Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$151,515+5.8% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$32,845About 0.5× the local median income ($63,738): affordable for a typical household
Days on market94 daysSlower than a year ago: buyers have time to negotiate
The typical home in Franklin County, NE is worth $151,515, up 5.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $134,932, so the area is 12.3% overvalued. It is a seller's market: homes take about 94 days to sell, listings are down 12% from a year ago, 0% of listings have had a price cut. A household needs about $32,845 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 $63,738. In the latest IRS figures, 24 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
$151,515
Change in 1 year
+5.8%
Overvalued %
+12.3%
Show 6 more
Fair home value
$134,932
Change in 5 years
+36.5%
Home value to income
2.4×
Monthly mortgage payment (20% down)
$821
Income needed to afford it
$32,845
Property tax rate
1.28%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−12.5%
Days on market
94
Listings with a price cut
0.0%
Show 3 more
Homes for sale
7
Pending sales per 100 listings
43
Asking price per sq ft
$73
People and jobs
Median household income
$63,738
Population change (1 year)
−0.9%
Unemployment rate
2.7%
Show 4 more
Population
2,795
Income adjusted for cost of living
$73,856
Net moves in (IRS)
+24
Cost of living (US = 100)
86.3
Schools, risk and environment
School rating (1 to 10)
6.4
FEMA hazard risk score (0 to 100)
32.2
Flood risk score
9.5
Show 3 more
Wildfire risk score
40.6
Walkability (1 to 20)
6.2
Road, rail and air noise
53 dB
Questions people ask
Is Franklin County, NE overvalued?
Home prices in Franklin County, NE are well above what local incomes have historically supported: fair value is about $134,932, so the area is 12.3% overvalued.
Is Franklin County, NE a buyer's or seller's market?
Franklin County, NE is a seller's market: homes take about 94 days to sell, listings are down 12% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Franklin County, NE?
Home values in Franklin County, NE are up 5.8% over the last year.
How much do you need to earn to buy a home in Franklin County, NE?
A household needs about $32,845 a year to afford the typical home in Franklin County, NE at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,738.