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Franklin, NC Housing Market

$305,214

2.9% 1-yr

The average Franklin, NC home value is $305,214, up 2.9% over the past year and goes to pending in around 22 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Franklin Key Takeaways

Typical Home Values: $305,214

1-year Value Change: +2.9%

(Data through July 31, 2025)

Franklin Housing Market Overview

--1-year Market Forecast
293For sale inventory(July 31, 2025)
72New listings(July 31, 2025)
0.977Median sale to list ratio(June 30, 2025)
$295,667Median sale price(June 30, 2025)
$347,167Median list price(July 31, 2025)
24.5%Percent of sales over list price(June 30, 2025)
65.0%Percent of sales under list price(June 30, 2025)
22Median days to pending(July 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

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Franklin Rental Market Trends

--Average rent in Franklin
$2,072National average rent(July 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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