Housing in Franklin, PA is a hot commodity with a median value of $115,100. This value is significantly lower than the US House Median Value of $338,100. Furthermore, the US House Appreciation rate over the past year has been 8.27%, while in Franklin it's been 10.35%. This shows that people are investing in real estate in Franklin and it is an attractive place to live for those looking to get a good deal on their housing needs.
The median home cost in Franklin is $115,100. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Franklin is up 14.3%.
Average Age of Homes
- The median age of Franklin real estate is 78 years old
The Rental Market in Franklin
- Renters make up 37.9% of the Franklin population
- 1.7% 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.