Home prices
The median home price in Franklin is $187,600. Compared to its nearby areas this is approximately $9,880 (5%) lower.It is roughly $29,900 (13%) lower compared to the rest of the nation, and is roughly $418,400 (69%) lower compared to the city of New York.
Rents
The median monthly rent in Franklin is $1,064. This is roughly $288 (21%) lower compared to other places in this area.It is is very similar in comparison to the entire nation, and is about $379 (26%) lower compared to the city of New York.
Nearby places
Ogdensburg
Ogdensburg is Franklin's neighbor to the south. Its housing prices are somewhat more expensive. The median home cost in Ogdensburg is $223,400, which works out to $35,800 (16%) higher than Franklin. The rent there is a little more expensive. Ogdensburg's median monthly rent is $1,440, which comes out to $376 (26%) higher than Franklin.
Hamburg
Hamburg is Franklin's neighbor to the north. The real estate prices there are pretty similar. The median home in Hamburg is valued at $182,500, which comes out to $5,100 (2%) lower than Franklin. Rents there are a little more expensive. The median monthly rent in Hamburg is $1,376, which works out to $312 (22%) higher than Franklin.
Vernon Center
Vernon Center is approximately 6 miles northeast from Franklin. Real estate prices there are significantly less expensive. The median home in Vernon Center is valued at $141,800, which is $45,800 (32%) lower than Franklin. The rent there is a little more expensive. The median rent in Vernon Center is $1,226 a month, which is $162 (13%) higher than Franklin.
Sussex
Sussex is about 6 miles north from Franklin. The housing prices there are a bit more expensive. The median home in Sussex is valued at $212,400, which comes out to $24,800 (11%) higher than Franklin. The rent there is somewhat more expensive. Sussex's median monthly rent is $1,216, which is $152 (12%) higher than Franklin.
Highland Lakes
Highland Lakes is roughly 6 miles northeast from Franklin. The real estate prices there are a little more expensive. The median home in Highland Lakes costs $227,300, which comes out to $39,700 (17%) higher than Franklin. Its rents are a little more expensive. In Highland Lakes the median rent is $1,500 a month, which comes out to $436 (29%) higher than Franklin.