Franklin City County, VA Housing

Franklin city, VA County is a great place to invest in housing. According to the data, the median value of housing in Franklin city is $188,800, which is significantly lower than the US house median value of $338,100. The 1 year appreciation rate for houses in Franklin city has been 10.11%, higher than the US average of 8.27%. This indicates that investing in real estate in Franklin city could be a smart decision due to the greater potential for growth.

The median home cost in Franklin City County is $188,800. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Franklin City County is up 18.6%.

Average Age of Homes

- The median age of Franklin City County real estate is 42 years old

The Rental Market in Franklin City County

- Renters make up 52.1% of the Franklin City County population
- 3.4% of houses and apartments in Franklin City 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin City, Virginia	United States
	3,878.0	139,647,020.0
	56	42
	$188,800	$338,100
	18.6%	16.6%
	58.1%	57.0%
	77.0%	101.1%
	$7.95	$10.98
	$1,422	$2,690
	46.5%	57.4%
	10.4%	11.2%
	43.1%	31.4%
Vacant Housing
	3.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.6%	0.4%
	0.2%	3.6%
	6.2%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	3.1%	2.8%
	3.3%	3.9%
	5.5%	4.5%
	18.3%	11.3%
	26.5%	13.0%
	36.7%	20.1%
	4.1%	13.6%
	2.3%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	10.9%	13.6%
	8.8%	13.2%
	10.8%	14.8%
	10.9%	13.6%
	21.2%	10.0%
	8.1%	4.7%
	11.6%	12.2%

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