Franklin IL Homes for Sale

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Franklin Real Estate

The median home value in Franklin, IL is $175,000. This is higher than the county median home value of $83,700. The national median home value is $219,700. The average price of homes sold in Franklin, IL is $175,000. Approximately 70.7% of Franklin homes are owned, compared to 12.82% rented, while 16.48% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!

Franklin, Illinois has a population of 539. Franklin is less family-centric than the surrounding county with 19.5% of the households containing married families with children. The county average for households married with children is 26.7%.

The median household income in Franklin, Illinois is $64,219. The median household income for the surrounding county is $49,353 compared to the national median of $57,652. The median age of people living in Franklin is 38.8 years.

Franklin Weather

The average high temperature in July is 88.1 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 38.9 inches per year, with 17.4 inches of snow per year.

Franklin Real Estate Market Conditions

  • Median sales price

    $175,000
    11.32% change since last quarter
  • # Active listings

    1
    30-day change

Franklin Schools and Demographics

Education near Franklin, IL

Metric City County
High School Graduates 95.68 91.45
College Degree - 2 year 7.84 7.1
College Degree - 4 year 24.87 21.24
Graduate Degree 7.3 4.81
Expenditures per Student 14,447 12,447
Students per Teacher 9.5 13.2

Elementary Schools near Franklin, IL

School Grades Students P/T Ratio ZIP
Alexander Elementary School 02 - 05 85 14.9 62601
Franklin East Grade School PK - 01 65 11.6 62638
Murrayville-Woodson Elementary School KG - 06 158 13.7 62668
Northwestern Elementary School PK - 06 202 12.8 62674
Waverly Elementary School PK - 08 276 12.3 62692

Middle Schools near Franklin, IL

School Grades Students P/T Ratio ZIP
Northwestern Junior High School 07 - 08 57 11.1 62674

High Schools near Franklin, IL

School Grades Students P/T Ratio ZIP
Franklin Junior/Senior High School 06 - 12 149 8.1 62638
Northwestern High School 09 - 12 99 8.6 62674
Waverly High School 09 - 12 105 9 62692

Demographics near Franklin, IL

Metric City County
Neighborhood Type Rural
Population 539 34,442
Population Density 650 61
Median Age 38.8 41.2
People per Household 2.4 2.2
Median Household Income 64,219 49,353
Average Income per Capita 28,496 26,253