Zip 04634 (Franklin, ME) Housing

The housing market in 04634 Franklin, ME is on the rise. The median value of homes in the area is currently $241,400, which is significantly lower than the US median of $338,100. However, this lower price point doesn't indicate a lack of appreciation; in fact, the one year house appreciation rate for 04634 Franklin is 16.46%, much higher than the national average of 8.27%. This makes 04634 Franklin an attractive place to invest in real estate, as property values are likely to continue increasing over time.

The median home cost in Franklin (zip 04634) is $241,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Franklin (zip 04634) is up 20.6%.

Average Age of Homes

- The median age of Franklin (zip 04634) real estate is 37 years old

The Rental Market in Franklin (zip 04634)

- Renters make up 12.0% of the Franklin (zip 04634) population
- 0.4% of houses and apartments in Franklin (zip 04634), 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, Maine	United States
	1,565.0	139,647,020.0
	37	42
	$241,400	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$11.91	$10.98
	$2,012	$2,690
	45.0%	57.4%
	45.9%	11.2%
	9.1%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	38.4%	3.6%
	5.8%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	5.4%	2.4%
	7.4%	2.8%
	6.3%	3.9%
	7.5%	4.5%
	12.6%	11.3%
	16.9%	13.0%
	27.6%	20.1%
	6.8%	13.6%
	2.6%	8.3%
	2.0%	9.7%
	2.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.1%	13.6%
	19.1%	13.6%
	16.1%	13.6%
	17.7%	13.2%
	9.1%	14.8%
	16.1%	13.6%
	8.1%	10.0%
	3.5%	4.7%
	18.2%	12.2%

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