Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$178,454+7.6% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 7% have cut their price
Income needed to buy, per year$38,685About 0.6× the local median income ($63,460): affordable for a typical household
Days on market102 daysAbout the same pace as a year ago
The typical home in Franklin County, NY is worth $178,454, up 7.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $166,050, so the area is 7.5% overvalued. It is a seller's market: homes take about 102 days to sell, listings are down 18% from a year ago, 7% of listings have had a price cut. A household needs about $38,685 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 $63,460. In the latest IRS figures, 112 more people moved out than in.
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
$178,454
Change in 1 year
+7.6%
Overvalued %
+7.5%
Show 6 more
Fair home value
$166,050
Change in 5 years
+23.6%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$967
Income needed to afford it
$38,685
Property tax rate
1.68%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−18.4%
Days on market
102
Listings with a price cut
6.6%
Show 3 more
Homes for sale
168
Pending sales per 100 listings
45
Asking price per sq ft
$148
People and jobs
Median household income
$63,460
Population change (1 year)
−1.0%
Unemployment rate
3.9%
Show 4 more
Population
46,500
Income adjusted for cost of living
$69,279
Net moves in (IRS)
−112
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
2.3
FEMA hazard risk score (0 to 100)
48.9
Unhealthy air days a year
0
Show 4 more
Flood risk score
67.1
Wildfire risk score
17.5
Walkability (1 to 20)
5.6
Road, rail and air noise
54 dB
Questions people ask
Is Franklin County, NY overvalued?
Home prices in Franklin County, NY are slightly above what local incomes have historically supported: fair value is about $166,050, so the area is 7.5% overvalued.
Is Franklin County, NY a buyer's or seller's market?
Franklin County, NY is a seller's market: homes take about 102 days to sell, listings are down 18% from a year ago, 7% of listings have had a price cut.
Are home prices going down in Franklin County, NY?
Home values in Franklin County, NY are up 7.6% over the last year.
How much do you need to earn to buy a home in Franklin County, NY?
A household needs about $38,685 a year to afford the typical home in Franklin County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,460.