Franklinton, NC—27525
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Franklinton, NC
As of Oct '25, the median home price in Franklinton, NC is $353,000, with a year-over-year change of -0.0%. This indicates that home prices in Franklinton, NC are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $353,000 | -0.0% |
| Single Family | $353,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | 0.0% |
3 Bed | $337,000 | 0.0% |
4 Bed | $415,000 | -1.0% |
| 5 Bed | $432,000 | -1.8% |
% of Housing Stock
Rental Trends — Franklinton, NC
As of July '25, Rentcast reports the average rent in Franklinton, NC is $1,840, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Franklinton, NC is 1-bedrooms: $963, 2-bedrooms: $1,180, 3-bedrooms: $1,930, 4-bedrooms: $2,430. The most common rental property sizes in Franklinton, NC are 2-bedroom and 3-bedroom, accounting for 61.4% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,020 | $963 |
| 2 Bed Rent | $1,100 | $1,180 |
| 3 Bed Rent | $1,800 | $1,930 |
| 4 Bed Rent | $2,450 | $2,430 |
% of Rental Stock
Property Listings — Franklinton, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Franklinton, NC is 52. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | -3.0% |
Listing Count | 196 | 30.0% |
| Listings as % of Homes | 2.0% | 30.0% |
Days on Market | 52 | -2.0% |
Demographics — Franklinton, NC
As of the latest ACS Survey released in 2023, Franklinton, NC has a population of 16,500, which has increased by 15.1% over the past 5 years. Franklinton, NC is a popular place for families, as children make up 25.9% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,500 | 15.1% |
% Under 18 | 25.9% | 6.6% |
% Seniors | 15.0% | 7.1% |
% WFH | 12.4% | 195.2% |
% w/ College Degree | 26.7% | 26.5% |
As of the latest ACS Survey released in 2023, Franklinton, NC is a predominantly white area, with 66.0% of the population identifying as white. The white population has grown by 13.0% in the last 5 years. The second most common race or ethnicity in Franklinton, NC is black, making up 24.4% of the population. Foreign-born residents account for 3.5% of the population in Franklinton, NC, and this percentage has decreased by 43.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.0% | 13.0% |
% Black | 24.4% | -10.6% |
% Hispanic | 6.3% | -37.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.5% | -43.5% |
Mortgage and Risk — Franklinton, NC
According to HUD data as of 2023, there were 517 mortgage originations in Franklinton, NC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Franklinton, NC. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 517 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Franklinton, NC
As of 2024, the percent of homes in Franklinton, NC under the Section 8 program is 10.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Franklinton, NC, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 118 |
Total Units Section 8 | 118 |
% Rentals under Section 8 | 10.2% |
% Occupied Section 8 | 78.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,020 | $1,320 |
| 2 Bedroom | $390 | $1,100 | $1,490 |
| 3 Bedroom | $40 | $1,800 | $1,840 |
| 4 Bedroom | -$10 | $2,450 | $2,440 |
Affordability — Franklinton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $353,000 |
| Median Household Income | $68,800 |