
Franklin Colonial, VA Housing Market
$350,774
5.5% 1-yrThe average Franklin Colonial, VA home value is $350,774, up 5.5% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Franklin Colonial Key Takeaways
Typical Home Values: $350,774
1-Year Value Change: +5.5%
(Data through August 31, 2026)
Franklin Colonial Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- South Roanoke$593,999
- Grandin Court$281,697
- Raleigh Court$329,663
- Wasena$247,677
- Southern Hills$281,228
- Old Southwest$300,034
- Mountain View$179,302
- Norwich$138,960
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Franklin Colonial Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Roanoke, VA?
The neighborhoods with the highest median home values in Roanoke, VA include: South Roanoke ($619,798), Greater Deyerle ($388,747), Cave Spring ($363,296), Franklin Colonial ($359,645), Raleigh Court ($337,400).
What are the most affordable neighborhoods in Roanoke, VA?
The neighborhoods with the lowest median home values in Roanoke, VA include: Fallon ($116,291), Gilmer ($120,061), Harrison ($120,423), Loudon-Melrose ($127,743), Hurt Park ($130,960).
Which Roanoke, VA neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Roanoke, VA include: Harrison (5.8%), Franklin Colonial (5.6%), Washington Heights (5.1%), South Roanoke (4.8%), Peachtree/Norwood (4.5%).
