The housing in 36444 Franklin, AL is a great investment right now. The median value for houses in this area is $95,600, which is much lower than the US median value of $338,100. This gives buyers the opportunity to purchase a home at a much lower price than the national average. Additionally, the one year house appreciation rate in this area is 14.92%, compared to 8.27% nationwide. This means that investments put into homes in this area could potentially yield significant returns over time. It also indicates that buying a home here will likely be worth more in the future than it was when purchased originally.
The median home cost in Franklin (zip 36444) is $95,600. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Franklin (zip 36444) is up 18.1%.
Average Age of Homes
- The median age of Franklin (zip 36444) real estate is 31 years old
The Rental Market in Franklin (zip 36444)
- Renters make up 21.5% of the Franklin (zip 36444) population
- 0.0% of houses and apartments in Franklin (zip 36444), 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.