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Franklin County

CountyThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Mississippi
$24K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$167K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2020 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
OctJul
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
OctJul
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
OctJul
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
OctJul
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
2017201920222023202420252026

Housing Stock

HomesHow many homes we have records for in this area.3,366
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$167K
Median sizeThe middle home size here, measured in square feet.1,536 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1980
Single familyThe share of homes here that are single-family houses.81%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.76%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.7%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.72%
Company ownedThe share of homes owned by a company or trust instead of a person.13%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.14%
Typical ownership tenureHow long the typical owner here has held their home.8.4 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.72%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.7,546
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.13 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$48K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$67K
Average tempThe average temperature here across a full year.66°F
Annual precipHow much rain and melted snow falls here in a typical year.62 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.61%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all countys nationally.

How Franklin County compares

By median home value, Franklin County is the 38th most expensive of 82 counties in Mississippi, and its typical home is worth more than 41% of all homes in Mississippi.

Home values in Franklin County

Share of homes at each estimated value.

Median
$61K$557K
counties in Mississippi ranked by median home value
#MississippiMedian valueHomes
1Lafayette County$391K22,504
2Madison County$309K34,511
3DeSoto County$296K70,459
4Lamar County$270K21,501
5Rankin County$266K53,896
6Hancock County$262K20,243
7Tate County$245K10,148
8Oktibbeha County$241K14,891
9Amite County$240K11,966
10Harrison County$235K73,443
11Stone County$233K7,495
12Jackson County$227K53,389
13Lee County$226K29,917
14Pearl River County$220K27,925
15Pontotoc County$211K11,457
16Wilkinson County$209K7,930
17George County$207K10,743
18Simpson County$206K11,052
19Carroll County$205K4,498
20Union County$202K11,321
21Smith County$200K6,022
22Forrest County$200K23,887
23Marshall County$194K19,282
24Itawamba County$191K8,945
38Franklin County$167K3,366

82 counties in Mississippi are ranked; the most valuable are listed here.

Markets in Franklin County, most valuable first

About the Franklin County market

What is the median home price in Franklin County, MS?

The median sale price in Franklin County, MS is $24,000 (data through July 2020), based on deeds recorded with the county.

How many homes sell in Franklin County, MS each year?

2 homes sold in Franklin County, MS over the last 12 months (data through July 2020). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Franklin County, MS?

Franklin County, MS contains 3,366 residential properties, with a median of 1,536 square feet, 3 bedrooms, built around 1980. The median TopHap Estimate is $167K.

How does Franklin County, MS compare to the rest of Mississippi?

By median home value, Franklin County, MS is the 38th most expensive of 82 counties in Mississippi. Its typical home is worth more than 41% of all homes in Mississippi. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Franklin County, MS?

72% of homes in Franklin County, MS are owner-occupied. 13% are held by a company rather than an individual.

How much equity do owners in Franklin County, MS hold?

76% of mortgaged homes in Franklin County, MS are equity-rich, meaning the loan balance is under half the home's value. 1.7% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse MS property records.

Explore Franklin County on the map

See every recorded sale, price heat map, school zone and flood overlay across Franklin Countyin TopHap’s interactive 3D map.

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