Search Results in Franklin, VA

Current Market Conditions in Franklin, VA

As of now, Franklin has seen a stable real estate market characterized by moderate prices and a healthy supply of homes. The area is attracting both families and retirees due to its affordability and quality of life. Recent growth in local economic efforts, particularly in small businesses, bodes well for steady demand in the housing market.

The housing market in Franklin is witnessing an uptick in interest, especially among first-time home buyers and those looking for vacation properties. The city's tranquil lifestyle combined with active local development has led to a balanced market, where buyers have a good selection of homes without the intense competition found in larger urban areas.

Rent Prices In Franklin, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, VA, is on a rollercoaster ride. The average rent price in Franklin, VA, is $1,121.00. Indeed, when looking to rent in Franklin, VA, you can expect to pay as little as $580.00 or as much as $3,720.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Franklin, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.