The story of this market
The typical home in Franklin County, North Carolina sells for about $293,950, or $175 per square foot.
Prices are down 3.1% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. Over the long run, values in this county have grown 132% since 2000. Last year 6 of 11 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,689 a month.
HUD sets the fair market rent for a 2-bedroom at $1,689 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+1.7%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+19.1%). Worst: 2012 (-4.3%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.7%
NC · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,103
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1.7%
2025 change
FHFA repeat-sales index, median of 11 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
32
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $16,792,802.
Mortgage activity
Home lending in this county
76.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 3964 | 2041 | 76.4% | 2.6% | $195,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Franklin County, North Carolina
Franklin County's housing market is experiencing a cooling phase with a 3.1% year-over-year decline in median sale prices. While inventory remains relatively tight, buyers are finding more leverage as evidenced by a 93.3% sale-to-list ratio and a significant share of listings undergoing price cuts.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 26.5% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 8 cities · 8 ZIP reports
Median prices moved down 6.5% year over year.
Homes spend a median of 94 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 92.44% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.8% — a stable, low-distress profile.
Deterministic aggregate of 5 researched ZIP reports of 8 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 29
researched Sep 29
researched Sep 30
researched Sep 20
researched Sep 19
researched Oct 1
researched Sep 29
researched Oct 4
| 27508 | Bunn | $252,600 | $120 | — | 57 | — | — | — | 2 | $1,128 | researched Sep 29 |
| 27525 | Franklinton | $389,000 | $237 | -8.6% | 59 | 98.5% | 15.8% | 4.6 | 198 | $1,011 | researched Sep 29 |
| 27549 | Louisburg | $380,000 | $195 | — | 101 | 100% | 0% | — | 294 | $1,055 | researched Sep 30 |
| 27583 | Timberlake | $1,388,750 | $704 | 0% | 36 | — | — | — | 2 | $888 | researched Sep 20 |
| 27587 | Wake Forest | $490,000 | $230 | +1% | 32 | — | — | — | 784 | $1,544 | researched Sep 19 |
| 27596 | Youngsville | $415,000 | $205 | +3.2% | 38 | 98.5% | 22% | 4.1 | 255 | $1,211 | researched Oct 1 |
| 27597 | Zebulon | $345,000 | $214 | — | 105 | — | 42.4% | — | 521 | $997 | researched Sep 29 |
| 27816 | Lake Royale | $245,000 | $168 | -66.6% | 74 | 100% | — | — | 15 | $873 | researched Oct 4 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county maintains a mix of manufacturing and construction sectors, with recent job growth observed in retail and service industries.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate.
The rental market shows a year-over-year increase in median asking rents of 4.3%.
The local economy is anchored by manufacturing and construction, with a total employment base of approximately 14,906 jobs.
Data retrieved from US Census Bureau ACS county-level tables.
applies when — Applies to parcels where the title holder has created or is subject to recorded easements, restrictions, or conditions.
Imposes binding limitations on the use, development, or maintenance of the parcel as defined in the recorded instrument.
N.C. Gen. Stat. § 39-6.4
Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate. Assessment is based on the true value in money, with counties required to conduct revaluations at least every eight years.
N.C. Gen. Stat. Chapter 105, Article 12 (2025)
applies when — Applies to parcels governed by a Homeowners' Association (Chapter 47F) or Condominium Association (Chapter 47C) where assessments remain unpaid.
Associations may file a claim of lien and foreclose in a manner similar to a mortgage under power of sale, or through a civil action.
N.C. Gen. Stat. § 47F-3-116 and § 47C-3-116
A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created.
N.C. Gen. Stat. § 105-355
Allows for non-judicial foreclosure, though it requires a hearing before the Clerk of Superior Court to authorize the sale. Borrowers are entitled to a pre-foreclosure notice at least 45 days prior to the filing of a notice of hearing for primary residences.
N.C. Gen. Stat. Chapter 45, Article 2A and Article 11
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.