South Franklin, VA Housing Market

Homes for sale

The South Franklin housing market is very competitive. The median sale price of a home in South Franklin was $287K last month, up 3.6% since last year. The median sale price per square foot in South Franklin is $180, up 42.3% since last year.

Trends
Demand
Schools
Climate
Transportation

South Franklin Housing Market Trends

What is the housing market like in South Franklin today?

In August 2023, South Franklin home prices were up 3.6% compared to last year, selling for a median price of $287K. On average, homes in South Franklin sell after 5 days on the market compared to 4 days last year. There were 2 homes sold in August this year, down from 9 last year.

$244K

Sale Price

-12.4%
since last year

$180

Sale $/Sq. Ft.

+42.3%
since last year

Over List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the South Franklin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Christiansburg add value to a home.

How hot is the South Franklin housing market?

South Franklin is very competitive. Homes sell in 5 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 5 days.
Hot homes
can sell for about 3% above list price and go pending in around 2 days.

Home offer insights for South Franklin

Explore recent offers and recently sold homes in South Franklin

Recent offers

View houses in South Franklin that sold recently

Recently sold homes

SOLD SEP 26, 2023
$315,000 Last Sold Price
3 Beds
2 Baths
1,769 Sq. Ft.
210 Gum Dr, Christiansburg, VA 24073
List Price
$305,000
Sale to List
3% over list
Days on Market
31 days
210 Gum Dr, Christiansburg, VA 24073
SOLD SEP 1, 2023
$389,900 Last Sold Price
4 Beds
3 Baths
2,646 Sq. Ft.
165 Overland Dr, Christiansburg, VA 24073
List Price
$389,900
Sale to List
0% over list
Days on Market
61 days
165 Overland Dr, Christiansburg, VA 24073
SOLD AUG 31, 2023
$175,000 Last Sold Price
3 Beds
2 Baths
1,152 Sq. Ft.
195 Jones St, Christiansburg, VA 24073
List Price
$172,500
Sale to List
1% over list
Days on Market
35 days
195 Jones St, Christiansburg, VA 24073
SOLD AUG 30, 2023
$244,000 Last Sold Price
3 Beds
1 Bath
1,350 Sq. Ft.
225 Kimball Ln, Christiansburg, VA 24073
List Price
$234,900
Sale to List
4% over list
Days on Market
30 days
225 Kimball Ln, Christiansburg, VA 24073
SOLD JUN 20, 2023
$330,000 Last Sold Price
4 Beds
3 Baths
2,040 Sq. Ft.
130 Edgewood Dr, Christiansburg, VA 24073
List Price
$305,000
Sale to List
8% over list
Days on Market
41 days
130 Edgewood Dr, Christiansburg, VA 24073
SOLD JUN 15, 2023
$47,500 Last Sold Price
—Beds
—Baths
—Sq. Ft.
TBD Oakland Dr, Christiansburg, VA 24073
List Price
$50,000
Sale to List
5% under list
Days on Market
124 days
TBD Oakland Dr, Christiansburg, VA 24073
SOLD MAY 19, 2023
$307,000 Last Sold Price
5 Beds
2.5 Baths
2,200 Sq. Ft.
85 Overland Dr, Christiansburg, VA 24073
List Price
$315,000
Sale to List
3% under list
Days on Market
99 days
85 Overland Dr, Christiansburg, VA 24073
SOLD MAY 18, 2023
$292,500 Last Sold Price
3 Beds
3 Baths
2,100 Sq. Ft.
295 Mulberry Dr, Christiansburg, VA 24073
List Price
$302,500
Sale to List
3% under list
Days on Market
62 days
295 Mulberry Dr, Christiansburg, VA 24073
See all recently sold homes in South Franklin.
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Schools in South Franklin

Learn about schools in the South Franklin area

Elementary
Middle
High

GreatSchools Rating

7/10

Falling Branch Elementary School

Public • PreK-5

522

Students

5 reviews

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 South Franklin housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Franklin.

Risk Factor

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in South Franklin

Learn about the walkability, bikeability, and transit-friendliness of South Franklin

More Real Estate Resources for South Franklin

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