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Franklinton, NC

Full City Profile · North Carolina · Franklin County County

3.1 /5.0
B Good
2,562 Population 1,377/sq mi density
$64,053 Median Income $30,659 per capita
$195,800 Home Value $356,706 Zillow
$995 Median Rent 38.3% income on rent
59°F Avg Temperature 305 sunny days/yr
810 Violent Crime/100K 4,051 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$64,053 median income, 6.2% unemployment
A+
Affordability
5.0 / 5.0
$195,800 home value, $995/mo rent
F
Safety
1.0 / 5.0
810 violent crimes/100K (113% above avg)
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher

Housing Overview

Median Home Value
$195,800
31% below
US avg: $281,900
Median Rent
$995/mo
14% below
US avg: $1,163/mo
Homeownership Rate
67.4%
3% above US avg (65.4%)
Total Housing Units
1,022
Median year built: 1956

Home Value by Source

Census Median
$195,800
Zillow (ZHVI)
$356,706
Median Sale Price
$305,000
Median List Price
$324,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.4%
Owner-Occupied
32.6%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $995/mo · Zillow rent: $2,305/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
34.6%
of listings with price reduction
Price Per Sq Ft
$194
Active Inventory
26
homes for sale

Affordability & Housing Stock

Rent Burden
38.3%
of renters spending 30%+ of income on housing
24% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
67.4%

Complete Housing Data

Home Values

Census Median Value$195,800
Zillow Home Value (ZHVI)$356,706
Median Sale Price$305,000
Median List Price$324,900
Price Per Sq Ft$194

Rent

Census Median Rent$995
Zillow Rent (ZORI)$2,305
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops34.6%
Homes Sold8
Active Inventory26
Price Per Sq Ft$194

Ownership & Stock

Owner-Occupied67.4%
Renter-Occupied32.6%
Homeownership Rate67.4%
Total Housing Units1,022
Median Year Built1956
Rent Burden38.3%