The housing market in Franklin, MS County is thriving. The median value of housing in the area is $134,700, which is well below the U.S. median of $338,100. Despite this lower median value, the area has experienced an impressive 1-year appreciation rate of 12.12%, compared to a national rate of 8.27%. This significant increase suggests that Franklin, MS County is becoming an increasingly attractive place for prospective home buyers and investors alike to invest in.
The median home cost in Franklin County is $134,700. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Franklin County is up 14.5%.
Average Age of Homes
- The median age of Franklin County real estate is 38 years old
The Rental Market in Franklin County
- Renters make up 16.6% of the Franklin County population
- 0.3% 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.