Home prices
The median home cost in Franklin is $164,100. This is roughly $40,080 (32%) higher in comparison to its nearby areas.It is approximately $53,400 (24%) lower compared to the country as a whole, and compared to the city of Virginia Beach it is about $116,700 (41%) lower.
Rents
Franklin's median rent is $860 per month. This is approximately $61 (7%) higher compared to nearby areas.In comparison to the rest of the country it is roughly $202 (19%) lower, and it is approximately $507 (37%) lower in comparison to the city of Virginia Beach.
Nearby places
Camptown
Camptown is Franklin's neighbor to the east. Real estate prices there are significantly less expensive. The value of the median home in Camptown is $55,000, which is $109,100 (198%) lower than Franklin. Rent there is similar. In Camptown the median monthly rent is $872, which comes out to $12 (1%) higher than Franklin.
Courtland
Courtland is about 6 miles west from Franklin. Real estate prices there are a bit more expensive. The median home in Courtland costs $176,300, which works out to $12,200 (6%) higher than Franklin. Rents there are significantly less expensive. Courtland's median rent is $331 a month, which works out to $529 (159%) lower than Franklin.
Newsoms
Newsoms is about 9 miles southwest of Franklin. Housing prices there are a bit less expensive. The median home in Newsoms costs $140,200, which is $23,900 (17%) lower than Franklin. Rent there is somewhat more expensive. The median rent in Newsoms is $938 per month, which is $78 (8%) higher than Franklin.
Windsor
Windsor is roughly 13 miles northeast from Franklin. The real estate prices there are fairly similar. The median home in Windsor costs $172,600, which is $8,500 (4%) higher than Franklin. Rent there is pretty similar. In Windsor the median rent is $903 per month, which works out to $43 (4%) higher than Franklin.
Como
Como is approximately 13 miles south from Franklin. Housing prices there are significantly less expensive. The median home cost in Como is $76,000, which works out to $88,100 (115%) lower than Franklin. Rent there is a bit more expensive. In Como the median monthly rent is $950, which is $90 (9%) higher than Franklin.
