The housing market in Franklin, AR County is quite robust. The median value of a house in the county stands at $127,400, which is significantly lower than the national median of $338,100. Additionally, the US has seen an 8.27% appreciation in house values over the last year, while homes in Franklin appreciate by 14.90%. This indicates that the housing market in this area is thriving and investors can expect to gain significant returns from their investments.
The median home cost in Franklin County is $127,400. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Franklin County is up 18.4%.
Average Age of Homes
- The median age of Franklin County real estate is 36 years old
The Rental Market in Franklin County
- Renters make up 20.5% of the Franklin County population
- 1.9% 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.