Franklin, NY County is a great place to purchase a home. The current median value of housing is $162,800, which is significantly lower than the US House median value of $338,100. In the past year, houses in Franklin have appreciated at 9.31%, slightly higher than the US average appreciation rate of 8.27%. This is an indication that Franklin real estate will continue to appreciate in value and might be a good investment for those looking to buy a home.
The median home cost in Franklin County is $162,800. Home appreciation the last 10 years has been 62.4%. Home Appreciation in Franklin County is up 14.4%.
Average Age of Homes
- The median age of Franklin County real estate is 53 years old
The Rental Market in Franklin County
- Renters make up 21.4% of the Franklin County population
- 0.8% 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.