Franklin County Housing Market Report February 2025•Franklin County, Alabama

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Housing Prices in Franklin County, AL

How much do homes in Franklin County, AL cost?

Housing Market Conditions

Is Franklin County, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Franklin County is a Buyer's Market

Difference Since February 2024

At the same time last year, Franklin County was a Seller's Market.

Insight

Franklin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$189,900$119/SqFt
+$29,900
+18.7%

Based on all homes sold in the last 12 months

Insight

Homes in Franklin County have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in Franklin County was $189,900 in February 2025, up 18.7% from last year, and the median price per square foot was $119.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Franklin County
+18.7%
Colbert County
+5.3%
Lawrence County
-0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$140K$279.5K
+99.6%
2$120K$145K
+20.8%
3$150K$176.5K
+17.7%
4$200K$251.5K
+25.8%
5$365K$308K
-15.6%

Summary: Franklin County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +99.6%. The home price for 2 bedroom homes increased by +20.8%. The home price for 3 bedroom homes increased by +17.7%. The home price for 4 bedroom homes increased by +25.8%. The home price for 5 bedroom homes decreased by -15.6%.

Housing supply in Franklin County, AL

How many homes are available in Franklin County, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
63Last MonthFeb 2025
562 months agoJan 2025
+12.5 %
Change MoMJan – Feb

Summary: The Franklin County real estate market had 63 homes for sale in Feb 2025, a 12.5 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
7Last MonthFeb 2025
92 months agoJan 2025
-22.2 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
110
-100.0%
267
+16.7%
32730
+11.1%
41518
+20.0%
578
+14.3%

Summary: Franklin County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +11.1%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +14.3%.

Asking Price vs. Sold Price

How much do homes in Franklin County, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Franklin County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Franklin County in February 2025, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and and 14% were sold over asking.

Days on Market for Franklin County, AL

How long does it take to sell a home in Franklin County, AL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days2 Homes

Over 90 Days2 Homes

Insight

Many homes in Franklin County are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 7 homes were sold in Franklin County; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
70 DaysThis YearFeb 2025
43 Days1 year agoFeb 2024
+61.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Franklin County had an average listing age of 70 days in Feb 2025, up by 61.8% compared to the previous year.

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Newest Listings in Franklin County, AL

What homes are available in Franklin County, AL?

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Nearby markets

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Based on information from Strategic MLS Alliance, ValleyMLS, RealTracs Middle Tennessee Regional MLS, Montgomery Area Association of Realtors MLS, and Greater Alabama MLS for the period 03/01/2023 - 03/01/2025

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Last updated on: 3/11/2025, 2:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 3/11/2025, 2:18:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 3/11/2025, 2:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.