The housing market in 26807 Franklin, WV is quite strong given that the median value of homes is $151,800. Though this is significantly lower than the US median value of $338,100, the house values have appreciated by 9.82% in one year, which is higher than the national average appreciation rate of 8.27%. This suggests that housing prices in Franklin are increasing faster than most parts of the country and represents a great opportunity for homeowners and potential buyers.
The median home cost in Franklin (zip 26807) is $151,800. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Franklin (zip 26807) is up 12.1%.
Average Age of Homes
- The median age of Franklin (zip 26807) real estate is 35 years old
The Rental Market in Franklin (zip 26807)
- Renters make up 17.3% of the Franklin (zip 26807) population
- 1.4% of houses and apartments in Franklin (zip 26807), 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.