Franklin County, KY Home Values & Market Trends

The median home price in Franklin County, KY is $189,372.46. There were 699 home sales in Franklin County, KY over the past 12 months. The median residential Franklin County, KY home value for transactions over the previous year is $189,000. The number of current listings in Franklin County, KY is 97, and the percentage of properties for sale is 97.00%. The county has 10 foreclosures, 4 bank owned properties, 6 headed for auction, and 97 properties for sale.

Franklin County, KY Real Estate Market Overview

CityMedian Est. Value
Frankfort

$ 215,000

$ 115/sqft

Housing Market Summary for Franklin County, KY

Apr 2023March 2024Change
Median Listing Price$248.8K$208.3K-16.28%
Median Sold Price$214.9K$208.3K-3.09%
Homes For Sale768917.11%
Homes Sold30133711.96%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Franklin County, KY

Franklin County, KY home values range from $20,024 to $3,943,327. Frankfort is the priciest city with a median listing home price of $268,000, and Frankfort is most affordable with average house prices of around $268,000.

Foreclosure
There is 1 cities within Franklin County, KY; within this cities, the median estimated home value for homes in foreclosure ranges from $171,034 in Frankfort to the lowest value of $49,865 in Frankfort. Foreclosure homes account for 0.00% of properties in Franklin County, KY with Frankfort containing 10 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Franklin County, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Franklin County, KY; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin County, KY ranges from the highest value of $165,496 in Frankfort to the lowest value of $49,865 in Frankfort. Bank owned homes and properties account for 0.02% of properties in Franklin County, KY. There is 1 cities within Franklin County, KY; Frankfort containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Frankfort has 6 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, KY. Auction homes and other auction properties account for 0.04% of all properties in Franklin County, KY. There is 1 cities within Franklin County, KY; of that cities, the median estimated home value for homes going to auction ranges from $171,034 in Frankfort to the lowest value of $98,000 in Frankfort.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.58% of residential properties in Franklin County, KY with Frankfort containing 97 homes for sale, the highest number of listed properties in a single city. There is 1 cities within Franklin County, KY; homes for sale in that cities, have a range of median values from $717,744 in Frankfort to the lowest value of $33,189 in Frankfort.
    Sold Homes
    The median value for recently sold homes ranges from $1,417,991 in Frankfort to the lowest price of $20,024 in Frankfort. There is 1 cities within Franklin County, KY. Frankfort has 336 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.04% of properties in Franklin County, KY.

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      Guide for Franklin County, KY

      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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