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Franklin County Home Values and Market Report

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Report prepared by Roanokepropertiesforsale.com Red Key Realty

Market at a glance

Over the last 12 months, homes sold for 95.5% of list price in 67 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $810K Sold · $768K
$830K$640K$450K$260K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 82 sales in Jun. Last month: 76.

Where the market stands

All homes in this report, by status.

1,447homes
Active558 · 39%
Under contract84 · 6%
Sold (12 mo)805 · 56%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$519K
Under contract$426K
Sold$515K

Average days on market

Active206 days
Under contract83 days
Sold67 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 558
Average list price $519,149
Avg. days on market 206 days
Avg. price per ft² $271
Avg. living area 2,558 ft²
Avg. beds / baths 3.4 / 3.0

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

73 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 176 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

264 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

289 Anthony Ford Rd$785
190 Tranquility Rd$693
2087 Merriman Way Rd$643
75 Dockside Cir Unit Unit 308$608
255 Upland Shores Dr$541
65 Woodbridge Cir Unit 1111$523
70 Clubhouse Towers Cir Unit 609$516

All active listings (558)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
242 Taylor Tyree RdRocky Mount, VA 24151 422,268$259,999$1140 days
99 Cherokee Hills RdBassett, VA 24055 321,175$259,900$2210 days
1047 Oyler RdHardy, VA 24101 211,276$400,000$3131 day
6833 Booker T WashingtonWirtz, VA 24184 311,322$299,000$2261 day
127 Village Green DrPenhook, VA 24137 221,416$549,900$3881 day
5513 Hardy RdHardy, VA 24101 331,809$419,000$2311 day
3876 Pleasant Hill RdRocky Mount, VA 24151 331,848$429,900$2321 day
20 Breeden CtHardy, VA 24101 342,820$549,900$1951 day
220 Sunny Field RdWirtz, VA 24184 332,719$569,900$2091 day
2087 Merriman Way RdMoneta, VA 24121 322,059$1,325,000$6432 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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