Housing in South Franklin, PA is significantly more affordable than the US median value, with the median value in South Franklin at $254,200 compared to $338,100 nationally. While the US housing appreciation rate for the year was 8.27%, South Franklin's rate of 5.30% was slightly lower, providing buyers with competitively priced properties that still retain some value. With its lower costs and marginally lower appreciation rate, South Franklin provides an attractive option for those looking to purchase a home.
The median home cost in South Franklin is $254,200. Home appreciation the last 10 years has been 55.9%. Home Appreciation in South Franklin is up 10.9%.
Average Age of Homes
- The median age of South Franklin real estate is 39 years old
The Rental Market in South Franklin
- Renters make up 9.6% of the South Franklin population
- 0.0% of houses and apartments in South 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.