Above, you'll find an overview of the real estate market in Franklin, VA. Generally, real estate in the Franklin, VA area is more affordable in Virginia, as the median price of a home in Franklin, VA is $171,700, which is 31% lower than the Virginia average. The median rental price in Franklin, VA is $850. This is 25% lower than the average rental price in Virginia. Home owners comprise 49.7% of the population of Franklin, VA, where an average of 2.4 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Franklin, VA. Below, you can search for real estate listings in Franklin, VA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.