Housing in Franklin, WI is faring well compared to the US housing market as a whole. The median value of a house in Franklin is $348,200, which is substantially higher than the US median of $338,100. Furthermore, the one year house appreciation rate in Franklin is 11.17%, almost 3% higher than the US average of 8.27%. This implies that people who have invested in housing in Franklin are likely seeing positive returns on their investment.
The median home cost in Franklin is $348,200. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Franklin is up 14.2%.
Average Age of Homes
- The median age of Franklin real estate is 28 years old
The Rental Market in Franklin
- Renters make up 21.3% of the Franklin population
- 0.7% 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.