Data as of September 2026. Source: Realtor.com.
The FRANKLIN, VA real estate market (23851) currently shows 60 active listings. Homes are averaging 53 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
The median listing price has fallen 1.4% year-over-year, from $296,750 to $292,450.
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 September 2026, there are 60 active listings in FRANKLIN, VA (zip code 23851), compared to 45 the prior year.
The median listing price in FRANKLIN, VA 23851 is $292,450 as of September 2026, a 1.4% decrease from $296,750 the prior year.
Homes in FRANKLIN, VA 23851 spend an average of 53 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FRANKLIN, VA 23851 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, VA 23851 save an estimated $5,849 compared to a typical 5% commission on the median listing price of $292,450. 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.