Home Values

Franconia Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$307,900

  • 2.6% 1-year change
  • 1.3% 1-year forecast

The median home value in Franconia is $307,900. Franconia home values have gone up 2.6% over the past year and Zillow predicts they will rise 1.3% within the next year. The median rent price in Franconia is $1,520, which is higher than the Philadelphia Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Franconia 4.6 homes are foreclosed (per 10,000). This is greater than the Philadelphia Metro value of 3.8 and also greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Franconia is 5.8%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Franconia homeowners underwater on their mortgage is 10.4%, which is lower than Philadelphia Metro at 17.6%.

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Relative ZHVI
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Franconia Market Overview

Data through May 31, 2015
  • $307,900 ZHVI
  • 1.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Franconia Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 10.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5(Sep 30, 2014) Franconia
4 Philadelphia Metro
4 United States
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Nearby Cities

Name Median ZHVI
Lower Salford Township $401,600
Towamencin Township $312,400
Harleysville $270,700
Name Median ZHVI
Hatfield Township $257,200
Sellersville $240,300
Kulpsville $229,800
Name Median ZHVI
Telford $227,700
Souderton $198,100
Lansdale $197,000

Listings & Sales

  • No data
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Franconia Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,008 Franconia
    $1,574 Philadelphia Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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