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Franklin, OH
Full City Profile · Ohio · Warren County County
2.9
/5.0
C+
Fair
11,670
Population
1,238/sq mi density
$58,134
Median Income
$31,686 per capita
$170,800
Home Value
$258,472 Zillow
$976
Median Rent
27.7% income on rent
53°F
Avg Temperature
293 sunny days/yr
291
Violent Crime/100K
4,291 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$58,134 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$170,800 home value, $976/mo rent
F
Safety
1.0 / 5.0
291 violent crimes/100K
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher
Housing Overview
Median Home Value
$170,800
39% below
US avg: $281,900
Median Rent
$976/mo
16% below
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
4,974
Median year built: 1967
Home Value by Source
Census Median
$170,800
Zillow (ZHVI)
$258,472
Median Sale Price
$231,775
Median List Price
$231,850
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.3%
Owner-Occupied
39.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,111/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,430/mo
3 Bedroom
$1,715/mo
4 Bedroom
$1,927/mo
Census median rent:
$976/mo
Market Indicators (Redfin)
Median Days on Market
92 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$166
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
60.3%
Complete Housing Data
Home Values
| Census Median Value | $170,800 |
| Zillow Home Value (ZHVI) | $258,472 |
| Median Sale Price | $231,775 |
| Median List Price | $231,850 |
| Price Per Sq Ft | $166 |
Rent
| Census Median Rent | $976 |
| FMR Studio | $1,111 |
| FMR 1-Bedroom | $1,194 |
| FMR 2-Bedroom | $1,430 |
| FMR 3-Bedroom | $1,715 |
| FMR 4-Bedroom | $1,927 |
Market
| Days on Market | 92 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 8 |
| Active Inventory | 20 |
| Price Per Sq Ft | $166 |
Ownership & Stock
| Owner-Occupied | 60.3% |
| Renter-Occupied | 39.7% |
| Homeownership Rate | 60.3% |
| Total Housing Units | 4,974 |
| Median Year Built | 1967 |
| Rent Burden | 27.7% |