Franklin County, AL Home Values & Market Trends

The median home price in Franklin County, AL is $135,608.2. There were 192 home sales in Franklin County, AL over the past 12 months. The median residential Franklin County, AL home value for transactions over the previous year is $115,000. The number of current listings in Franklin County, AL is 21, and the percentage of properties for sale is 21.00%. The county has 2 foreclosures, 1 bank owned properties, 1 headed for auction, and 21 properties for sale.

Franklin County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Russellville

$ 167,593

$ 95/sqft

Red Bay

$ 237,516

$ 119/sqft

Phil Campbell

$ 133,951

$ 92/sqft

Spruce Pine

$ 258,028

$ 117/sqft

Hodges

$ 267,500

$ 96/sqft

Vina

$ --

$ --

Housing Market Summary for Franklin County, AL

Apr 2023March 2024Change
Median Listing Price$169.9K$115.5K-31.99%
Median Sold Price$125K$115.5K-7.57%
Homes For Sale2519-24.00%
Homes Sold143103-27.97%
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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, AL

Franklin County, AL home values range from $16,040 to $2,455,163. Spruce Pine is the priciest city with a median listing home price of $297,450, and Phil Campbell is most affordable with average house prices of around $168,500.

Foreclosure
There are 6 cities within Franklin County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $156,670 in Russellville to the lowest value of $152,249 in Russellville. Foreclosure homes account for 0.00% of properties in Franklin County, AL with Phil Campbell containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Franklin County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Franklin County, AL; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin County, AL ranges from the highest value of $156,670 in Phil Campbell to the lowest value of $156,670 in Phil Campbell. Bank owned homes and properties account for 0.01% of properties in Franklin County, AL. There are 6 cities within Franklin County, AL; Phil Campbell containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Russellville has 1 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, AL. Auction homes and other auction properties account for 0.01% of all properties in Franklin County, AL. There are 6 cities within Franklin County, AL; of those cities, the median estimated home value for homes going to auction ranges from $152,249 in Russellville to the lowest value of $152,249 in Russellville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in Franklin County, AL with Russellville containing 15 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Franklin County, AL; homes for sale in those cities, have a range of median values from $299,900 in Hodges to the lowest value of $76,400 in Russellville.
    Sold Homes
    The median value for recently sold homes ranges from $193,322 in Spruce Pine to the lowest price of $21,680 in Spruce Pine. There are 6 cities within Franklin County, AL. Russellville has 85 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.96% of properties in Franklin County, AL.

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      Guide for Franklin County, AL

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      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Birmingham, Alabama – Real Estate Market Snapshot March 2024
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      Federal Eviction Ban Overturned. Here’s Why
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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.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      Recently Listed Homes Franklin County, AL

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