Franklin (Delaware County), NY is an area with a flourishing housing market. The median value for housing in Franklin is $238,500, which is significantly lower than the US median value of $338,100. Despite the lower median value, Franklin has seen an 8.92% appreciation in house values over the past year, which outpaces the US average of 8.27%. This indicates that homes in Franklin are becoming more expensive and sought-after. With such a promising housing market, Franklin (Delaware County), NY is proving to be an excellent place to invest in real estate.
The median home cost in Franklin town (Delaware County) is $238,500. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Franklin town (Delaware County) is up 14.8%.
Average Age of Homes
- The median age of Franklin town (Delaware County) real estate is 67 years old
The Rental Market in Franklin town (Delaware County)
- Renters make up 10.1% of the Franklin town (Delaware County) population
- 1.1% of houses and apartments in Franklin town (Delaware 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.