Franklin, ME County has an incredibly strong housing market with a median value of $239,400. This is significantly lower than the US House Median Value of $338,100. Despite this, the 1 year house appreciation in Franklin is 15.65%, more than double the US's 8.27%. This suggests that houses in this county are becoming increasingly valuable and desirable, making it a great place to invest in real estate.
The median home cost in Franklin County is $239,400. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Franklin County is up 20.4%.
Average Age of Homes
- The median age of Franklin County real estate is 41 years old
The Rental Market in Franklin County
- Renters make up 11.9% of the Franklin County population
- 1.3% 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.