The housing market in Franklinville, NY is thriving. The median value for homes in the area is $119,100 which is much lower than the US median of $338,100. In the last year, the US has seen an appreciation of 8.27%, while Franklinville has seen a house appreciation of 12.08%. This higher rate of appreciation reflects the strong demand there is for housing in Franklinville and suggests that this trend will continue in the near future.
The median home cost in Franklinville is $119,100. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Franklinville is up 14.6%.
Average Age of Homes
- The median age of Franklinville real estate is 67 years old
The Rental Market in Franklinville
- Renters make up 20.3% of the Franklinville population
- 0.6% of houses and apartments in Franklinville, 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.