Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$261,463+7.1% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$56,680About 0.8× the local median income ($72,458): affordable for a typical household
Days on market44 daysAbout the same pace as a year ago
The typical home in Franklin County, KS is worth $261,463, up 7.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $188,138, so the area is 39.0% overvalued. It is a seller's market: homes take about 44 days to sell, listings are down 7% from a year ago, 18% of listings have had a price cut. A household needs about $56,680 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 $72,458. In the latest IRS figures, 141 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
$261,463
Change in 1 year
+7.1%
Overvalued %
+39.0%
Show 6 more
Fair home value
$188,138
Change in 5 years
+39.2%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,417
Income needed to afford it
$56,680
Property tax rate
1.41%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,179
Market activity
Listings vs a year ago
−7.0%
Days on market
44
Listings with a price cut
18.1%
Show 3 more
Homes for sale
80
Pending sales per 100 listings
40
Asking price per sq ft
$181
People and jobs
Median household income
$72,458
Population change (1 year)
+0.2%
Unemployment rate
3.0%
Show 4 more
Population
26,299
Income adjusted for cost of living
$84,352
Net moves in (IRS)
+141
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.0
FEMA hazard risk score (0 to 100)
43.7
Flood risk score
48.0
Show 3 more
Wildfire risk score
50.2
Walkability (1 to 20)
6.4
Road, rail and air noise
51 dB
Questions people ask
Is Franklin County, KS overvalued?
Home prices in Franklin County, KS are well above what local incomes have historically supported: fair value is about $188,138, so the area is 39.0% overvalued.
Is Franklin County, KS a buyer's or seller's market?
Franklin County, KS is a seller's market: homes take about 44 days to sell, listings are down 7% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Franklin County, KS?
Home values in Franklin County, KS are up 7.1% over the last year.
How much do you need to earn to buy a home in Franklin County, KS?
A household needs about $56,680 a year to afford the typical home in Franklin County, KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,458.