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Home values, rents and more in ZIP code 28734 (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
+1.5%
North Carolina: −0.2% · U.S.: +1.2%
Typical rent
$1,125/mo
North Carolina: $1,603 · U.S.: $1,932
Population
29,659
ACS 2020–24
Median household income
$54,021
North Carolina: $72,388 · U.S.: $80,734
ZIP codes around 28734, shaded by typical home value28734289042871328779287232874128781287632878930568287023053728775
  • Under $300k
  • $300k–$330k
  • $330k–$390k
  • $390k–$450k
  • $450k+
  • No data
ZIP codes around 28734, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 28734 is outlined.

How 28734 compares

The typical home in ZIP code 28734 (Franklin, NC) is worth about $298,000, according to the Zillow Home Value Index for September 2026. Home values in 28734 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 28734 rose 1.5%, 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 $54,021, against $72,388 in North Carolina and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 29,659 people live in 28734 (American Community Survey 2020–24).

28734 has the 321st-highest typical home value of the 719 ZIP codes in North Carolina with Zillow figures.

Part of: Franklin, NC · Macon County, NC · North Carolina

More for 28734 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 28734 and every other place.

  • 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
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • 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 ZIP codes

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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