Market Overview
Home Prices in Franklin Springs, GA
The median home value in Franklin Springs, GA is $286,560 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.1% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Franklin Springs are priced30% below average.
Over the past five years, Franklin Springs home values have risen by approximately55.6%, reflecting strong long-term appreciation in this market.
Price History
Franklin Springs Home Price Trend
City Comparison
Franklin Springs vs. National Median
At $286,560, homes in Franklin Springs cost 30% below the national median of $410,000. This makes Franklin Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Franklin Springs?
20% Down Payment
$57,312
on $286,560
Monthly P&I
$1,495/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,899/mo
incl. taxes & insurance
Income Needed
$75,960
gross annual (30% rule)
10% Down Option
$28,656
+ PMI applies
Loan Amount (20% dn)
$229,248
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Franklin Springs, GA?
The median home value in Franklin Springs is $286,560 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.1% year-over-year.
How much have home prices changed in Franklin Springs?
Over the past year, home values in Franklin Springs have increased by 7.1%. Over five years, prices have risen approximately 55.6%.
How much do I need to earn to buy a home in Franklin Springs?
To comfortably afford the median home price of $286,560 with a 20% down payment ($57,312) at today's rates (6.8%), you'd need a gross annual income of approximately $75,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Franklin Springs compare to the national average home price?
The national median home value is approximately $410,000. At $286,560, homes in Franklin Springs are 30% below the national average.