Franklin County, Virginia has a 2026 one-unit conforming loan limit of $832,750, which is 3.5 times the county's median home value of $240,400, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $68,849 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $240,400 |
| Virginia median home value | $383,700 |
| Limit ÷ median home value | 3.46× |
| Median household income | $68,849 |
| Median home value ÷ income | 3.5× |
| Population | 55,130 |
| Median property tax paid (owners) | $1,196 |
| Effective property tax rate (approx.) | 0.50% |
| Owner-occupied homes | 78.5% |
| Home value rank in Virginia | 76 of 133 counties |
| Neighbor: Bedford County, VA | limit $832,750; median home $297,400 |
| Neighbor: Floyd County, VA | limit $832,750; median home $225,400 |
| Neighbor: Henry County, VA | limit $832,750; median home $134,800 |
| Neighbor: Patrick County, VA | limit $832,750; median home $153,400 |
| Neighbor: Pittsylvania County, VA | limit $832,750; median home $161,400 |
| Neighbor: Roanoke County, VA | limit $832,750; median home $286,000 |
Across Virginia's 133 counties, FHFA's 2026 one-unit limits range from $832,750 to $1,249,125, with 18 high-cost counties. Franklin County's median home value is 37% below the state median of $383,700 (rank 76 of 133). Among its 6 neighboring counties, Bedford County has the highest median home value ($297,400) and Henry County the lowest ($134,800); all share the same loan limit. Owners pay a median $1,196 a year in property tax, an effective rate of about 0.50% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Franklin County, PA
- 2026 conforming loan limit: Franklin County, TN
- 2026 conforming loan limit: Franklin County, TX
- 2026 conforming loan limit: Franklin County, VT
- 2026 conforming loan limit: Franklin County, WA
- 2026 conforming loan limit: Franklin Parish, LA
- 2026 conforming loan limit: Frederick County, MD
- 2026 conforming loan limit: Frederick County, VA
Last updated 2026-10-16. Data only, not financial or tax advice.