Franklin, ID—83237
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Franklin, ID
As of Oct '25, the median home price in Franklin, ID is $414,000, with a year-over-year change of -0.5%. This indicates that home prices in Franklin, ID are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $414,000 | -0.5% |
| Single Family | $415,000 | -0.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $359,000 | -0.6% |
4 Bed | $468,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Franklin, ID
Franklin, ID lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Franklin, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Franklin, ID is 68. This is a decrease of -13.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $462,000 | -10.0% |
Listing Count | 6 | -29.0% |
| Listings as % of Homes | 1.1% | -29.0% |
Days on Market | 68 | -13.0% |
Demographics — Franklin, ID
As of the latest ACS Survey released in 2023, Franklin, ID has a population of 1,370, which has increased by 41.8% over the past 5 years. Franklin, ID is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,370 | 41.8% |
% Under 18 | 27.5% | -1.1% |
% Seniors | 14.3% | 28.8% |
% WFH | 18.9% | 600.0% |
% w/ College Degree | 15.2% | -50.2% |
As of the latest ACS Survey released in 2023, Franklin, ID is a predominantly white area, with 83.8% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Franklin, ID is hispanic, making up 15.7% of the population. Foreign-born residents account for 6.9% of the population in Franklin, ID, and this percentage has increased by 64.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.8% | -8.9% |
% Black | 0.0% | N/A |
% Hispanic | 15.7% | 109.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.9% | 64.3% |
Mortgage and Risk — Franklin, ID
Franklin, ID lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Franklin, ID
Franklin, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,250 |
| 3 Bedroom | -$350 | $2,100 | $1,750 |
| 4 Bedroom | N/A | N/A | $2,100 |
Affordability — Franklin, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $414,000 |
| Median Household Income | $78,400 |