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These days, finding an affordable place to live in the Franklinville area can be challenging. Home prices in Franklinville are now at a median cost of $187,913, lower than the North Carolina average of $323,314.
The average cost of rent is $818/mo in Franklinville, primarily driven by the current value of real estate in the Franklinville area. In Franklinville, 22.28% of households rent, and 40.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Franklinville is $5,652 per month. Households that rent pay about 14.48% of their income on rent here. Franklinville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grays Chapel, NC: higher priced homes
- Ramseur, NC: equally priced homes
- Randleman, NC: equally priced homes
- Staley, NC: equally priced homes
- Asheboro, NC: equally priced homes
- Parks Crossroads, NC: equally priced homes
- North Asheboro, NC: higher priced homes
- New Market, NC: equally priced homes
- Liberty, NC: higher priced homes
- Sophia, NC: equally priced homes
Cities with Similar Populations
- Clifton Forge, VA: less expensive homes
- Coker, AL: higher priced homes
- Stanton, MI: less expensive homes
- Cohutta, GA: higher priced homes
- Cohasset, MN: higher priced homes
- Cogan Station, PA: higher priced homes
- Coeburn, VA: less expensive homes
- Cochranville, PA: higher priced homes
- Coal Valley, IL: higher priced homes
- Cloverdale, IN: equally priced homes
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