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Median Home Price in Franklin, VA

The median home value in Franklin, VA is $252,009 as of 2026-06-30, up 1.82% from a year earlier.

Median Home Value

$252,009

Year-over-Year

+1.82%

Population

8,469

Franklin ranks #48 of 62 Virginia cities tracked here by median home value, and sits 24.5% below the state's city median of $333,830. It sits in Southampton County, where the county-wide median is $279,327.

Crime in Franklin

Franklin police recorded a violent crime rate of 460 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,539 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Franklin

How much does a house cost in Franklin, VA?

The median home value in Franklin is $252,009. That's up 1.82% from a year earlier. That is about 24.5% below the typical county in Virginia.

Is Franklin expensive compared to the surrounding area?

Homes in Franklin are cheaper than Southampton County as a whole, where the median is $279,327 — a difference of about 9.8%.

Is Franklin a safe place to live?

Franklin police reported 460 violent crimes per 100,000 residents, covering a population of about 8,469. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in VA

Portsmouth · Lynchburg · Farmville · Petersburg · Hopewell · Wytheville · Bristol · Buena Vista