Home Values

Franklin County 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

$156,700

  • -1.9% 1-year change
  • None 1-year forecast

The median home value in Franklin County is $156,700. Franklin County home values have declined -1.9% over the past year. The median list price per square foot in Franklin County is None. The median rent price in Franklin County is $795, which is the same as the Chambersburg Metro median of $795.

Foreclosures will be a factor impacting home values in the next several years. In Franklin County 0.2 homes are foreclosed (per 10,000). This is lower 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 Franklin County is 4.8%, 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 Franklin County homeowners underwater on their mortgage is 18.5%.

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Relative ZHVI
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Franklin County Market Overview

Data through May 31, 2015
  • $156,700 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $150,175 Median sale price
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Franklin County Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 18.5% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Cities in Franklin County

Name Median ZHVI
Guilford Township $179,300
Antrim Township $171,200
Greene Township $163,600
Name Median ZHVI
Hamilton Township $161,700
Greencastle $157,500
Letterkenny Township $154,300
Name Median ZHVI
St Thomas Township $147,600
Fayetteville $138,800
Chambersburg $130,700

Listings & Sales

  • No data
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Franklin County Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,128 Franklin County
    $1,128 Chambersburg 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

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $795 Rent list price
  • $0.73 Rent list price / sq ft
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