Housing in Franklin, AR is a great investment opportunity. The median value of homes in the area is $90,000, far below the US House Median Value of $338,100. What's even more impressive is that the 1 year House Appreciation rate in Franklin, AR is 15.07%, well above the US average rate of 8.27%. This means that those who invest in housing in Franklin, AR can expect to see returns much higher than elsewhere in the United States.
The median home cost in Franklin is $90,000. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Franklin is up 17.9%.
Average Age of Homes
- The median age of Franklin real estate is 46 years old
The Rental Market in Franklin
- Renters make up 31.0% of the Franklin population
- 0.0% of houses and apartments in Franklin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.