Market Overview
Home Prices in Franklinton, NC
The median home value in Franklinton, NC is $360,591 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Franklinton are priced12% below average. Franklinton is part of the Raleigh-Cary, NC metro area.
Over the past five years, Franklinton home values have risen by approximately31.1%, reflecting strong long-term appreciation in this market.
Price History
Franklinton Home Price Trend
City Comparison
Franklinton vs. National Median
At $360,591, homes in Franklinton cost 12% below the national median of $410,000. This makes Franklinton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Franklinton?
20% Down Payment
$72,118
on $360,591
Monthly P&I
$1,881/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,389/mo
incl. taxes & insurance
Income Needed
$95,560
gross annual (30% rule)
10% Down Option
$36,059
+ PMI applies
Loan Amount (20% dn)
$288,473
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 Franklinton, NC?
The median home value in Franklinton is $360,591 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Franklinton?
Over the past year, home values in Franklinton have decreased by 0.1%. Over five years, prices have risen approximately 31.1%.
How much do I need to earn to buy a home in Franklinton?
To comfortably afford the median home price of $360,591 with a 20% down payment ($72,118) at today's rates (6.8%), you'd need a gross annual income of approximately $95,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Franklinton compare to the national average home price?
The national median home value is approximately $410,000. At $360,591, homes in Franklinton are 12% below the national average.
What metro area is Franklinton part of?
Franklinton is part of the Raleigh-Cary, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.