FRANKLIN HOUSING MARKET INFORMATION With 33,125 people, 12,339 houses or apartments, and a median cost of homes of $801,556, real estate costs in Franklin are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities. Single-family detached homes are the single most common housing type in Franklin, accounting for 62.91% of the city's housing units. Other types of housing that are prevalent in Franklin include large apartment complexes or high rise apartments ( 18.75%), row houses and other attached homes ( 9.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.44%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Franklin. Owner-occupied housing accounts for 75.68% of Franklin's homes, and 58.46% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Franklin built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Franklin built between 1940-1969 ( 20.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.70%). There's also some housing in Franklin built before 1939 ( 13.55%). FRANKLIN HOME APPRECIATION RATES Real estate appreciation rates in Franklin's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.25% during the period. 蘑菇视频's data show that during the latest twelve months, Franklin's appreciation rate, at 8.61%, has been at or slightly above the national average. In the latest quarter, Franklin's appreciation rate has been 1.15%, which annualizes to a rate of 4.67%. Relative to Massachusetts, our data show that Franklin's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Franklin differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Franklin - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Franklin real estate investment or home purchase decisions.