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Friday, November 15, 2024

Franklin County home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Franklin County rose by $43,000 while total sales increased by 114.8%.

From January through June of 2022, there were 6,343 homes sold, with a median sale price of $260,000 - a 19.8% increase over the $217,000 median sale price for the same period of the previous year. There were 2,953 homes sold in Franklin County in the first half of 2021.

The median sales tax in Franklin County for the most recent year with available data, 2019, was $3,465 approximately 1.3% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Franklin County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$217000$217000$247100$247100$260000$260000

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