Home prices
The median home in Franklin is valued at $48,000. In comparison to other places in this area this is about $24,920 (34%) lower.Compared to the entire country it is approximately $169,500 (77%) lower, and is about $104,900 (68%) lower in comparison to the city of Jonesboro.
Rents
The median rent in Franklin is $506 a month. This is about $23 (4%) lower compared to its surrounding areas.It is roughly $556 (52%) lower compared to the rest of the nation, and it is roughly $258 (33%) lower in comparison to the city of Jonesboro.
Nearby places
Horseshoe Bend
Horseshoe Bend is roughly 3 miles northeast of Franklin. Housing prices there are a lot more expensive. Horseshoe Bend's median home price is $74,200, which comes out to $26,200 (35%) higher than Franklin. Rents there are a little more expensive. The median rent in Horseshoe Bend is $620 a month, which is $114 (18%) higher than Franklin.
Oxford
Oxford is about 7 miles west from Franklin. Housing prices there are substantially more expensive. Oxford's median home price is $71,900, which comes out to $23,900 (33%) higher than Franklin. Its rents are a bit more expensive. In Oxford the median monthly rent is $544, which works out to $38 (6%) higher than Franklin.
Ash Flat
Ash Flat is roughly 9 miles northeast from Franklin. Real estate prices there are significantly more expensive. The cost of the median home in Ash Flat is $76,800, which comes out to $28,800 (37%) higher than Franklin. Its rents are somewhat less expensive. The median rent in Ash Flat is $412 per month, which comes out to $94 (22%) lower than Franklin.
Melbourne
Melbourne is approximately 9 miles southwest of Franklin. Real estate prices there are a lot more expensive. Melbourne's median home cost is $79,600, which works out to $31,600 (39%) higher than Franklin. Rents there are pretty similar. In Melbourne the median monthly rent is $514, which comes out to $8 (1%) higher than Franklin.
Evening Shade
Evening Shade is about 10 miles southeast from Franklin. Its real estate prices are a bit more expensive. The median home price in Evening Shade is $62,100, which works out to $14,100 (22%) higher than Franklin. Its rents are a bit more expensive. Evening Shade's median rent is $557 a month, which works out to $51 (9%) higher than Franklin.
