Housing in 28734 Franklin, NC is relatively affordable with a median value of $265,300 as compared to the US house median value of $338,100. Additionally, house appreciation has been significant in the area with a 1 year appreciation rate of 18.83%, significantly higher than the US 1 year appreciation rate of 8.27%. This suggests that housing prices in 28734 Franklin have seen a strong increase over the past year, making it an attractive option for potential home buyers who are looking for affordability combined with significant growth potential.
The median home cost in Franklin (zip 28734) is $265,300. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Franklin (zip 28734) is up 22.1%.
Average Age of Homes
- The median age of Franklin (zip 28734) real estate is 33 years old
The Rental Market in Franklin (zip 28734)
- Renters make up 18.8% of the Franklin (zip 28734) population
- 0.7% of houses and apartments in Franklin (zip 28734), 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.