Franklin, TX Foreclosures
How much do homes sell for in Franklin, TX?
The average home price is currently $350,567.
In Franklin, TX, how many homes are available?
There are currently 6 active home listings available in Franklin.
What’s the average rental cost in Franklin, TX?
The average rental price in Franklin is $1,612.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $7,592,007.
What is currently the cheapest priced home in Franklin, TX?
The cheapest home for sale in Franklin is priced at $22,737.
Living in Franklin, TX
Franklin, Texas, is a charming small town known for its friendly atmosphere, beautiful landscapes, and rich history. Its close-knit community and vibrant downtown area offer a variety of shops and eateries, making it an ideal place for families and retirees alike. With outdoor activities and cultural events, Franklin provides a perfect blend of tranquility and engagement for its residents.
Current Market Conditions in Franklin, TX
The real estate market in Franklin, TX, is characterized by moderate growth and a steady demand for housing. Buyers are actively seeking homes in this desirable location, often driven by its appeal as a quaint town with pleasant surroundings and a strong sense of community. Inventory levels have fluctuated, but the overall market remains competitive, particularly for well-maintained properties that reflect the town's charm. With both new constructions and historical homes available, there is a wide range of choices catering to various buyers' needs in the market.
In recent months, many homebuyers have demonstrated interest in properties with ample outdoor space, as the trend leans towards remote work and family-oriented living. Investing in Franklin's real estate is seen as a favorable opportunity, given the increasing popularity of the area among both locals and those relocating from the bustling urban environments.
Home Value Estimator For Franklin, TX
There are currently 1,950 real estate properties
in Franklin, TX,
with a median automated valuation model (AVM) price
of $301,613.00. 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, TX, 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, TX,
is $350,567.00, with the most expensive house
in Franklin, TX, topping out
at $7,592,007.00 and the cheapest home
in Franklin, TX,
clocking in at $22,737.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Franklin, TX!
Rent Prices
In Franklin, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Franklin, TX, is on
a rollercoaster ride. The
average rent price in Franklin, TX,
is $1,612.00. Indeed, when looking to rent in
Franklin, TX, you can expect to pay as little
as $650.00 or as much
as $2,880.00,
with the average rent median estimated to
be $1,590.00. The good news is that finding
an affordable and desirable property to rent in Franklin, TX
-- 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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