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Median sale price
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ZIP 23851 in Franklin, VA: housing market trends

The median home sale price in ZIP 23851 in Franklin, VA was $248,117 for the three-month period ending September 2026. Sale prices were 3.8% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$248,117
three-month period ending September 2026
Median sale price per sq ft
$160.03
three-month period ending September 2026
Active listings
155
three-month period ending September 2026
Typical monthly rent
$1,325
Rent index · August 2026

How is housing inventory changing?

There were 155 active listings for the three-month period ending September 2026. Active listings were 19.2% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 55 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 23851 in Franklin, VA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$248,117$160.0357
Single-familySeptember 2026$297,375$153.5841
TownhousesSeptember 2026$237,990$165.033 · small sample
Condos / co-opsSeptember 2026$235,243$163.1412
Multifamily (2–4 units)September 2026$135,000$66.831 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 23851 in Franklin, VA
MarketMedian sale priceReporting period / source
Franklin, VA$244,0743 months ending September 2026 · Redfin
Courtland, VA$280,0003 months ending August 2026 · Redfin
Carrsville, VA$177,5003 months ending July 2026 · Redfin
Sedley, VA$258,3773 months ending September 2026 · Redfin
Newsoms, VA$214,8983 months ending September 2026 · Redfin
Zuni, VAUnavailableMonth ending unavailable date · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 23851 in Franklin, VA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$248,117$160.03155
August 2026$262,495$163.25138
July 2026$255,000$163.17129
June 2026$275,000$162.87132
May 2026$244,990$149.76130
April 2026$265,000$142.38127
March 2026$265,000$140.35127
February 2026$245,000$156.99119
January 2026$245,000$156.99104
December 2025$237,053$156.72104
November 2025$257,425$159.61110
October 2025$253,425$163.05121
September 2025$258,000$163.59130
August 2025$253,550$162.89136
July 2025$251,935$159.44138
June 2025$263,103$159.30140
May 2025$275,000$163.56140
April 2025$339,990$159.50130
March 2025$282,450$158.30133
February 2025$292,000$156.47134
January 2025$282,450$160.09131
December 2024$279,000$156.67126
November 2024$279,000$152.12121
October 2024$307,000$150.71119

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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