The housing market in Franklin (Franklin County), NY is flourishing. The median value of homes in the area is currently $235,600, which is well below the national median value of $338,100. However, while nationwide appreciation has been 8.27%, Franklin (Franklin County), NY has seen an impressive 12.09% increase in home values over the past year. This indicates that the local housing market is booming and many people are eager to invest in the area.
The median home cost in Franklin town (Franklin County) is $235,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Franklin town (Franklin County) is up 14.6%.
Average Age of Homes
- The median age of Franklin town (Franklin County) real estate is 43 years old
The Rental Market in Franklin town (Franklin County)
- Renters make up 3.4% of the Franklin town (Franklin County) population
- 0.0% of houses and apartments in Franklin town (Franklin 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.