Franklin County, VA Average Home Price (2026)
The average home price in Franklin County, Virginia is about $328,000 (the 2026 median across 10 ZIP codes, at ~$227/sq ft) — 3% more affordable than the Virginia median and 13% more expensive than the typical U.S. home.
How Franklin County compares
Franklin County is about average for housing nationally: its typical home costs $328,000 against $336,500 for Virginia and $289,000 for the U.S. Within the county, ZIP-level values run from about $227,000 to $854,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Franklin County | $328,000 | $227 |
| Virginia | $336,500 | $221 |
| United States | $289,000 | $193 |
Franklin County home prices by ZIP code
The 10 most valuable ZIP codes in Franklin County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 24176 Union Hall | $854,000 | $335 | +160% |
| 24137 Penhook | $541,000 | $415 | +65% |
| 24184 Wirtz | $461,000 | $261 | +41% |
| 24101 Hardy | $401,000 | $230 | +22% |
| 24065 Boones Mill | $332,000 | $198 | +1% |
| 24067 Callaway | $324,000 | $178 | -1% |
| 24092 Gladehill | $309,000 | $224 | -6% |
| 24151 Rocky Mount | $274,000 | $195 | -16% |
| 24088 Ferrum | $257,000 | $188 | -22% |
| 24102 Henry | $227,000 | $283 | -31% |
Home value appreciation in Franklin County
Home prices in Franklin County have risen about 87% over the last 10 years (≈6.5% a year) and +90.7% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +6.2% — still rising. A home worth $328,000 today was worth roughly $175,589 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Virginia is +74.6% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Franklin County
Run the numbers for Franklin County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Franklin County
To buy the typical $328,000 home in Franklin County with 20% down, you need a household income of roughly $89,000 a year (about $2,080 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $106,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,400 | $2,590/mo | $111,000/yr |
| 10% (+PMI) | $32,800 | $2,470/mo | $106,000/yr |
| 20% | $65,600 | $2,080/mo | $89,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Franklin County
At about $227 per square foot, here is roughly how much home different budgets get you in Franklin County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 660 sq ft | below the local median — condos, smaller or older homes |
| $200k | 880 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1100 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1320 sq ft | around the typical home here |
| $400k | 1760 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Virginia.
Estimate a specific home in Franklin County
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Franklin County home prices: frequently asked
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Browse all Virginia cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.