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Home values, rents and more in Franklin, NC

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$298,000
North Carolina: $332,000 · U.S.: $366,000
Home values, past year
+1.4%
North Carolina: −0.2% · U.S.: +1.2%
Typical rent
$1,125/mo
North Carolina: $1,603 · U.S.: $1,932
Population
4,268
ACS 2020–24
Median household income
$47,888
North Carolina: $72,388 · U.S.: $80,734
ZIP codes around Franklin, NC, shaded by typical home valueFranklin28734
  • Under $0k
  • No data
ZIP codes around Franklin, NC, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Franklin is outlined.

How Franklin compares

The typical home in Franklin, NC is worth about $298,000, according to the Zillow Home Value Index for September 2026. Home values in Franklin are 10% below the typical value in North Carolina ($332,000) and 19% below the U.S. typical value ($366,000).

Over the past year, home values in Franklin rose 1.4%, compared with −0.2% in North Carolina and +1.2% nationally.

Typical rent is $1,125 a month (Zillow Observed Rent Index), 30% below North Carolina ($1,603) and 42% below the U.S. ($1,932).

The median household income is $47,888, against $72,388 in North Carolina and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,268 people live in Franklin (American Community Survey 2020–24).

Franklin has the 219th-highest typical home value of the 541 cities in North Carolina with Zillow figures.

Part of: Macon County, NC · North Carolina

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Franklin, NC

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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