Median home value in zip code 23851 (Franklin, VA) is $240,279, up 0.6% year over year. Part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area.

Home Value$240,279

YoY Change

+0.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 23851 (Franklin).

Income (annual)

Down Payment

$48,056 on $240,279

Example: $75,000 household income. Change it above to see your own.

Affordable24.4% of income

Under the 28% guideline.

PITI$1,525

P/I24.4%

Afford$276K

Room+$35K

P&I $1,215Tax $176Ins $133

6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

23851 is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Virginia Beach-Norfolk-Newport News, VA-NC analysis

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