The housing market in Franklin, ID (83237) is thriving. The median value of a house in Franklin is $360,800 which is 7.1% higher than the US House median value of $338,100. Furthermore, the one year appreciation rate of homes in Franklin is 15.93%, much higher than the US one year appreciation rate of 8.27%. This indicates that real estate is an attractive investment opportunity for those looking to purchase a home in this area.
The median home cost in Franklin (zip 83237) is $360,800. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Franklin (zip 83237) is up 21.2%.
Average Age of Homes
- The median age of Franklin (zip 83237) real estate is 28 years old
The Rental Market in Franklin (zip 83237)
- Renters make up 31.2% of the Franklin (zip 83237) population
- 0.0% of houses and apartments in Franklin (zip 83237), 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.