Data as of July 2026. Source: Realtor.com.
The FRANKLIN, VA real estate market (23851) currently shows 63 active listings, with 1 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are selling faster, averaging 42 days on market compared to 46 days last year.
The median listing price has fallen 4.9% year-over-year, from $294,250 to $279,900.
Whether you are buying or selling in FRANKLIN, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 12,983 · Density: 46.1/mi² · Median household income: $61,416
Typical home value: $203,039 · Homeownership: 62.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23851 | Franklin, VA 23851 | 0.0 mi | 52 | $14,905,488 | $288,450 | $286,644 |
| 23437 | Suffolk, VA 23437 | 8.7 mi | 20 | $9,381,220 | $449,675 | $469,061 |
| 23837 | Courtland, VA 23837 | 10.3 mi | 18 | $6,475,626 | $316,175 | $359,757 |
| 23878 | Sedley, VA 23878 | 12.7 mi | 3 | $976,464 | $332,475 | $325,488 |
| 23827 | Boykins, VA 23827 | 14.1 mi | 4 | $1,159,732 | $334,900 | $289,933 |
| 23438 | Suffolk, VA 23438 | 15.3 mi | 13 | $7,162,246 | $575,000 | $550,942 |
| 27877 | Severn, NC 27877 | 15.9 mi | 2 | $443,416 | $221,708 | $221,708 |
| 27862 | Pendleton, NC 27862 | 16.9 mi | 2 | $400,000 | $200,000 | $200,000 |
| 27986 | Winton, NC 27986 | 18.2 mi | 4 | $1,388,668 | $290,000 | $347,167 |
| 23487 | Windsor, VA 23487 | 19.0 mi | 16 | $8,528,704 | $521,243 | $533,044 |
| 23434 | Suffolk, VA 23434 | 20.6 mi | 198 | $80,647,182 | $379,975 | $407,309 |
| 23844 | Drewryville, VA 23844 | 21.0 mi | 1 | $157,500 | $157,500 | $157,500 |
| 23897 | Yale, VA 23897 | 21.9 mi | 2 | $2,799,900 | $1,399,950 | $1,399,950 |
As of July 2026, there are 63 active listings in FRANKLIN, VA (zip code 23851), compared to 54 the prior year.
The median listing price in FRANKLIN, VA 23851 is $279,900 as of July 2026, a 4.9% decrease from $294,250 the prior year.
Homes in FRANKLIN, VA 23851 spend an average of 42 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of July 2026, FRANKLIN, VA 23851 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, VA 23851 save an estimated $5,598 compared to a typical 5% commission on the median listing price of $279,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.