FRANKLIN COUNTY HOUSING MARKET DATA

There was an increase in total units sold in September, with 68 sold this month in Franklin County Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is higher by 35 units or 20%. The total number of active inventory this September was 206 compared to 171 in September 2024. This month's total of 206 is higher than the previous month's total supply of available inventory of 203, an increase of 1%.

Last September, the median sale price for Franklin County Homes was $405,000. This September, the median sale price was $486,200, an increase of 20% or $81,200 compared to last year. The current median sold price is 18% higher than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 3.0 months of supply available in Franklin County, compared to 3.8 in September 2024. That is a decrease of 20% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 71 homes newly listed for sale in Franklin County compared to 84 in September 2024, a decrease of 15%. There were 44 current contracts pending sale this September compared to 57 a year ago. The number of current contracts is 23% lower than last September.

In September, the average sale price in Franklin County was 98.4% of the average list price, which is 0.7% higher than at this time last year.

This month, the average number of days on market was 42, lower than the average last year, which was 51, a decrease of 18%.





FOCUS ON: FRANKLIN COUNTY HOUSING MARKET			SEPTEMBER 2025

Units Sold 68	Active Inventory 206	Median Sale Price $486,200	Days On Market 42

Up Vs. Year Ago	Up 20% Vs. Year Ago	Up 20% Vs. Year Ago	Down -18% Vs. Year Ago


		Units Sold There was an increase in total units sold in September, with 68 sold this month in Franklin County Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 35 units or 20%. The total number of active inventory this September was 206 compared to 171 in September 2024. This month's total of 206 is higher than the previous month's total supply of available inventory of 203, an increase of 1%.
		Median Sale Price Last September, the median sale price for Franklin County Homes was $405,000. This September, the median sale price was $486,200, an increase of 20% or $81,200 compared to last year. The current median sold price is 18% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 71	Current Contracts 44	Sold Vs. List Price 98.4%	Months of Supply 3.0

Down -15% Vs. Year Ago	Down -23% Vs. Year Ago	Up 0.8% Vs. Year Ago	Down -20% Vs. Year Ago


		Months of Supply In September, there was 3.0 months of supply available in Franklin County, compared to 3.8 in September 2024. That is a decrease of 20% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 71 homes newly listed for sale in Franklin County compared to 84 in September 2024, a decrease of 15%. There were 44 current contracts pending sale this September compared to 57 a year ago. The number of current contracts is 23% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Franklin County was 98.4% of the average list price, which is 0.7% higher than at this time last year. Days on Market This month, the average number of days on market was 42, lower than the average last year, which was 51, a decrease of 18%.



	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by Information included in this report is based on data supplied by the Roanoke Valley Association of REALTORS (RVAR) and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace as some brokerages choose not to provide transaction information. This may result in an understatement of completed sales and available listings. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of RVAR or Long & Foster Real Estate, Inc. or Long & Foster Real Estate, Inc.