Is Franklin Farm a buyer's or seller's market right now?

Franklin Farm is currently a seller's market with 2.8 months of supply. 100% of homes sell above asking price, and 55.6% go pending within two weeks. The Ridley Sell Score for Franklin Farm is 73/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Franklin Farm?

The median home price in Franklin Farm is $975,000, up 20.4% year-over-year. The median price per square foot is $358. Homes sell in a median of 12 days with a sale-to-list ratio of 103%.

How much does it cost to sell a home in Franklin Farm, Virginia?

On a $975,000 home in Franklin Farm, a traditional listing agent charges around $29,250 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $78,000 or more. With Ridley Essentials ($999) you save $28,251, and with Ridley Pro ($3,499) you save $25,751 while getting full agent support.

How does Ridley's flat fee compare to a traditional Franklin Farm agent?

A traditional Franklin Farm listing agent typically charges 3% of the sale price — about $29,250 on a $975,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $28,251–$25,751 compared to a traditional agent.

How long does it take to sell a home in Franklin Farm?

The median home in Franklin Farm currently spends 12 days on the market before going under contract, down 6% from last year. 55.6% of homes go pending within two weeks. At a 103% sale-to-list ratio, sellers are getting very close to or above asking price. Only 7.1% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Virginia?

No. Virginia does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $975,000 home, that could save you up to $25,751.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Virginia. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $29,250 commission.

National/Virginia

Franklin Farm, VA

Is Now a Good Time to Sell in Franklin Farm, Virginia?

The median home in Franklin Farm sells for $975,000 with prices up 20.4% year-over-year. The average seller pays $29,250 in commissions — Ridley’s flat fee saves you $25,751.

Franklin Farm Real Estate Market Conditions — April 2026

73out of 100

Ridley Sell Score

How it's scored →

Strong

73/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Franklin Farm favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessFavors sellers

2.8 months of supply — below the 5-month balanced threshold — 22% above the Virginia average of 2.3.

Price MomentumFavors sellers

Prices up 20.4% year-over-year — vs. +6.3% statewide.

Seller LeverageFavors sellers

Homes selling at 103% of asking — sellers are getting 3% above list on average. Virginia average is 97.6%.

Bidding ActivityFavors sellers

100% of homes selling above list price — 268% above the Virginia average of 27.2%.

Sale SpeedFavors sellers

12 median days on market — 56 days faster than the Virginia average.

Market UrgencyFavors sellers

55.6% of listings go pending within 2 weeks — vs. 30.1% statewide.

Price StabilityFavors sellers

Only 7.1% of listings have dropped their price — sellers are holding firm. Virginia average is 14.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$975,000

+20.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-6%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$358

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

103%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.8

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

100%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

7.1%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

55.6%

Fast-moving

12-Month Price Trend

$1,130,000 → $975,000

▼13.7%

$1.1M$1.0M$900K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Franklin Farm — delivered monthly.

Your savings

How much can you save selling your home in Franklin Farm?

The average Franklin Farm homeowner saves $25,751 by selling with Ridley instead of paying the traditional 3% listing commission on a $975,000 home.

$0Estimated savings

That could fund a full kitchen remodel — save 2.6% of your home value

Your Franklin Farm home value

$975,000

$50,000$10M

Traditional Agent (3%)

$29,250

Ridley Pro (flat fee)

$3,499

Ready to sell in Franklin Farm?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Franklin Farm?

The total cost to sell a house in Franklin Farm in 2026 ranges from $999 with Ridley Essentials to approximately $29,250 with a traditional 3% commission on a $975,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$29,250	$3,499	$999	$0
Buyer agent	$27,3002.8% avg	$19,500~2% avg	$19,500~2% avg	$27,3002.8% avg
Closing costs (~1.5%)	$14,625	$14,625	$14,625	$14,625
Total cost	$71,175	$37,624	$35,124	$41,925
Net proceeds	$903,825	$937,376	$939,876	$933,075
You save	—	$33,551	$36,051	$29,250No support