Housing in Franklin, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$287,537

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Franklin is highlighted.

Median Home Value

54th%ilemost expensive$190,600show rank

Median Rent

21st%ilemost expensive rent$738show rank

Rent Burden

61st%ilehighest rent burden20.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$190,600

Median Rent

$738

Total Housing Units

2,192

Vacancy Rate

9.0%

Owner Occupied

56.5%

Renter Occupied

43.5%

Median Property Tax

$1,086

per year

Monthly Cost (w/ Mortgage)

$824

Housing Types

Single Family

63.3%

Multi-Family

29.9%

Mobile Home

6.8%

The median home value in Franklin, NC is $190,600. According to Zillow, the home value index for Franklin is $287,537. The median rent is $738 per month (Census ACS). About 56.5% of housing units are owner-occupied. The median year homes were built is 1983. There are 2,192 total housing units.