Franklin, IL Housing Statistics

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49%

Med. Home Val. NAT. AVG.

18%

Rent NAT. AVG.

33%

Owner Occ. NAT. AVG.

Franklin Housing Information

Index	Franklin	Illinois	National
Median home price	$165,751	$308,565	$326,622
Median rent asked	$1,189	$1,374	$1,444
Avg. people per household	2.4	2.6	2.6
Owner occupied households	84.5%	66.0%	63.6%
Renter occupied households	15.5%	34.0%	36.4%

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Homes For Sale In Franklin, IL

110 Wyatt Ave

Franklin, IL

Housing Quick Facts

The median home price in Franklin is 49% lower than the national average.
The median rent asked in Franklin is 18% lower than the national average.
The average number of people per household in Franklin is 7% lower than the national average.
The number of owner occupied households in Franklin is 33% higher than the national average.
The number of renter occupied households in Franklin is 57% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Scottville, IL	128	$114,362	65%
Berlin, IL	189	$118,595	64%
Modesto, IL	227	$119,652	63%
Curran, IL	219	$126,777	61%
Girard, IL	1,769	$132,812	59%
Franklin, IL	638	$165,751	49%

Cities with similar population

	Population	Home Price	National Avg.
Shipman, IL	638	$162,423	50%
Tryon, OK	638	$147,727	55%
Brooks, OR	638	$331,713	2%
Pimaco Two, AZ	637	$288,979	12%
Shickshinny, PA	637	$136,929	58%
Franklin, IL	638	$165,751	49%

Source: The Franklin, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.