Population: 12,983 · Density: 46.1/mi² · Median household income: $61,416
Typical home value: $203,039 · Homeownership: 62.5%
Data as of January 2026. Source: Realtor.com.
The FRANKLIN, VA real estate market (23851) currently shows 42 active listings, with 1 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 58 days on market compared to 60 days last year.
The median listing price has fallen 1.7% year-over-year, from $299,950 to $295,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23851 | Franklin, VA 23851 | 0.0 mi | 42 | $12,249,846 | $295,000 | $291,663 |
| 23437 | Suffolk, VA 23437 | 8.7 mi | 19 | $8,906,858 | $429,900 | $468,782 |
| 23837 | Courtland, VA 23837 | 10.3 mi | 14 | $4,936,260 | $299,900 | $352,590 |
| 23878 | Sedley, VA 23878 | 12.7 mi | 4 | $1,275,900 | $314,950 | $318,975 |
| 23827 | Boykins, VA 23827 | 14.1 mi | 3 | $684,900 | $159,999 | $228,300 |
| 23438 | Suffolk, VA 23438 | 15.3 mi | 10 | $5,792,400 | $624,450 | $579,240 |
| 27877 | Severn, NC 27877 | 15.9 mi | 3 | $670,251 | $223,417 | $223,417 |
| 27862 | Pendleton, NC 27862 | 16.9 mi | 2 | $400,000 | $200,000 | $200,000 |
| 27986 | Winton, NC 27986 | 18.2 mi | 3 | $555,000 | $185,000 | $185,000 |
| 23487 | Windsor, VA 23487 | 19.0 mi | 14 | $7,634,130 | $527,490 | $545,295 |
| 23434 | Suffolk, VA 23434 | 20.6 mi | 176 | $70,559,808 | $375,000 | $400,908 |
| 23844 | Drewryville, VA 23844 | 21.0 mi | 1 | $160,000 | $160,000 | $160,000 |
| 27926 | Corapeake, NC 27926 | 21.8 mi | 2 | $950,000 | $475,000 | $475,000 |
As of January 2026, there are 42 active listings in FRANKLIN, VA (zip code 23851), compared to 47 the prior year.
The median listing price in FRANKLIN, VA 23851 is $295,000 as of January 2026, a 1.7% decrease from $299,950 the prior year.
Homes in FRANKLIN, VA 23851 spend an average of 58 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKLIN, VA 23851 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, VA 23851 save an estimated $5,900 compared to a typical 5% commission on the median listing price of $295,000. 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.