Franklin, VT County is home to a vibrant housing market. The median value for homes in the area is $307,800, which is lower than the US national median value of $338,100. However, what Franklin lacks in starting value it makes up for in appreciation. Over one year period, the appreciation rate for homes in Franklin was 13.44%, higher than the US rate of 8.27%. This strong appreciation rate suggests that investing in property in this county could be a wise decision.
The median home cost in Franklin County is $307,800. Home appreciation the last 10 years has been 68.9%. Home Appreciation in Franklin County is up 18.6%.
Average Age of Homes
- The median age of Franklin County real estate is 42 years old
The Rental Market in Franklin County
- Renters make up 21.2% of the Franklin County population
- 1.2% 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.