$499K  
While home sales in the Franklin City market have been above average, in this week's report they slid 11.1% to eight homes sold over the last 30 days. Within the same time period, Chesapeake City had 380 sales, the most of all counties in the area. The median sales price tumbled to $66,000, down from last week's $123,500. Franklin City is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$499K  
With seven homes sold in the Franklin City market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 16 new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Franklin City, coming in at $123,500. Franklin City is a strong buyer's market, due to a big 13 months of inventory left and aided by the flat sales.
Comments:

$269K  
Over the last 30 days, a confirmed upward trend of new sellers coming into the Franklin City market continued, with 17 listings in this week's report. Meanwhile, sales have risen as well, with seven homes selling during the same period. Potential buyers should note that prices went up in Franklin City, with the median for this period rising from $107,750 to $123,500. Franklin City is still a definite buyer's market, due to the availability of 13 months of remaining inventory, even after the uptick in sales.
Comments:

Franklin City is a county in Virginia. It's less affluent than average and the cost of living is average compared to the rest of the state, with a median income of $40,767 per household and cost of living adjustment score of 99.9. Franklin City is made up of homes that are considered relatively old with a median of 38 years. Heading the list of top schools in the county is Franklin High School.
Comments:

$499K  
Sales in the Franklin City market remained level with five homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with five price reductions in the same time frame. Pricing in Franklin City remains consistent from last week to this week, with the median sales price at $123,500 again. With no movement in sales and the availability of 18 months of inventory, Franklin City is a definite buyer's market.
Comments:

$529K  
Over the last 30 days, the Franklin City market picked up with four homes sold. To put it in perspective, close-by Chesapeake City registered 358 home sales in the same period, the most of all surrounding counties. The median sales price rose to $160,500, up from last week's $147,000. Franklin City is still a solid buyer's market, due to the availability of 24 months of remaining inventory, even after the uptick in sales.
Comments:

$125K  
The number of homes coming into the Franklin City market fell to 17 listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Potential buyers should note that prices went up in Franklin City, with the median for this period rising from $32,000 to $147,000. Franklin City is a definite buyer's market, thanks to a big 30 months of inventory to choose from and the flat sales.
Comments:

$109K  
On top of a new downward trend in sellers reducing price, including four markdowns over the last 30 days, sales in the Franklin City market fell to three over the same stretch of time. As the number of sellers reducing prices trended down, prices also took a turn lower, with the median sales price falling to a three-month low at $32,000. With prices falling, the availability of 29 months of inventory means that Franklin City is a definite buyer's market.
Comments:

Franklin City is a small county in Virginia with a population of 8,582 residents, and it has a higher than average density compared to the rest of the state, with 1,045.8 people per square mile. Keep in mind, 45.0% of the homes in Franklin City are owned, while 45.5% are rented. The top school in the county is Franklin High School.
Comments:

$319K  
The Franklin City market saw sales remain flat this week with five homes sold over the last 30 days, while new listings rose to 10. The median sales price dropped to $147,000, down from last week's $150,000. Franklin City is a solid buyer's market, thanks to a big 16 months of inventory to choose from and the flat sales.
Comments:
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