Market Overview
Home Prices in Franklin Furnace, OH
The median home value in Franklin Furnace, OH is $179,905 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Franklin Furnace are priced56% below average. Franklin Furnace is part of the Portsmouth, OH metro area.
Over the past five years, Franklin Furnace home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Franklin Furnace Home Price Trend
City Comparison
Franklin Furnace vs. National Median
At $179,905, homes in Franklin Furnace cost 56% below the national median of $410,000. This makes Franklin Furnace a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Franklin Furnace?
20% Down Payment
$35,981
on $179,905
Monthly P&I
$938/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,191/mo
incl. taxes & insurance
Income Needed
$47,640
gross annual (30% rule)
10% Down Option
$17,991
+ PMI applies
Loan Amount (20% dn)
$143,924
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 Furnace, OH?
The median home value in Franklin Furnace is $179,905 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Franklin Furnace?
Over the past year, home values in Franklin Furnace have increased by 9.1%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Franklin Furnace?
To comfortably afford the median home price of $179,905 with a 20% down payment ($35,981) at today's rates (6.8%), you'd need a gross annual income of approximately $47,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Franklin Furnace compare to the national average home price?
The national median home value is approximately $410,000. At $179,905, homes in Franklin Furnace are 56% below the national average.
What metro area is Franklin Furnace part of?
Franklin Furnace is part of the Portsmouth, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.