Franklin County, IL Housing

The housing in Franklin, IL County is more affordable than the US median value. The median value of a house in the county is $78,700, which is significantly lower than the US median of $338,100. Despite this difference in cost, houses in Franklin County have still appreciated in value over the past year at a rate of 8.03%, which is just under the national average of 8.27%. This means that there are still great opportunities for homeowners to purchase property and benefit from potential future appreciation.

The median home cost in Franklin County is $78,700. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Franklin County is up 11.5%.

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 22.2% of the Franklin County population
- 0.5% 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, Illinois	United States
	18,521.0	139,647,020.0
	55	42
	$78,700	$338,100
	11.5%	16.6%
	35.2%	57.0%
	42.8%	101.1%
	$15.76	$10.98
	$1,248	$2,690
	65.4%	57.4%
	12.3%	11.2%
	22.3%	31.4%
Vacant Housing
	0.5%	1.9%
	0.1%	0.4%
	2.0%	0.7%
	0.5%	0.4%
	1.2%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	12.3%	2.4%
	16.1%	2.8%
	15.7%	3.9%
	9.7%	4.5%
	16.2%	11.3%
	9.9%	13.0%
	9.5%	20.1%
	2.0%	13.6%
	0.8%	8.3%
	0.3%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.2%	13.6%
	9.2%	13.6%
	9.6%	13.6%
	7.9%	13.2%
	14.6%	14.8%
	9.6%	13.6%
	11.3%	10.0%
	10.4%	4.7%
	21.8%	12.2%

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