Home prices
The median home in Franconia is valued at $421,100. In comparison to its nearby areas this is about $56,160 (11%) lower.Compared to the US as a whole it is approximately $203,600 (93%) higher, and compared to the city of Washington is approximately $180,400 (29%) lower.
Rents
In Franconia the median monthly rent is $2,066. This is about $104 (4%) lower in comparison to its nearby areas.In comparison to the entire country it is roughly $1,004 (94%) higher, and in comparison to the city of Washington it is approximately $525 (34%) higher.
Nearby places
Kingstowne
Kingstowne is Franconia's neighbor to the southeast. Its housing prices are a little more expensive. The price of the median home in Kingstowne is $486,300, which works out to $65,200 (13%) higher than Franconia. The rent there is similar. Kingstowne's median rent is $2,089 per month, which is $23 (1%) higher than Franconia.
Springfield
Springfield is Franconia's neighbor to the northwest. Housing prices there are a bit more expensive. Springfield's median home value is $468,100, which works out to $47,000 (10%) higher than Franconia. The rent there is similar. The median monthly rent in Springfield is $2,102, which comes out to $36 (1%) higher than Franconia.
Newington
Newington is Franconia's neighbor to the southwest. Real estate prices there are a bit more expensive. The price of the median home in Newington is $455,800, which is $34,700 (7%) higher than Franconia. Rents there are a little more expensive. The median rent in Newington is $2,221 a month, which comes out to $155 (6%) higher than Franconia.
Hayfield
Hayfield is about 1 mile southeast of Franconia. Real estate prices there are somewhat more expensive. The median home in Hayfield costs $532,500, which works out to $111,400 (20%) higher than Franconia. Rents there are a little more expensive. The median rent in Hayfield is $2,826 per month, which works out to $760 (26%) higher than Franconia.
Groveton
Groveton is approximately 2 miles east from Franconia. Its real estate prices are a little more expensive. Groveton's median home price is $443,600, which works out to $22,500 (5%) higher than Franconia. Rents there are a little less expensive. In Groveton the median monthly rent is $1,610, which is $456 (28%) lower than Franconia.
