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Franklin, OH Housing

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As of 2010-2014, median price of a house in Franklin is $110,500, which is lower than the state average of $129,600 and is lower than the national average of $175,700. The Franklin median house value has grown by 19.85% since 2000. The growth rate for the price of a house in Franklin is lower than the state average rate of 24.98% and is lower than the national average rate of 46.91%. The median year that a house in Franklin was built is 1965, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,591 Owner Occupied Houses in Franklin, OH, #450

Franklin, OH	110,500 USD
Ohio	129,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #502

Franklin, OH	19.85%
Ohio	24.98%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Franklin, OH	Ohio	U.S.
Total Housing Units	5,020, see rank, 100%	5,135,173	132,741,033
Occupied Housing Units	4,613, 91.89%, see rank	88.99%	87.55%
Owner Occupied	2,591, 51.61%, see rank	59.52%	56.34%
Renter Occupied	2,022, 40.28%, see rank	29.48%	31.21%
Vacant Housing Units	407, 8.11%, see rank	11.01%	12.45%
For Rent	34, 0.68%, see rank	2.34%	2.34%
For Sale Only	67, 1.33%, see rank	1.24%	1.20%
Rented or Sold, Not Occupied	36, 0.72%, see rank	0.88%	0.92%
For Seasonal, Recreational, or Occasional Use	52, 1.04%, see rank	1.09%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	218, 4.34%, see rank	5.44%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #417

Franklin, OH	Ohio	U.S.
1965	1967	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Franklin, OH	%	Ohio	U.S.
Owner-Occupied Units	2,591	100%	3,056,206	74,787,460
With a Mortgage	1,850	71.40%, see rank	66.04%	65.58%
Without a Mortgage	741	28.60%, see rank	33.96%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Franklin, OH	1,236 USD
Ohio	1,274 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Franklin, OH	%	Ohio	U.S.
$299 or Less	0	0.00%, see rank	0.23%	0.20%
$300 to $499	38	2.05%, see rank	2.18%	1.59%
$500 to $699	110	5.95%, see rank	6.80%	5.01%
$700 to $999	398	21.51%, see rank	20.08%	14.32%
$1,000 to $1,499	865	46.76%, see rank	35.36%	27.90%
$1,500 to $1,999	392	21.19%, see rank	19.46%	20.35%
$2,000 to $2,999	37	2.00%, see rank	12.09%	19.52%
$3,000 or More	10	0.54%, see rank	3.79%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Franklin, OH	21.20% of the Total Income
Ohio	21.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Franklin, OH	%	Ohio	U.S.
10% or Less	74	4.00%, see rank	6.41%	5.86%
10% to 20%	795	42.97%, see rank	36.96%	31.95%
20% to 30%	399	21.57%, see rank	28.24%	27.64%
30% to 40%	256	13.84%, see rank	12.07%	13.74%
40% or More	326	17.62%, see rank	15.95%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Franklin, OH	381 USD
Ohio	442 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Franklin, OH	%	Ohio	U.S.
$199 or Less	20	2.70%, see rank	5.13%	7.76%
$200 to $299	131	17.68%, see rank	14.20%	14.70%
$300 to $499	430	58.03%, see rank	42.71%	34.63%
$500 to $699	144	19.43%, see rank	23.95%	21.16%
$700 or More	16	2.16%, see rank	14.02%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Franklin, OH	14.60% of the Total Income
Ohio	12.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Franklin, OH	%	Ohio	U.S.
10% or Less	253	34.14%, see rank	38.42%	40.19%
10% to 20%	297	40.08%, see rank	34.59%	31.47%
20% to 30%	48	6.48%, see rank	12.85%	12.24%
30% to 40%	101	13.63%, see rank	5.47%	5.64%
40% or More	42	5.67%, see rank	7.60%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Franklin, OH	Ohio	U.S.
Total Housing Units	5,020, 100%	5,135,173	132,741,033
1-unit, Detached	3,715, 74.00%, see rank	68.46%	61.65%
1-unit, Attached	144, 2.87%, see rank	4.55%	5.82%
2 Units	166, 3.31%, see rank	4.43%	3.75%
3 or 4 Units	230, 4.58%, see rank	4.45%	4.43%
5 to 9 Units	285, 5.68%, see rank	4.80%	4.78%
10 or More Units	441, 8.78%, see rank	9.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	39, 0.78%, see rank	3.95%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Franklin, OH	Ohio	U.S.
Total Housing Units	5,020, 100%	5,135,173	132,741,033
1 Room	20, 0.40%, see rank	1.26%	1.95%
2 Rooms	68, 1.35%, see rank	1.48%	2.48%
3 Rooms	448, 8.92%, see rank	6.77%	9.13%
4 Rooms	770, 15.34%, see rank	13.78%	16.60%
5 Rooms	1,508, 30.04%, see rank	19.68%	20.41%
6 Rooms	983, 19.58%, see rank	20.19%	18.06%
7 Rooms	471, 9.38%, see rank	14.38%	12.27%
8 Rooms	378, 7.53%, see rank	10.23%	8.48%
9 Rooms or More	374, 7.45%, see rank	12.22%	10.60%
Median Rooms	5.30, see rank	5.80	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Franklin, OH	Ohio	U.S.
Total Housing Units	5,020, 100%	5,135,173	132,741,033
No Bedroom	30, 0.60%, see rank	1.39%	2.17%
1 Bedroom	522, 10.40%, see rank	9.42%	11.16%
2 Bedrooms	1,272, 25.34%, see rank	26.51%	26.69%
3 Bedrooms	2,551, 50.82%, see rank	42.46%	39.70%
4 Bedrooms	610, 12.15%, see rank	17.04%	16.05%
5 or More Bedrooms	35, 0.70%, see rank	3.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Franklin, OH	Ohio	U.S.
Total Housing Units	4,613, 100%	4,570,015	116,211,092
Utility Gas	2,977, 64.54%, see rank	66.89%	48.85%
Bottled, Tank, or LP Gas	69, 1.50%, see rank	5.26%	4.86%
Electricity	1,420, 30.78%, see rank	22.05%	36.68%
Fuel Oil, Kerosene, etc.	47, 1.02%, see rank	2.60%	5.86%
Coal or Coke	0, 0.00%, see rank	0.07%	0.12%
Wood	68, 1.47%, see rank	2.02%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	5, 0.11%, see rank	0.72%	0.47%
No Fuel Used	27, 0.59%, see rank	0.37%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Franklin, OH	Ohio	U.S.
Occupied Units Paying Rent	1,940, 100%	1,432,383	39,201,928
$199 or Less	26, 1.34%, see rank	2.68%	1.50%
$200 to $299	64, 3.30%, see rank	3.98%	3.18%
$300 to $499	187, 9.64%, see rank	11.48%	7.37%
$500 to $699	479, 24.69%, see rank	27.69%	16.01%
$700 to $999	589, 30.36%, see rank	34.69%	29.17%
$1,000 to $1,499	546, 28.14%, see rank	15.67%	26.88%
$1,500 to $1,999	25, 1.29%, see rank	2.43%	9.79%
$2,000 or More	24, 1.24%, see rank	1.39%	6.10%
Median	$791, see rank	$729	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Franklin, OH	Ohio	U.S.
Occupied Housing Units	4,613, 100%	4,570,015	116,211,092
No Vehicles Available	278, 6.03%, see rank	8.41%	9.12%
1 Vehicles Available	1,684, 36.51%, see rank	33.90%	33.80%
2 Vehicles Available	1,916, 41.53%, see rank	37.74%	37.48%
3 or More Vehicles Available	735, 15.93%, see rank	19.95%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.