Home Values

Franklin 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Franklin is $74, which is lower than the Simpson County average of $75. The median price of homes currently listed in Franklin is $119,900 while the median price of homes that sold is $112,500.

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 is 3.8%, which is lower than the national value of 6.9%. 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 homeowners underwater on their mortgage is 15.0%, which is higher than Simpson County at 14.6%.

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Relative ZHVI
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Franklin Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $119,900 Median listing price
  • No recent data Median sale price
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Franklin Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 15.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Gallatin $158,600
White House $156,500
Millersville $134,100
Name Median ZHVI
Cross Plains $129,200
Orlinda $127,100
Portland $116,600
Name Median ZHVI
Bethpage $106,700
Westmoreland $90,500
 

Listings & Sales

Data through Aug 31, 2014
  • $74 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 35.9% Listings with price cut
38.6%
Sold below listing
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Franklin Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $891 Franklin
    $915 Simpson County
    $1,328 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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