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Rent To Own Homes in Franklin, ID

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Living in Franklin, ID

Franklin, Idaho is a quaint town with a rich history and a strong sense of community. Nestled near Bear Lake, it offers outdoor recreational activities and a peaceful living environment. The beautiful landscapes and local amenities make it an attractive location for families and retirees alike.

Current Market Conditions in Franklin, ID

The real estate market in Franklin is relatively stable, with a mix of historic homes and newer builds. It has seen a steady interest from buyers due to its affordability compared to larger cities in the region.

Currently, there is a growing trend of remote workers looking to relocate to quieter areas, which has increased demand for housing in Franklin. Home values are appreciating, but the market remains accessible for first-time buyers.

Home Value Estimator For Franklin, ID

There are currently 326 real estate properties in Franklin, ID, with a median automated valuation model (AVM) price of $377,588.00. 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, ID, 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, ID, is $405,492.00, with the most expensive house in Franklin, ID, topping out at $1,225,500.00 and the cheapest home in Franklin, ID, clocking in at $61,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, ID!

Rent Prices In Franklin, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, ID, is on a rollercoaster ride. The average rent price in Franklin, ID, is $1,010.00. Indeed, when looking to rent in Franklin, ID, you can expect to pay as little as $890.00 or as much as $1,140.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Franklin, ID -- 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, ID Rent To Own Homes

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