 | -0.5% | 18 | 98.2% | 25% | 1.6 | 622 | $995 | researched Sep 20 |
| 24102 | Henry | $249,625 | $137 | -0.5% | 18 | 98.5% | 25% | 2.7 | 1,053 | $574 | researched Sep 16 |
| 24121 | Moneta | $269,900 | $163 | -3.5% | 25 | 97.9% | — | 2.7 | 638 | $1,178 | researched Sep 16 |
| 24137 | Penhook | $368,000 | $148 | +0.7% | 16 | 98.8% | 25% | 4.8 | 611 | $935 | researched Sep 20 |
| 24151 | Rocky Mount | $190,800 | $137 | +0.7% | 18 | 98.5% | 25% | 5.2 | 8,707 | $808 | researched Sep 20 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
- Splash Valley4.428.6 mi
- Launching Pad Trampoline Park & Family Fun Center4.325.1 mi
- Sky Zone Trampoline Park4.126.6 mi
- Green Ridge Recreation Center4.428.6 mi
- Chuck E. Cheese4.220.9 mi
- Martinsville Speedway4.721.6 mi
- Salem Civic Center4.226.1 mi
- Berglund Center423.8 mi
- Golden Corral Buffet & Grill4.426.8 mi
- Floyd Country Store4.827.2 mi
- Fairy Stone State Park4.618.2 mi
- Virginia Museum of Natural History4.718 mi
- Smith Mountain Lake Community Park4.715.3 mi
- Waid Recreation Park4.86.3 mi
- Virginia Dare Cruises & Marina4.316.1 mi
- Fairy Stone State Park4.618.2 mi
- Virginia Museum of Transportation4.723.5 mi
- Black Dog Salvage - Main Showroom4.723.5 mi
- Taubman Museum of Art4.723.3 mi
- Virginia Museum of Natural History4.718 mi
- Smith Mountain Lake State Park4.716.5 mi
- Fairy Stone State Park4.618.2 mi
- Smith Mountain Lake Beach4.515.9 mi
- Smith Mountain Lake Community Park4.715.3 mi
- Waid Recreation Park4.86.3 mi
- Drifter's4.317 mi
- Mitchell's Point Marina4.716.9 mi
- Magnum Point Marina & Restaurant4.57.9 mi
- Gills Creek Marina & Lodge4.711.4 mi
- Goodhue Boat Company, Blackwater4.513.1 mi
- Mariners Landing Country Club3.617.7 mi
- Copper Cove Golf Club414.3 mi
- Beaver Creek Golf Course4.414.7 mi
- Homestead Creamery4.811.1 mi
- Bridgewater Plaza4.616.3 mi
- Marshalls4.417.3 mi
- Belk4.217.3 mi
- Westlake Towne Center4.413.4 mi
- Roanoke-Blacksburg Airport4.227 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A major recreational destination offering boating, fishing, and waterfront living that serves as a primary economic and lifestyle anchor for the county.
Retrieved from data.census.gov