Franklin, GA—30217
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Franklin, GA
As of Oct '25, the median home price in Franklin, GA is $247,000, with a year-over-year change of -1.3%. This indicates that home prices in Franklin, GA are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | -1.3% |
| Single Family | $247,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $178,000 | -3.8% |
3 Bed | $250,000 | -0.8% |
4 Bed | $317,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Franklin, GA
As of July '25, Rentcast reports the average rent in Franklin, GA is $2,500, with a year-over-year rent change of 108.3%. Per bedroom, the median rent as of July '25 in Franklin, GA is 3-bedrooms: $2,500. The most common rental property sizes in Franklin, GA are 3-bedroom and 2-bedroom, accounting for 47.8% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Franklin, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Franklin, GA is 55. This is a increase of 35.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $328,000 | 3.0% |
Listing Count | 46 | 55.0% |
| Listings as % of Homes | 0.3% | 55.0% |
Days on Market | 55 | 35.0% |
Demographics — Franklin, GA
As of the latest ACS Survey released in 2023, Franklin, GA has a population of 9,700, which has increased by 6.1% over the past 5 years. Franklin, GA is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 10.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,700 | 6.1% |
% Under 18 | 23.1% | -2.1% |
% Seniors | 17.7% | 4.7% |
% WFH | 3.4% | 240.0% |
% w/ College Degree | 10.2% | -1.0% |
As of the latest ACS Survey released in 2023, Franklin, GA is a predominantly white area, with 84.5% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Franklin, GA is black, making up 8.2% of the population. Foreign-born residents account for 1.5% of the population in Franklin, GA, and this percentage has decreased by 6.2% 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 | 84.5% | 2.2% |
% Black | 8.2% | -28.7% |
% Hispanic | 2.6% | -3.7% |
% Asian | 0.9% | 50.0% |
% Foreign Born | 1.5% | -6.2% |
Mortgage and Risk — Franklin, GA
According to HUD data as of 2023, there were 175 mortgage originations in Franklin, GA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Franklin, GA. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 175 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Franklin, GA
Franklin, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 80 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | -$1,240 | $2,500 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Franklin, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $247,000 |
| Median Household Income | $58,500 |