Data as of March 2026. Source: Realtor.com.
The FRANKLIN, VA real estate market (23851) currently shows 55 active listings, with 1 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.
Homes are selling faster, averaging 50 days on market compared to 54 days last year.
The median listing price has fallen 12.2% year-over-year, from $314,450 to $276,000.
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 March 2026, there are 55 active listings in FRANKLIN, VA (zip code 23851), compared to 38 the prior year.
The median listing price in FRANKLIN, VA 23851 is $276,000 as of March 2026, a 12.2% decrease from $314,450 the prior year.
Homes in FRANKLIN, VA 23851 spend an average of 50 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FRANKLIN, VA 23851 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, VA 23851 save an estimated $5,520 compared to a typical 5% commission on the median listing price of $276,000. 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.