Franklin, IA County is a desirable place to live as it offers housing at an affordable price. The median value of houses in Franklin, IA County currently stands at $121,200 which is significantly lower than the US median value of $338,100. Despite this lower average house price, the 1-year house appreciation rate for Franklin, IA County is 11.24%, which is higher than the US national average of 8.27%. This shows that housing in Franklin, IA County has been increasing in value and makes it an attractive place to invest in real estate.
The median home cost in Franklin County is $121,200. Home appreciation the last 10 years has been 64.3%. Home Appreciation in Franklin County is up 15.8%.
Average Age of Homes
- The median age of Franklin County real estate is 67 years old
The Rental Market in Franklin County
- Renters make up 21.2% of the Franklin County population
- 0.9% 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.