Zip 27248 (Franklinville, NC) Housing

The housing market in 27248 Franklinville, NC is booming. The median value of homes in this area is $175,600, which is significantly lower than the U.S. median value of $338,100. However, the 1 year house appreciation rate for this area is 16.52%, which is more than double the national average of 8.27%. This provides a great opportunity for buyers looking to purchase a quality home in Franklinville at an affordable price and seeing their investment rising faster than the national average.

The median home cost in Franklinville (zip 27248) is $175,600. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Franklinville (zip 27248) is up 23.2%.

Average Age of Homes

- The median age of Franklinville (zip 27248) real estate is 35 years old

The Rental Market in Franklinville (zip 27248)

- Renters make up 28.3% of the Franklinville (zip 27248) population
- 0.0% of houses and apartments in Franklinville (zip 27248), 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	Franklinville, North Carolina	United States
	1,473.0	139,647,020.0
	35	42
	$175,600	$338,100
	23.2%	16.6%
	69.5%	57.0%
	87.6%	101.1%
	$7.82	$10.98
	$916	$2,690
	61.8%	57.4%
	18.7%	11.2%
	19.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.8%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	15.1%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	0.0%	2.4%
	11.3%	2.8%
	2.7%	3.9%
	14.9%	4.5%
	26.9%	11.3%
	16.8%	13.0%
	4.0%	20.1%
	8.9%	13.6%
	0.4%	8.3%
	7.4%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.0%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	29.2%	13.6%
	15.6%	13.2%
	14.5%	14.8%
	29.2%	13.6%
	4.1%	10.0%
	2.4%	4.7%
	14.0%	12.2%

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