Homes for Sale Under 200K in Franklin, NC

334 Homes for Sale

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Franklin, NC Housing Market Overview

Franklin's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 3-month supply of homes and an average of 74 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

74

Inventory

334

Aug 2021May 2024Jul 2026

Median Home Price

$393,950Down 17.23%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
334 Up 34.48%
Newly Listed Homes
8 Down 0.00%
Months of Supply
3 Up 34.48%

Housing Demand

Homes Sold
13 Down 0.00%
Sale-to-List Ratio
96.8% Down 3.39%
Homes Sold Above List
0% Down 100.00%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Franklin Market Report
  • mls-imgIDX Logo

    Based on information from the Doorify MLS (Triangle MLS, Inc.) through Sep 5, 2026, 10:45 AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2024 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2024 Doorify MLS, Inc. of North Carolina. All Rights Reserved.

  • mls-img
    Based on information from the Hive MLS, through Sep 5, 2026, 10:45 AM. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of Sep 5, 2026, 10:45 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Chosen Realty LLC nor Houzeo shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Hive MLS. All Rights Reserved.

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Franklin, NC Housing Marketlink qauare
Homes Available icon

334

Homes Available

Median List Price icon

$ 393,950

Median List Price

Avg on Market icon

74 Days

Avg on Market

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