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Land Foreclosures in Franklin, NC

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Franklin, NC Foreclosures

Current Market Conditions in in Franklin, NC As of March 2026?
Over the past month, Franklin's real estate market has seen a slight uptick in activity, with several homes receiving multiple offers within days of being listed. While inventory remains somewhat low, particularly for family-sized homes, this has contributed to competitive pricing and an overall strengthening of market conditions. The appeal of Franklin’s tranquil setting and outdoor lifestyle continues to attract buyers, prompting a cautious optimism among local realtors about the market's resilience.
How much do homes sell for in Franklin, NC?
The average home price is currently $353,848.
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 $11,934,247.
What is currently the cheapest priced home in Franklin, NC?
The cheapest home for sale in Franklin is priced at $13,546.

Living in Franklin, NC

Franklin, NC is a charming small town located in the heart of the Appalachian Mountains. Known for its gorgeous natural scenery, friendly neighborhoods, and vibrant community spirit, Franklin offers a perfect blend of outdoor activities and cultural experiences. The local amenities, schools, and community events make it an ideal place for families and outdoor enthusiasts alike.

Buyer vs Seller Market in Franklin, NC

The current real estate market in Franklin is characterized by a strong demand for homes, driven by both locals and newcomers enchanted by the area's natural beauty and lifestyle. Prices have shown steady increases, reflecting the growing interest as more people seek out tranquil living spaces within commuting distance of Asheville and other urban centers. Investors are particularly keen on the area due to its appealing rental market, catering to both short-term visitors and long-term residents.

As of late 2023, various housing types are available, with a range of options from cozy cabins nestled in the woods to elegant homes in established neighborhoods. New constructions are also beginning to appear, catering to the influx of buyers seeking modern amenities.

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 $292,093.00. 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 $353,848.00, with the most expensive house in Franklin, NC, topping out at $11,934,247.00 and the cheapest home in Franklin, NC, clocking in at $13,546.00. 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 Land


Market Trend for Franklin, NC

Total Listings Available: 0

Market Values:

Home Prices from $13,546 to $11,934,247

Average Sales Price: $353,848

Rental Values:

Rental from $470 to $2,280

Average Rent Value: $1,064 / month

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