Franklin Farm, VA
Housing market overview · Updated weekly
$975,000median sale price
Homes sold
5
Last 12 weeks
Days on market
12
Fast-moving
Active listings
14
2.8 months supply
Sale-to-list
103.0%
Above asking
The Franklin Farm housing market is currently classified as a strong seller's market with a median sale price of $975,000. Prices have risen 20.4% compared to last year, with homes spending an average of 12 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Franklin Farm?
The median home sale price in Franklin Farm is $975,000, up 20.4% from last year.
How long do homes stay on market in Franklin Farm?
Homes typically spend 12 days on market before going under contract.
Is Franklin Farm a buyer's or seller's market?
With 2.8 months of supply, Franklin Farm is currently a strong seller's market.
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