Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$311,993+2.6% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$67,634About 1.0× the local median income ($67,120): a stretch for a typical household
Days on market100 daysAbout the same pace as a year ago
The typical home in Franklin County, TX is worth $311,993, up 2.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $304,765, so the area is 2.4% overvalued. It is a balanced market: homes take about 100 days to sell, listings are down 1% from a year ago, 17% of listings have had a price cut. A household needs about $67,634 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 $67,120. In the latest IRS figures, 73 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
$311,993
Change in 1 year
+2.6%
Overvalued %
+2.4%
Show 6 more
Fair home value
$304,765
Change in 5 years
+12.0%
Home value to income
4.6×
Monthly mortgage payment (20% down)
$1,691
Income needed to afford it
$67,634
Property tax rate
0.89%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,151
Market activity
Listings vs a year ago
−1.0%
Days on market
100
Listings with a price cut
17.3%
Show 3 more
Homes for sale
103
Pending sales per 100 listings
9
Asking price per sq ft
$228
People and jobs
Median household income
$67,120
Population change (1 year)
+1.4%
Unemployment rate
4.4%
Show 4 more
Population
10,994
Income adjusted for cost of living
$76,446
Net moves in (IRS)
+73
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
24.8
Flood risk score
17.0
Show 3 more
Wildfire risk score
58.8
Walkability (1 to 20)
4.9
Road, rail and air noise
53 dB
Questions people ask
Is Franklin County, TX overvalued?
Home prices in Franklin County, TX are slightly above what local incomes have historically supported: fair value is about $304,765, so the area is 2.4% overvalued.
Is Franklin County, TX a buyer's or seller's market?
Franklin County, TX is a balanced market: homes take about 100 days to sell, listings are down 1% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Franklin County, TX?
Home values in Franklin County, TX are up 2.6% over the last year.
How much do you need to earn to buy a home in Franklin County, TX?
A household needs about $67,634 a year to afford the typical home in Franklin County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,120.