Franklin County, AL Housing

The housing market in Franklin, AL County is flourishing. The median value of houses in the area is currently $143,500 which is significantly lower than the US house median value of $338,100. Additionally, there has been an impressive house appreciation rate of 12.68% over the past year compared to the US 1 year house appreciation rate of 8.27%. This phenomenon indicates that buying a house in Franklin, AL County is a great investment opportunity that potential buyers should definitely consider for their future!

The median home cost in Franklin County is $143,500. Home appreciation the last 10 years has been 69.4%. Home Appreciation in Franklin County is up 19.1%.

Average Age of Homes

- The median age of Franklin County real estate is 39 years old

The Rental Market in Franklin County

- Renters make up 27.7% of the Franklin County population
- 2.0% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin, Alabama	United States
	13,930.0	139,647,020.0
	38	42
	$143,500	$338,100
	19.1%	16.6%
	57.7%	57.0%
	69.4%	101.1%
	$3.50	$10.98
	$375	$2,690
	55.4%	57.4%
	21.4%	11.2%
	23.2%	31.4%
Vacant Housing
	2.0%	1.9%
	0.7%	0.4%
	1.4%	0.7%
	0.3%	0.4%
	2.3%	3.6%
	14.6%	4.1%
Value of Owner-Occupied Housing
	5.2%	2.6%
	7.0%	2.4%
	8.1%	2.8%
	18.2%	3.9%
	8.3%	4.5%
	17.4%	11.3%
	15.5%	13.0%
	13.6%	20.1%
	4.9%	13.6%
	0.6%	8.3%
	0.5%	9.7%
	0.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.5%	13.6%
	11.5%	13.6%
	19.2%	13.6%
	16.5%	13.2%
	14.4%	14.8%
	19.2%	13.6%
	8.8%	10.0%
	4.4%	4.7%
	4.1%	12.2%

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