$339,950 New Construction
- 3 Beds
- 2.5 Baths
- 1,825 Sq Ft
3740 Crescent Ridge Dr SW, Roanoke, VA 24018
Robert Fralin R FRALIN & ASSOCIATES INC
4
Franklin-Colonial Townhomes for Sale
-
3740 Crescent Ridge Dr SW, Roanoke, VA 24018
-
Explore Franklin-Colonial
-
$379,900
- 2 Beds
- 2.5 Baths
- 1,678 Sq Ft
3823 Greenway Dr SW, Roanoke, VA 24018
3823 Greenway Dr SW, Roanoke, VA 24018Mack Garmon RE/MAX REAL ESTATE ONE
-
$317,950 New Construction
- 3 Beds
- 2.5 Baths
- 1,784 Sq Ft
3732 Crescent Ridge Dr SW, Roanoke, VA 24018
3732 Crescent Ridge Dr SW, Roanoke, VA 24018Robert Fralin R FRALIN & ASSOCIATES INC
-
$319,950 New Construction
- 3 Beds
- 2.5 Baths
- 1,695 Sq Ft
3736 Crescent Ridge Dr SW, Roanoke, VA 24018
3736 Crescent Ridge Dr SW, Roanoke, VA 24018Robert Fralin R FRALIN & ASSOCIATES INC
Why Live in Franklin-Colonial
Franklin-Colonial in Roanoke, Virginia, is a neighborhood known for its commercial activity and collegiate presence. The area is defined by its two main roads, Franklin Road and Colonial Avenue, which host a variety of fast food restaurants, shopping strips, and the Tanglewood Mall. The neighborhood is home to Virginia Western Community College, with a skywalk connecting its north and south campuses. Outdoor attractions include the Murray Run Greenway, a 2-mile trail leading to Shrine Hill Park, and the nearby Roanoke River Greenway and Mill Mountain Park, which features the iconic Roanoke Star. Homes in Franklin-Colonial range from 1950s red-brick ranch styles to modern New Traditional homes, offering views of the Roanoke Star and varied architectural styles. The area is bustling with commercial activity, particularly around Tanglewood Mall and Towers Shopping Center, which provide numerous shopping and dining options. Despite the commercial hustle, subdivisions within the neighborhood offer quieter, suburban living. The neighborhood is safer than the national average, providing a sense of security for residents. While not particularly pedestrian-friendly due to heavy car traffic, Franklin-Colonial offers convenient access to Interstate 581, downtown Roanoke, and the Roanoke-Blacksburg Regional Airport. Public transportation is available through Valley Metro bus routes, and the nearby Amtrak station connects residents to major cities.
Home Trends in Franklin-Colonial, VA
On average, homes in Franklin-Colonial, Roanoke sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin-Colonial, Roanoke over the last 12 months is $232,000, down 17% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$232,000
Median Single Family Sale Price
$324,900
Median 1 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$210
Number of Homes for Sale
6
Last 12 months Home Sales
27
Months of Supply
2.70
Median List Price
$324,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-17%
In Franklin-Colonial, there are currently 4 townhouses for sale, offering a variety of options for potential buyers. With townhouses ranging from $317,950 to $379,900, there's something for every budget. As of August, 2025 the median home price in Franklin-Colonial, Roanoke is $324,900, while the average sale price is $280,518, providing insight into local market trends. On average, townhouses spend 56 days on the market before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options available to suit your needs. Browse properties and townhomes for sale in Franklin-Colonial, Roanoke, and discover the ideal residence to fit your needs.
Franklin-Colonial Types of Homes for Sale
Franklin-Colonial Real Estate Listings
More About Living in Franklin-Colonial
Homes in Nearby Neighborhoods
Homes in Nearby Cities
Copyright © 2025 CoStar Group
