Franklinville, NY—14737
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Franklinville, NY
As of Oct '25, the median home price in Franklinville, NY is $155,000, with a year-over-year change of 3.6%. This indicates that home prices in Franklinville, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | 3.6% |
| Single Family | $155,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | 3.3% |
3 Bed | $163,000 | 3.2% |
4 Bed | $173,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Franklinville, NY
Franklinville, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Franklinville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Franklinville, NY is 43. This is a increase of 54.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $142,000 | 14.0% |
Listing Count | 14 | -21.0% |
| Listings as % of Homes | 0.5% | -21.0% |
Days on Market | 43 | 54.0% |
Demographics — Franklinville, NY
As of the latest ACS Survey released in 2023, Franklinville, NY has a population of 4,070, which has decreased by -6.4% over the past 5 years. Franklinville, NY is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,070 | -6.4% |
% Under 18 | 22.7% | 1.8% |
% Seniors | 23.0% | 21.1% |
% WFH | 14.2% | 914.3% |
% w/ College Degree | 14.2% | -27.9% |
As of the latest ACS Survey released in 2023, Franklinville, NY is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Franklinville, NY is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.9% of the population in Franklinville, NY, and this percentage has increased by 137.5% 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 | 85.2% | -10.8% |
% Black | 0.2% | 0.0% |
% Hispanic | 4.8% | 100.0% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 1.9% | 137.5% |
Mortgage and Risk — Franklinville, NY
According to HUD data as of 2023, there were 59 mortgage originations in Franklinville, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Franklinville, NY. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Franklinville, NY
Franklinville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% 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 | $730 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — Franklinville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $155,000 |
| Median Household Income | $56,800 |