Zip 77856 (Franklin, TX) Housing

Housing in 77856 Franklin, TX is doing better than the national average. The median value for housing in Franklin is $283,500, which is significantly lower than the US median of $338,100. However, the 1 year house appreciation rate in Franklin is 12.85%, eclipsing the US appreciation rate of 8.27%. This indicates that there's strong demand for housing in the area and buyers are willing to pay a premium to purchase property here.

The median home cost in Franklin (zip 77856) is $283,500. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Franklin (zip 77856) is up 20.4%.

Average Age of Homes

- The median age of Franklin (zip 77856) real estate is 32 years old

The Rental Market in Franklin (zip 77856)

- Renters make up 16.8% of the Franklin (zip 77856) population
- 1.5% of houses and apartments in Franklin (zip 77856), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin, Texas	United States
	2,686.0	139,647,020.0
	33	42
	$283,500	$338,100
	20.4%	16.6%
	60.2%	57.0%
	109.2%	101.1%
	$10.43	$10.98
	$2,123	$2,690
	45.6%	57.4%
	40.1%	11.2%
	14.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.0%	0.4%
	24.2%	3.6%
	13.5%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	5.6%	2.4%
	3.8%	2.8%
	7.3%	3.9%
	4.4%	4.5%
	10.4%	11.3%
	14.0%	13.0%
	17.2%	20.1%
	18.5%	13.6%
	3.6%	8.3%
	3.9%	9.7%
	2.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	4.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	17.6%	13.6%
	17.6%	13.6%
	15.6%	13.6%
	14.9%	13.2%
	16.5%	14.8%
	15.6%	13.6%
	7.4%	10.0%
	2.2%	4.7%
	4.3%	12.2%

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