How much does it cost to buy a house in Franklin, NC?

In May 2026 Franklin homes were listed to buy for a median price of $359K, which is a 10% decrease to April 2025 last month, and a 9% decrease to May 2025 last year. The median value of a home listed to buy in Franklin in May 2026 was $245 per sqft, which is a 1% decrease to April 2025 last month, and a 1% decrease to May 2025 last year.

Is it affordable or expensive to live in Franklin, NC?

It is affordable to live in Franklin. Buying a home in Franklin is 1% less expensive compared with the national average.

Is it a good time to buy property in Franklin, NC?

Yes now is a good time to buy property in Franklin, in May 2026, homes in Franklin have decreased in value (price per sqft) by 1% in the last year compared with May 2025.

Is the Franklin, NC housing market slowing down?

The housing market in Franklin is slowing down. In May 2026, homes to buy in Franklin spent an median 85 days on the market, a 3% decrease from May 2025 last year.

How much money should I make to buy a house in Franklin, NC?

In May 2026, Franklin homes were listed to buy for a median price of $359K, with 25% down you would need $1.97K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $67.7K.

Is it a good time to sell my house in Franklin, NC?

Yes now is a good time to sell your house in Franklin, in May 2026, homes in Franklin have decreased in value (price per sqft) by 1% in the last year compared with May 2025.