The housing market in 55333 Franklin, MN is slightly below the US median value of $338,100. The median value of housing in the area is $128,200 and the one year house appreciation rate is 6.82%, which is lower than the average appreciation rate of 8.27% throughout the US. This could be an indication that this area may not be as desirable for potential buyers.
The median home cost in Franklin (zip 55333) is $128,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Franklin (zip 55333) is up 11.0%.
Average Age of Homes
- The median age of Franklin (zip 55333) real estate is 61 years old
The Rental Market in Franklin (zip 55333)
- Renters make up 24.1% of the Franklin (zip 55333) population
- 0.0% of houses and apartments in Franklin (zip 55333), 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.