Franklin County real estate, your questions answered.
Short answer: as of 2026-06-09, Franklin County scores 20/100 (frothy) on our buyer-value scale, the typical home is worth $419,703, the market looks about 37% overvalued, and average insurance runs about $2,575 a year.
Answers update from live data (2026-06-09). For the full numbers, see the Franklin County housing scorecard.
Is now a good time to buy a house in Franklin County?
As of 2026-06-09, our Momentum Market Score for Franklin County is 20 out of 100, which reads frothy, meaning the market is expensive against incomes and tight for buyers. Prices are falling (-5.5% over the past year) and the area looks about 37% overvalued versus local incomes. A higher score means more buyer value and negotiating leverage; see the full Franklin County scorecard for the breakdown.
Is Franklin County a buyer's or seller's market?
Franklin County currently reads frothy on our 0 to 100 score (20/100), so it is expensive against incomes and tight for buyers. The score blends home value versus local incomes, price cuts, inventory trend, affordability and rent yield.
Are home prices going up or down in Franklin County?
The typical home in Franklin County is worth $419,703 (Zillow, 2026-06-09). Prices are falling over the last year (-5.5%) and have moved about 3.7% a year over five years.
Is Franklin County housing overvalued?
On price versus the area's own long-run relationship with local income, Franklin County looks about 37% overvalued, with a price-to-income ratio of 6.69x. This compares the current typical value to its historical norm, not to other markets.
How much does a house cost in Franklin County?
The typical Franklin County home is worth about $419,703 as of 2026-06-09, against a county median household income near $62,734.
How much is homeowners insurance in Franklin County?
The average Citizens Property Insurance premium in Franklin County is about $2,575 a year. Citizens is Florida's insurer of last resort, so that is a realistic floor; private quotes vary by roof age, elevation and flood zone. In Florida, insurance is now one of the largest line items in a housing budget.
Are people moving to or from Franklin County?
In the latest IRS migration data, Franklin County is net gaining about 55 households a year.
Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED, IRS migration, Citizens Property Insurance. Scores by Momentum Realty. Informational only, not investment, legal or insurance advice. Franklin County scorecard · all county Q&A · all scorecards.