Franklin, Nebraska has a median house value of $114,200, much lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, and the house appreciation rate in Franklin, NE is higher at 10.45%. This demonstrates that Franklin is a great place for those looking to invest in housing; they can expect to see higher returns than the average within the United States.
The median home cost in Franklin is $114,200. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Franklin is up 15.2%.
Average Age of Homes
- The median age of Franklin real estate is 62 years old
The Rental Market in Franklin
- Renters make up 16.1% of the Franklin population
- 2.1% 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.