Franklin, IN County boasts a high median housing value of $248,100, which is significantly lower than the US median of $338,100. Despite this smaller number, the county has seen an impressive 9.99% appreciation in house values over the past year, which is higher than the 8.27% national average rate of appreciation over the same period. This shows that Franklin is a great place to invest in real estate due to its high value and potential for growth.
The median home cost in Franklin County is $248,100. Home appreciation the last 10 years has been 66.4%. Home Appreciation in Franklin County is up 14.6%.
Average Age of Homes
- The median age of Franklin County real estate is 40 years old
The Rental Market in Franklin County
- Renters make up 18.6% of the Franklin County population
- 1.3% of houses and apartments in 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.