Franklin, Virginia.
Typical home $250,368 (+1.5% in a year), asking rent $1,325 . Virginia Beach-Norfolk-Newport News, VA-NC metro.
to buy the typical home at today's mortgage rate — +$755 (+135%) since Jan 2020.
- 1 year
- Up $3,622 +1%
- $246,746$250,368 since Sep 2025
- 5 years
- Up $60,931 +32%
- $189,437$250,368 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Franklin$1,314
- Virginia$2,164
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Franklin, VA rose 1.5% over the past year — faster than the nation's +1.2%.
Living in Franklin, Southampton County, Virginia
Franklin is a city of 8,180 people in Southampton County. Half its households earn more than $63,245 a year and half less, against $70,795 across Southampton County; 19% of its people live below the poverty line. 54% of its homes are lived in by their owners and 46% are rented. Unemployment in Franklin was 5.4% in August 2026, and Southampton County had 2.8% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Franklin is a small city in Southampton County, in the flat country of southeastern Virginia. Its people are somewhat younger than in many towns where homeowners tend to retire, and incomes run below the county's. Homes are lived in by their owners somewhat more often than rented, though renting is common too, and more residents live below the poverty line than is typical. Winters are cool, with only a dusting of snow in most years, and summers are hot, with plenty of rain through the year.
Work. Most residents work in schools, hospitals and social care, with manufacturing, professional and business services, and retail also employing many. Among the largest workplaces in Franklin are Walmart, Franklin City Public Schools and Southampton Memorial Hospital. Unemployment is a little higher than a year ago, and the county has lost some jobs over the past year. A typical commute is moderate, and few people work from home.
Things to do. Much of what lies around Franklin is water and woodland. The Blackwater River and the Nottoway River are both a short drive away, and Antioch Pines Natural Area Preserve is also close by. A longer drive brings you to Merchants Millpond State Park, a protected area of wooded water.
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- 3,454households
- 27%of adults have a degree
- 19%below the poverty line
- 23 mintypical commute
- 5%work from home
What residents work in
Employed residents by industry, from the Census survey. Southampton County had 3,487 jobs in 2025, 2.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 50° and lows near 29°; warmest in July, with highs near 89° and lows near 69°. About 4 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Holland East weather station, 10 miles away (NOAA).
Largest workplaces in Franklin
- WalmartWarehouse clubs and supercenters269
- Franklin City Public SchoolsSchool district201FTE
- Southampton Memorial HospitalGeneral hospital166FTE
- Paul D Camp Community CollegeTwo-year college149
- Lowe's Companies, INCHomecenter114
- The Village at Woods EdgeAssisted-living facilities with on-site nursing facilities101
- Food LionGrocery stores72
- Wawa SiteConvenience store30
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 8 workplaces with 20 or more staff, 937 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- HurricanesRelatively high
- Strong windRelatively moderate
- Heat wavesRelatively moderate
- Ice stormsRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Franklin’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Southampton County and the Virginia Beach-Norfolk-Newport News, VA-NC metro.
Franklin home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Franklin$250,368
- Virginia$412,252
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Franklin listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Franklin25.44%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Franklin70
New listings per month
Sellers arriving at the market.
- Franklin14
Zip codes with a Franklin address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Franklin — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.