Franklin Farm, VA

Full City Profile · Virginia · Fairfax city County

4.8 /5.0
A+ Excellent
18,509 Population 3,897/sq mi density
$210,169 Median Income $86,186 per capita
$810,600 Home Value $807,237 Zillow
$2,697 Median Rent 28.3% income on rent
56°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.9 / 5.0
$210,169 median income, 2.6% unemployment
A+
Affordability
4.5 / 5.0
$810,600 home value, $2,697/mo rent
A+
Education
5.0 / 5.0
78.0% bachelor's degree or higher

Housing Overview

Median Home Value
$810,600
188% above
US avg: $281,900
Median Rent
$2,697/mo
132% above
US avg: $1,163/mo
Homeownership Rate
92.8%
42% above US avg (65.4%)
Total Housing Units
6,202
Median year built: 1985

Home Value by Source

Census Median
$810,600
Zillow (ZHVI)
$807,237
Redfin Median Sale
$975,000
Median Sale Price
$975,000
Median List Price
$894,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

92.8%
Owner-Occupied
7.2%
Renter-Occupied
93%
7%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $2,697/mo

Market Indicators (Redfin)

Median Sale Price
$975,000
Median Days on Market
12 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
7.1%
of listings with price reduction
Price Per Sq Ft
$358
Active Inventory
14
homes for sale

Affordability & Housing Stock

Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
92.8%

Complete Housing Data

Home Values

Census Median Value$810,600
Zillow Home Value (ZHVI)$807,237
Redfin Median Sale$975,000
Median Sale Price$975,000
Median List Price$894,450
Price Per Sq Ft$358

Rent

Census Median Rent$2,697
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market12
Sale-to-List Ratio1.0%
Price Drops7.1%
Homes Sold5
Active Inventory14
Price Per Sq Ft$358

Ownership & Stock

Owner-Occupied92.8%
Renter-Occupied7.2%
Homeownership Rate92.8%
Total Housing Units6,202
Median Year Built1985
Rent Burden28.3%