Franklin County Home Sale Prices Continue to Rise

3 bedroom, 2.5 bath home with 2 car garage, large drive, manicured yard with mature landscaping and a fully-fenced backyard in Fairfax.MLS# 4775197
 Median Sale PriceAverage Sale PriceUnits SoldNewly ListedDays on Market
Single-Family $232,700 (13%) $233,852 (9.2%)416 (-5%)658 (-3.4%)97 (-8.5%)
Condos$189,500 (5.9%) $200,391 (0.2%)38 (-24%)53 (8.2%)128 (-38.8%)
Multi-Family$180,670 (-9.2%) $208,646 (1.3%)33 (6.5%)51 (6.3%)85 (-34.1%)
Land$75,250 (40.7%) $98,343 (42.1%)30 (-11.8%)135 (26.2%)184 (-11.1%)

The prices of homes sold continue to increase over 2018. Homeowners, considering the sale of their property may want to act now in order to optimize their gains.  

Franklin County offers a variety of housing options and price points from city homes in St. Albans, suburban developments in Fairfax, country homes in Georgia and Swanton – or mountain living in Montgomery. Buyers may have a bit more breathing room when deciding to purchase in Franklin County – but don’t wait too long – homes and investment properties are selling on average in only 3 months on the market.