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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 April 2026?
Over the past month, Franklin has seen a stabilization in home prices after a previous spike. The market is adjusting with slightly lower inventory than this time last year, creating a competitive environment for buyers. Sellers are becoming more flexible, and homes that are well-priced are still moving quickly, indicating a continued interest in the market.
How much do homes sell for in Franklin, NC?
The average home price is currently $353,219.
In Franklin, NC, how many homes are available?
There are currently 45 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 $11,443,965.
What is currently the cheapest priced home in Franklin, NC?
The cheapest home for sale in Franklin is priced at $13,380.

Living in Franklin, NC

Franklin, NC is a picturesque small town nestled in the mountains of western North Carolina. Known for its scenic beauty and outdoor recreational opportunities, it also boasts a welcoming community and a rich cultural scene. From hiking in the nearby national forests to enjoying local arts and festivals, Franklin offers a unique blend of nature and culture.

Buyer vs Seller Market in Franklin, NC

The real estate market in Franklin, NC, is characterized by a mix of charming historic homes and new developments. Recently, there has been a noticeable rise in demand due to the influx of families and retirees seeking a peaceful lifestyle in a natural setting. Prices have seen a steady increase, indicating a healthy interest in the area both for primary residency and vacation homes.

In recent months, Frankin has experienced a slight increase in median home prices compared to last year, as the town remains a desirable location for those looking to escape the hustle and bustle of city life. The combination of beautiful landscapes and a tight-knit community continues to attract buyers to the area.

Home Value Estimator For Franklin, NC

There are currently 17,110 real estate properties in Franklin, NC, with a median automated valuation model (AVM) price of $292,460.00. 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 $353,219.00, with the most expensive house in Franklin, NC, topping out at $11,443,965.00 and the cheapest home in Franklin, NC, clocking in at $13,380.00. 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: 45

Market Values:

Home Prices from $13,380 to $11,443,965

Average Sales Price: $353,219

Rental Values:

Rental from $470 to $2,280

Average Rent Value: $1,064 / month

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