Franktown

Franktown

Located in Northampton County

23354

$580,970 Average Value
4 Homes For Sale

Franktown is a small community with a wealth of tranquil nature

Franktown has come a long way since its founding as a stagecoach stop on Virginia’s Eastern Shore. “Seafood and agriculture are historically the legacy businesses there,” says Shaun Sterling, a Realtor with Long & Foster Real Estate who has sold scores of properties in the area. “Although those play a role in the local economy, people are now doing an assortment of things like commuting to other places on the shore for work.” The rural community sits just a few blocks away from the Lankford Highway, connecting it with larger towns like Nassawadox and Exmore, but its rural location plays a central role in shaping its outdoorsy charm.

Backyard recreation is central to living in Franktown

Due to the community’s rural character and abundance of private farmland, Franktown doesn’t have any parks of its own. However, Nassawadox Creek creates plenty of opportunities for outdoor recreation. Many Franktown properties have piers in their backyards, meaning that fishing trips and boat rides can be launched from home. Houses located along rural lanes like Wellington Neck Road often include expansive yards, which may consist of open farmland or wide stretches of green fields.

Franktown features a small but diverse housing stock

The oldest properties in Franktown date to the early 1800s, but the majority were built from the 1910s to the 1930s in Colonial Revival, Dutch Colonial and ranch styles. “There are multigenerational families living there, but the dominant real estate theme is second homes,” Sterling says. “You’ve got a lot of waterfront properties and non-waterfront, too.” The median sale price for a single family home is $380,000, but Franktown’s limited number of homes means few properties come on the market.

Student engagement and dual enrollment at Northampton High

Students can start their education at Occohannock Elementary School, which receives a C rating from Niche, followed by Northampton Middle and Northampton High, both rated C-plus. Northampton High features smaller-than-average classroom sizes and dual enrollment through Eastern Shore Community College.

Nassawadox puts restaurants just around the corner from Franktown

While Franktown doesn’t have a business scene of its own, neighboring Nassawadox offers a small but diverse selection of restaurants. The Great Machipongo Clam Shack shares the Eastern Shore’s natural bounties through its fish and shellfish platters. The Little Italy Restaurant immerses visitors in an Italian-themed atmosphere through its paintings and its pizza and pasta dishes, although it also features an extensive list of Mexican offerings as well. Casa Hispana sells imported Mexican products as well as baked goods from Richmond’s La Sabrosita Bakery. For more groceries, a Food Lion is less than 5 miles away in Exmore.

The Lankford Highway connects Franktown to larger towns and cities

Franktown’s location along the Lankford Highway connects it to the beaches of Cape Charles within 20 miles and the natural attractions of Chincoteague within 50 miles. Virginia Beach is a 60-mile journey south. Franktown is also a 20-mile drive from the Riverside Shore Memorial Hospital in Onley.

Jacob Adelhoch
Written By
Jacob Adelhoch

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Franktown Housing Trends

Housing Trends

Median List Price
$2,200,000
Median Sale Price
$380,000
Median Change From 1st List Price
-3%
Last 12 months Home Sales
1
Median Home Sale Price YoY Change
-$13

Neighborhood Facts

Number of Homes for Sale
4
Months of Supply
48.00

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Franktown Has More Owners

Demographics

Total Population
19
Median Age
50
Population under 18
21.1%
On par with the national average
23.8%
Population over 65
31.6%
Above the national average
19.1%

Finances

Median Household Income
$39,999
Significantly below the national average
$71,702
Average Household Income
$60,583

Education and Workforce

High School Graduates
78.6%
Below the national average
89.1%
College Graduates
28.6%
Advanced Degrees
7.1%
% Population in Labor Force
53.3%
Below the national average
65.1%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
31°F
Average Summer High Temperature
87°F
Annual Snowfall
1''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Franktown