Real Estate Market Update for Franklin, NC
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 75% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was over 3-million dollars. Compared to last year, the average number of days units spent on the market before being sold did not change reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and decreased 100% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Franklin, NC
Area Information for Franklin, NC
  • Population: 4,077
  • Median Age: 40.83 yr
  • Median Commute Time: 16 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 910/sq mi
  • Population Change Since 2000: 8.14%
  • Closest Airport: Mcghee Tyson
  • Closest College: Young Harris College
  • Closest Jr. College: North Georgia Technical College
  • Median Household Income: $33,885
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $153,500
  • Closest Major Sports Team: Tennessee Smokies (aa)
  • Change Avg. Household Income Since 2000: 18.07%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Franklin, NC
Median Age: 40.83 Married: 39% Number of Households: 1,827 Households with Children: 403
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Franklin, NC

      School Name Distance Type Grades School Rating Parent Rating
      East Franklin Elementary 0.6 mi Public K-4 1 0
      Methodist Home For Children 0.7 mi Private 6-11 0 0
      Franklin High 1.0 mi Public 9-12 3 0
      Trimont Christian Academy 1.6 mi Private PRESCHOOL-8 0 0
      Macon Early College High School 2.2 mi Public 9-12 0 0
      Macon Middle School 2.2 mi Public 7-8 4 0
      Mountain View Intermediate School 2.5 mi Public 5-6 0 0
      Iotla Elementary 3.2 mi Public PRESCHOOL-4 2 0
      Cartoogechaye Elementary 3.4 mi Public PRESCHOOL-4 3 0
      Union Academy 5.2 mi Public 7-12 0 0
      South Macon Elementary 5.5 mi Public PRESCHOOL-4 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Franklin, NC
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.