Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Franconia area can be challenging. Home prices in Franconia are now at a median cost of $503,819, higher than the Virginia average of $323,261.
The average cost of rent is $2,425/mo in Franconia, primarily driven by the current value of real estate in the Franconia area. While nearly 17.08% of residents own their homes outright in Franconia, 21.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Franconia is $12,414 per month. Households that rent pay about 19.54% of their income on rent here. Franconia's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Springfield, VA: equally priced homes
- Lincolnia, VA: higher priced homes
- Alexandria, VA: equally priced homes
- Newington, VA: equally priced homes
- Jefferson Manor, VA: less expensive homes
- Mount Vernon, VA: higher priced homes
- Fort Belvoir, VA: equally priced homes
- West Springfield, VA: equally priced homes
- Huntington, VA: less expensive homes
- Belle View, VA: higher priced homes
Cities with Similar Populations
- Needham, MA: higher priced homes
- Poplar Bluff, MO: less expensive homes
- Ponchatoula, LA: less expensive homes
- Plattsburgh, NY: less expensive homes
- Piedmont, SC: less expensive homes
- Pewaukee, WI: less expensive homes
- Ozark, MO: less expensive homes
- Oswego, NY: less expensive homes
- Orchard Park, NY: less expensive homes
- Oconomowoc, WI: less expensive homes
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