Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$422,234−2.5% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 13% have cut their price
Income needed to buy, per year$91,532About 1.6× the local median income ($58,831): hard to afford
Days on market109 daysFaster than a year ago: sellers have the edge
The typical home in Franklin County, FL is worth $422,234, down 2.5% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $435,944, so the area is 3.1% undervalued. It is a balanced market, leaning toward buyers: homes take about 109 days to sell, listings are down 6% from a year ago, 13% of listings have had a price cut. A household needs about $91,532 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,831. In the latest IRS figures, 82 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$422,234
Change in 1 year
−2.5%
Overvalued %
−3.1%
Show 6 more
Fair home value
$435,944
Change in 5 years
+6.5%
Home value to income
7.2×
Monthly mortgage payment (20% down)
$2,288
Income needed to afford it
$91,532
Property tax rate
0.63%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,068
Market activity
Listings vs a year ago
−5.8%
Days on market
109
Listings with a price cut
13.3%
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Homes for sale
306
Pending sales per 100 listings
13
Asking price per sq ft
$367
People and jobs
Median household income
$58,831
Population change (1 year)
+0.6%
Unemployment rate
8.5%
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Population
13,029
Income adjusted for cost of living
$62,586
Net moves in (IRS)
+82
Cost of living (US = 100)
94.0
Schools, risk and environment
School rating (1 to 10)
2.5
FEMA hazard risk score (0 to 100)
46.5
Flood risk score
77.4
Show 3 more
Wildfire risk score
77.6
Walkability (1 to 20)
6.8
Road, rail and air noise
55 dB
Questions people ask
Is Franklin County, FL overvalued?
Home prices in Franklin County, FL are slightly below what local incomes have historically supported: fair value is about $435,944, so the area is 3.1% undervalued.
Is Franklin County, FL a buyer's or seller's market?
Franklin County, FL is a balanced market, leaning toward buyers: homes take about 109 days to sell, listings are down 6% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Franklin County, FL?
Home values in Franklin County, FL are down 2.5% over the last year.
How much do you need to earn to buy a home in Franklin County, FL?
A household needs about $91,532 a year to afford the typical home in Franklin County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,831.