Franklin County, Georgia Housing Market

In Franklin County, Georgia, the median home value is $179,000, with a median monthly rent of $844. This places Franklin County at #1650 nationally out of 3134 counties by median home value, and #76 within Georgia.

Median Home Value $179,000
Median Rent $844/mo
Owner Occupancy 77.2%
Price/Rent Ratio 17.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Franklin County rose +7.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

7,134
jobs (private sector)
  • Avg weekly wage: $933
  • Establishments: 576
  • BLS QCEW, 2025
🏗️

Housing Supply

142
new units authorized (2025)
  • Single-family: 142
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+572
net migration (filers, 2021-2022)
  • Inflow: 8,744 (avg $57,753)
  • Outflow: 8,172 (avg $57,764)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Franklin County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 30557 264.7 +15.60% 2025
2 30553 270.3 +0.43% 2025
3 30520 277.9 +0.75% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Franklin County Compares

MetricFranklin CountyGeorgia AverageU.S. Average
Median Home Value $179,000 $197,932 $227,706
Median Gross Rent $844 $965 $968
Owner Occupancy Rate 77.2% 70.6% 73.3%
Price/Rent Ratio 17.7 16.6 18.7

Market Analysis

The median home value in Franklin County is 9.6% below the Georgia state average and 21.4% below the U.S. national average. The median rent of $844/month is 12.5% below the state average.

With a price-to-rent ratio of 17.7, the buy-vs-rent decision in Franklin County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Franklin County has an owner-occupancy rate of 77.2%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Bedford County Pennsylvania $179,000 $784
Mecosta County Michigan $178,900 $934
Otsego County New York $179,100 $987
Washington County Kentucky $179,200 $744
Cuming County Nebraska $178,800 $789

Other Counties in Georgia

CountyMedian Home ValueMedian RentOwner Occ.
Richmond County $178,500 $1,141 51.2%
Murray County $180,700 $857 73.8%
Baldwin County $181,900 $923 61.1%
Stephens County $175,300 $820 73.6%
McIntosh County $182,700 $800 80.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).