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Foreclosure Homes in Franklin, NC

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Franklin, NC Foreclosures

Current Market Conditions in in Franklin, NC As of February 2026?
In the past month, the Franklin real estate market demonstrated a continued increase in demand, with a noticeable uptick in home sales. As more buyers are drawn to the area for its tranquil lifestyle and scenic environment, real estate listings are being acquired quickly. This trend indicates a stable market, despite slight fluctuations in inventory levels.
How much do homes sell for in Franklin, NC?
The average home price is currently $355,876.
In Franklin, NC, how many homes are available?
There are currently 23 active home listings available in Franklin.
What’s the average rental cost in Franklin, NC?
The average rental price in Franklin is $1,064.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $12,645,259.
What is currently the cheapest priced home in Franklin, NC?
The cheapest home for sale in Franklin is priced at $13,566.

Living in Franklin, NC

Franklin, North Carolina, is a charming small town nestled in the heart of the Smoky Mountains, offering stunning mountain vistas and a welcoming community atmosphere. Its rich history and local culture provide a unique backdrop for residents and visitors alike. With easy access to hiking, fishing, and outdoor adventures, Franklin is a perfect home for nature enthusiasts and those seeking a slower pace of life.

Buyer vs Seller Market in Franklin, NC

The real estate market in Franklin has shown robust growth over the past year, as more individuals and families seek to relocate to this picturesque town. The demand for homes has increased, driven by those looking for a peaceful retreat or a remote work location surrounded by nature and beauty.

Home prices have appreciated steadily, although they remain relatively affordable compared to larger cities nearby. The inventory of available homes is lower than the national average, resulting in competitive bidding situations for desirable properties.

Home Value Estimator For Franklin, NC

There are currently 17,109 real estate properties in Franklin, NC, with a median automated valuation model (AVM) price of $295,075.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, NC, is $355,876.00, with the most expensive house in Franklin, NC, topping out at $12,645,259.00 and the cheapest home in Franklin, NC, clocking in at $13,566.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, NC!

Rent Prices In Franklin, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, NC, is on a rollercoaster ride. The average rent price in Franklin, NC, is $1,064.00. Indeed, when looking to rent in Franklin, NC, you can expect to pay as little as $470.00 or as much as $2,280.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Franklin, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, NC Foreclosures


Market Trend for Franklin, NC

Total Listings Available: 23

Market Values:

Home Prices from $13,566 to $12,645,259

Average Sales Price: $355,876

Rental Values:

Rental from $470 to $2,280

Average Rent Value: $1,064 / month

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