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Preforeclosure Homes in Franklinton, NC

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Franklinton, NC Foreclosures

How much do homes sell for in Franklinton, NC?
The average home price is currently $362,433.
In Franklinton, NC, how many homes are available?
There are currently 10 active home listings available in Franklinton.
What’s the average rental cost in Franklinton, NC?
The average rental price in Franklinton is $1,124.
What is the most expensive home in Franklinton?
The most expensive home sold in Franklinton had a price of $11,196,577.
What is currently the cheapest priced home in Franklinton, NC?
The cheapest home for sale in Franklinton is priced at $11,869.

Living in Franklinton, NC

Franklinton, NC is a small town offering a quaint atmosphere and strong community ties. With beautiful landscapes and a suburban feel, it is perfect for families and those seeking a slower pace of life. Residents benefit from the convenience of being close to larger cities while enjoying local parks and recreational opportunities.

Current Market Conditions in Franklinton, NC

Franklinton's real estate market is currently experiencing steady growth as more individuals and families seek affordable housing outside of urban centers. The influx of buyers looking for small-town charm combined with convenient access to cities like Raleigh has resulted in increased demand for homes, leading to rising home prices. Rental rates have also seen an upward trend as people move to the area.

Despite national trends of increased interest rates, Franklinton remains attractive due to its affordability compared to nearby urban areas. This has driven a competitive market, especially for family homes and starter homes, which are highly sought after.

Home Value Estimator For Franklinton, NC

There are currently 7,607 real estate properties in Franklinton, NC, with a median automated valuation model (AVM) price of $336,715.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklinton, 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 Franklinton, NC, is $362,433.00, with the most expensive house in Franklinton, NC, topping out at $11,196,577.00 and the cheapest home in Franklinton, NC, clocking in at $11,869.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklinton, NC!

Rent Prices In Franklinton, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklinton, NC, is on a rollercoaster ride. The average rent price in Franklinton, NC, is $1,124.00. Indeed, when looking to rent in Franklinton, NC, you can expect to pay as little as $570.00 or as much as $3,070.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Franklinton, 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.

Franklinton, NC Preforeclosure Homes


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