Franklin County, FL Home Values & Market Trends

The median home price in Franklin County, FL is $421,593.39. There were 458 home sales in Franklin County, FL over the past 12 months. The median residential Franklin County, FL home value for transactions over the previous year is $321,439. The number of current listings in Franklin County, FL is 153, and the percentage of properties for sale is 153.00%. The county has 16 foreclosures, 0 bank owned properties, 1 headed for auction, and 153 properties for sale.

Franklin County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Eastpoint

$ 1,199,000

$ 384/sqft

Apalachicola

$ 417,500

$ 230/sqft

Carrabelle

$ 524,785

$ 235/sqft

Housing Market Summary for Franklin County, FL

Apr 2023March 2024Change
Median Listing Price$537.5K$430.8K-19.85%
Median Sold Price$451.3K$430.8K-4.55%
Homes For Sale10414236.54%
Homes Sold234230-1.71%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Franklin County, FL

Franklin County, FL home values range from $19,764 to $9,823,232. Eastpoint is the priciest city with a median listing home price of $1,175,000, and Carrabelle is most affordable with average house prices of around $382,000.

Foreclosure
There are 3 cities within Franklin County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $528,226 in Eastpoint to the lowest value of $79,830 in Eastpoint. Foreclosure homes account for 0.00% of properties in Franklin County, FL with Apalachicola containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Franklin County, FL with Apalachicola containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Franklin County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $643,290 in Apalachicola to the lowest home value of $79,830 in Eastpoint.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin County, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Franklin County, FL. There are 3 cities within Franklin County, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Apalachicola has 1 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, FL. Auction homes and other auction properties account for 0.01% of all properties in Franklin County, FL. There are 3 cities within Franklin County, FL; of those cities, the median estimated home value for homes going to auction ranges from $163,706 in Apalachicola to the lowest value of $163,706 in Apalachicola.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.83% of residential properties in Franklin County, FL with Eastpoint containing 72 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Franklin County, FL; homes for sale in those cities, have a range of median values from $3,595,000 in Eastpoint to the lowest value of $57,605 in Apalachicola.
    Sold Homes
    The median value for recently sold homes ranges from $6,413,062 in Eastpoint to the lowest price of $24,900 in Eastpoint. There are 3 cities within Franklin County, FL. Carrabelle has 82 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.03% of properties in Franklin County, FL.

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      Guide for Franklin County, FL

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      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.