$899K  
The Franklin City market saw sales spike 28.6% and it is currently in the midst of a solid upward sales trend, including nine homes sold over the last 30 days. The median sales price remained unchanged over the latest reporting period for Franklin City, coming in at $154,900. Despite the rising sales trend, with 10 months of inventory to work through, Franklin City is a still definite buyer's market.
Comments:

$499K  
The Franklin City market pulled back this week but was still better than normal as sales dropped 12.5% to seven homes sold over the last 30 days. In comparison, nearby Chesapeake City had 408 sales in the same time frame, the most of all neighboring counties. The median sales price dropped to $154,900 over the latest reporting period for Franklin City, down from $164,450. Along with the slip in sales, a relatively high 13 months of inventory indicates that Franklin City is a strong buyer's market.
Comments:

Franklin City is a small county in Virginia with 8,582 residents. Also, it has a higher than average density 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:

$183K  
The number of sellers reducing prices in the Franklin City market trended up to seven over the last 30 days, extending a three-week streak. During the same period, six sales were completed. The median sales price remained unchanged over the latest reporting period for Franklin City, coming in at $161,950. Franklin City is a solid buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

$514K  
The Franklin City market saw sales remain flat this week but it is currently in the midst of a confirmed upward sales trend, including eight homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices went up in Franklin City, with the median for this period rising from $66,000 to $161,950. Franklin City is a solid buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$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.
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