Franklin, KS Foreclosures
Current Market Conditions in in Franklin, KS As of April 2026?
Over the past month, Franklin has experienced a slight uptick in home sales, with several properties going under contract shortly after listing. This increase in activity can be attributed to the area's appeal for buyers seeking affordability and a quieter way of life. Although inventory levels remain low, homes that are well-priced continue to draw significant interest, indicating strong demand within a limited supply. As spring approaches, the market is expected to become more active as more sellers list their homes, which may provide a broader range of options for potential buyers.
How much do homes sell for in Franklin, KS?
The average home price is currently $155,322.
What’s the average rental cost in Franklin, KS?
The average rental price in Franklin is $1,030.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $858,599.
What is currently the cheapest priced home in Franklin, KS?
The cheapest home for sale in Franklin is priced at $56,100.
Living in Franklin, KS
Franklin, Kansas, is a quaint town that embodies a peaceful, rural lifestyle. With its welcoming community spirit and beautiful landscapes, it offers a perfect blend of tranquility and local charm. Residents enjoy a variety of outdoor activities and a tight-knit community with local events that foster connection among neighbors.
Buyer vs Seller Market in Franklin, KS
The real estate market in Franklin, KS is characterized by affordable housing options and a stable demand, making it an attractive destination for first-time homebuyers and those looking to invest. The town has seen a steady increase in home values over the past few years, reflecting its growing popularity while still maintaining accessible pricing for buyers.
Current market trends indicate a balanced supply and demand, with properties in Franklin typically attracting buyers faster than other areas in rural Kansas. As more people seek out the small-town charm and lower cost of living, the market is expected to remain competitive.
Home Value Estimator For Franklin, KS
There are currently 202 real estate properties
in Franklin, KS,
with a median automated valuation model (AVM) price
of $130,383.00. 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, KS, 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, KS,
is $155,322.00, with the most expensive house
in Franklin, KS, topping out
at $858,599.00 and the cheapest home
in Franklin, KS,
clocking in at $56,100.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Franklin, KS!
Rent Prices
In Franklin, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Franklin, KS, is on
a rollercoaster ride. The
average rent price in Franklin, KS,
is $1,030.00. Indeed, when looking to rent in
Franklin, KS, you can expect to pay as little
as $740.00 or as much
as $1,320.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Franklin, KS
-- 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.
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