Housing in Franklin, TX County is quite expensive compared to the US median value, with a median house value of $273,400. This is almost 20% lower than the US median value of $338,100. However, this difference is made up for by the 1 year appreciation rate being 16.22%, which is almost double the national average of 8.27%. This indicates that houses within Franklin, TX are increasing in value rapidly and could be a good investment opportunity for people looking to move to the area.
The median home cost in Franklin County is $273,400. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Franklin County is up 23.0%.
Average Age of Homes
- The median age of Franklin County real estate is 29 years old
The Rental Market in Franklin County
- Renters make up 17.4% of the Franklin County population
- 2.0% 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.