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West Central Reporter

Monday, July 7, 2025

Franklin home prices rise in the third quarter of 2019

Webp re 12

The median sale price of a home sold in the third quarter of 2019 in Franklin rose by $1,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

From July through September of 2019, there were four homes sold, with a median sale price of $67,000 - a 1.5% increase over the $66,000 median sale price for the same period of the previous year. There were four homes sold in Franklin in the third quarter of 2018, as well.

The median sales tax in Franklin for the most recent year with available data, 2018, was $1,388, approximately 2.1% of the median home sale price for the third quarter of 2019.

The following table compares Franklin to other Morgan County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Woodson13-66.7%$143,000$8,0001687.5%
Concord13-66.7%$105,000$40,000162.5%
Jacksonville7585-11.8%$96,668$85,00013.7%
South Jacksonville2023-13%$83,700$94,000-11%
Waverly310-70%$77,765$62,50024.4%
Franklin440%$67,000$66,0001.5%
Murrayville23-33.3%$66,750$78,500-15%
Chapin46-33.3%$41,500$75,000-44.7%
Meredosia36-50%$40,000$29,75034.5%

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