All Home Types
Franklin Farm, VA Housing Market
What is the housing market like in Franklin Farm today?
In October 2024, Franklin Farm home prices were down 0.4% compared to last year, selling for a median price of $750K. On average, homes in Franklin Farm sell after 8 days on the market compared to 27 days last year. There were 17 homes sold in October this year, up from 9 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$750,000
-0.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Franklin Farm, VA
$750,000
-0.4%
United States
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Franklin Farm Migration & Relocation Trends
In Sep '24 - Nov '24, 18% of Franklin Farm homebuyers searched to move out of Franklin Farm, while 82% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Franklin Farm from outside metros.
- Philadelphia homebuyers searched to move into Franklin Farm more than any other metro followed by New York and Hartford.
Where are people moving to Franklin Farm from?
- 82% of Franklin Farm homebuyers searched to stay within the Franklin Farm metropolitan area.
- Salisbury was the most popular destination among Franklin Farm homebuyers followed by Virginia Beach and Harrisburg.
Where are people from Franklin Farm moving to?
Number of People Moving to Franklin Farm
least
most
People are moving to Franklin Farm from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,327 | ||
| 2 | 2,017 | ||
| 3 | 1,764 | ||
| 4 | 1,063 | ||
| 5 | 215 | ||
| 6 | 17 | ||
| 7 | 5 | ||
| 8 | 5 | ||
| 9 | 4 | ||
| 10 | 4 | ||
People are leaving Franklin Farm for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 4,673 | ||
| 2 | 2,097 | ||
| 3 | 1,595 | ||
| 4 | 1,339 | ||
| 5 | 1,287 | ||
| 6 | 1,227 | ||
| 7 | 981 | ||
| 8 | 858 | ||
| 9 | 727 | ||
| 10 | 695 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Franklin Farm.
Provided by First Street Foundation
Transportation in Franklin Farm
Learn about the walkability, bikeability, and transit-friendliness of Franklin Farm
Car-Dependent
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Minimal Transit
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Bikeable
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