2025 Compare Cities Housing:
Franklin, NC vs Wake Forest, NC

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Highlights
- The median age of a home in Franklin is 61.9% older than the median age of a home in Wake Forest.
 Franklin, NCWake Forest, NCUnited States
 Median Home Age42  Unlock42
 Median Home Cost  Unlock$483,600$338,100
 Home Appr. Last 12 months22.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.1%57.0%
 Home Appr. Last 10 yrs.106.2%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned50.1%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented35.4%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Franklin, NCWake Forest, NCUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$1,380  Unlock$2,160
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 Vacant Housing
 Franklin, NCWake Forest, NCUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold1.3%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other6.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Franklin, NCWake Forest, NCUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9992.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9992.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99927.3%  Unlock11.3%
 $150,000 to $199,999  Unlock7.6%13.0%
 $200,000 to $299,99911.9%  Unlock20.1%
 $300,000 to $399,999  Unlock31.8%13.6%
 $400,000 to $499,9994.9%  Unlock8.3%
 $500,000 to $749,999  Unlock7.8%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Franklin, NCWake Forest, NCUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock35.4%13.6%
 2000 to 200911.1%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 198919.0%  Unlock13.2%
 1970 to 1979  Unlock3.6%14.8%
 1960 to 196911.7%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19493.3%  Unlock4.7%
 1939 or Earlier  Unlock1.7%12.2%
Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

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Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

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Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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