The housing market in Franklin, OH County is quite strong. The median value of a home in the county is $253,900, which is significantly lower than the US median value of $338,100. Furthermore, the one-year house appreciation rate in Franklin, OH County stands at 9.40%, which is higher than the US average of 8.27%. This shows that the real estate market in Franklin County has been growing steadily over the last year and could continue to do so into the future. With such strong growth opportunities and relatively low home prices compared to other parts of the country, now may be a great time to consider investing or purchasing a home in Franklin County.
The median home cost in Franklin County is $253,900. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Franklin County is up 15.5%.
Average Age of Homes
- The median age of Franklin County real estate is 42 years old
The Rental Market in Franklin County
- Renters make up 40.5% of the Franklin County population
- 2.0% of houses and apartments in Franklin County, 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.