Franklin County, NC Home Values & Market Trends

The median home price in Franklin County, NC is $351,474.54. There were 1,640 home sales in Franklin County, NC over the past 12 months. The median residential Franklin County, NC home value for transactions over the previous year is $305,000. The number of current listings in Franklin County, NC is 155, and the percentage of properties for sale is 155.00%. The county has 24 foreclosures, 0 bank owned properties, 7 headed for auction, and 155 properties for sale.

Franklin County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Youngsville

$ 495,477

$ 205/sqft

Louisburg

$ 311,001

$ 187/sqft

Franklinton

$ 361,400

$ 185/sqft

Bunn

$ 170,000

$ 157/sqft

Housing Market Summary for Franklin County, NC

Apr 2023March 2024Change
Median Listing Price$399.9K$346.7K-13.31%
Median Sold Price$322.9K$346.7K7.37%
Homes For Sale10111917.82%
Homes Sold720551-23.47%
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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, NC

Franklin County, NC home values range from $22,533 to $6,877,728. Youngsville is the priciest city with a median listing home price of $499,000, and Bunn is most affordable with average house prices of around $170,000.

Foreclosure
There are 4 cities within Franklin County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $636,730 in Franklinton to the lowest value of $164,826 in Franklinton. Foreclosure homes account for 0.00% of properties in Franklin County, NC with Youngsville containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Franklin County, NC with Youngsville containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 4 cities within Franklin County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $636,730 in Louisburg to the lowest home value of $164,826 in Franklinton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin County, NC 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, NC. There are 4 cities within Franklin County, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Louisburg has 3 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, NC. Auction homes and other auction properties account for 0.02% of all properties in Franklin County, NC. There are 4 cities within Franklin County, NC; of those cities, the median estimated home value for homes going to auction ranges from $742,872 in Youngsville to the lowest value of $169,398 in Youngsville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.54% of residential properties in Franklin County, NC with Youngsville containing 61 homes for sale, the highest number of listed properties in a single city. There are 4 cities within Franklin County, NC; homes for sale in those cities, have a range of median values from $950,000 in Youngsville to the lowest value of $154,551 in Franklinton.
    Sold Homes
    The median value for recently sold homes ranges from $1,141,950 in Youngsville to the lowest price of $24,933 in Youngsville. There are 4 cities within Franklin County, NC. Louisburg has 239 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.57% of properties in Franklin County, NC.

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      Guide for Franklin County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      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.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.