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What income do you need to buy in Franklinville?
About $34,000 a year to buy the typical Franklinville home, which sells for about $90,000.
- Typical sale price
- $90,000Median of 30 sales in the past 12 months
- Income needed
- $34,000A year, before taxes
- Cash needed up front
- $13,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $563 |
|---|---|
| Property tax | $136 |
| Insurance | $37 |
| Mortgage insurance | $34 |
| Total a month | $770 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Up 9.1% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $50,000 | 11 |
| Q2 2025 | $87,000 | 9 |
| Q3 2025 | $110,000 | 10 |
| Q4 2025 | $113,000 | 9 |
| Q1 2026 | $92,500 | 8 |
| Q2 2026 | $60,000 | 9 |
| Q3 2026 | $90,000 | 7 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Fairhill $60,000
- Glenwood $60,000
- Hunting Park $89,000
Pricier nearby
Questions about buying in Franklinville
What income do you need to buy a home in Franklinville?
About $34,000 a year for the typical Franklinville price of $90,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Franklinville?
About $13,000 up front at the typical price: 10% down ($9,000), your share of the transfer tax ($2,049) and closing costs ($1,790).
What does a typical home in Franklinville cost per month?
A typical Franklinville home costs about $770 a month all in: principal and interest $563, property tax $136, insurance $37, mortgage insurance $34. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 30 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.