The Franconia housing market is very competitive. The median sale price of a home in Franconia was $537K last month, up 3.2% since last year. The median sale price per square foot in Franconia is $371, up 5.4% since last year.
What is the housing market like in Franconia today?
In March 2024, Franconia home prices were up 3.2% compared to last year, selling for a median price of $537K. On average, homes in Franconia sell after 5 days on the market compared to 23 days last year. There were 22 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$536,500
+3.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Franconia, VA
$536,500
+3.2%
United States
To compare other locations to the Franconia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Franconia add value to a home.
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How hot is the Franconia housing market?
Franconia is very competitive. Homes sell in 6 days.
0
100
89
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 6 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Franconia
Explore recent offers and recently sold homes in Franconia
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$600K Offer
Sold for $650K
3bd | 3ba | ~2,250sqft
Over List Price
0%
Days on Market
7
Competing Offers
13
Offer
All Cash
Jake Barney
Franconia Redfin Agent
We offered all cash and $25K above list. Their were 14 total offers and most waived contingencies.
Offer Not Accepted|
10 Weeks Ago
~$600K Offer
Sold for $650K
3bd | 3ba | ~2,250sqft
Over List Price
0%
Days on Market
4
Competing Offers
5
Offer
All Cash
Jake Barney
Franconia Redfin Agent
My buyers offered cash and escalated $13K above the list price with a void only inspection. There were 6 total offers and it escalated way higher than the sellers anticipated and with no contingencies.…
More
Offer Not Accepted|
12 Weeks Ago
~$750K Offer
Sold for $750K
3bd | 3.5ba | ~2,000sqft
Under List Price
3%
Days on Market
4
Competing Offers
7
Down Payment
~30%
Michelle Soto
Franconia Redfin Agent
Offer was rejected due to price. Clients waived all contingencies and had a short closing window.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Franconia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Franconia.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Franconia has a moderate risk of flooding. 679 properties in Franconia are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Franconia. Flood risk is increasing slower than the national average.
45% of properties are at risk of wildfire over the next 30 years
Fire Factor
Franconia has a moderate risk of wildfire. There are 2,707 properties in Franconia that have some risk of being affected by wildfire over the next 30 years. This represents 45% of all properties in Franconia.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Franconia has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Franconia is most at risk from hurricanes. 5,962 properties in Franconia have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.