Franklin Town, MA is a great place to live with its median housing value standing at $585,900. This is significantly higher than the US median house value of $338,100, indicating an upscale housing market in Franklin Town. Furthermore, the house appreciation rate in Franklin Town over the past year has been 8.56%, higher than the national rate of 8.27%. This is reflective of the strong demand for housing in this area and suggests that real estate prices will continue to increase in the future.
The median home cost in Franklin Town is $585,900. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Franklin Town is up 11.8%.
Average Age of Homes
- The median age of Franklin Town real estate is 33 years old
The Rental Market in Franklin Town
- Renters make up 20.0% of the Franklin Town population
- 1.7% of houses and apartments in Franklin Town, 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.