Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 71,962 ↑ 4.9% since 2020 |
| Median Household Income | $71,386 4% below national median |
| Median Home Value | $240,900 |
| Unemployment Rate | 5.5% |
| Median Age | 40.9 years |
| Housing Vacancy Rate | 10.9% |
| Total Land Sales (Past 12 Months) | 145 transactions |
| Active Listings | 200 properties |
| Avg Days on Market | 157 days |
Rural Land Sales (1+ Acres) (May 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $54,348 |
| Recent Sales | 76 transactions |
| Avg Days on Market | 150 days |
| Avg Parcel Size | 3.66 acres |
| Active Listings | 77 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026 | 1.00 | $1,325,000 | $1,325,000 | 2140 Sea Fern Way | Eastpoint |
| Mar 2026 | 3.32 | $100,000 | $30,139 | 2976 Pristine Dr | Carrabelle |
| Mar 2026 | 1.00 | $400 | $400 | 614 Us Highway 98 | Apalachicola |
| Mar 2026 | 1.00 | $92,500 | $92,500 | 1909 Smugglers Cove Rd | Saint George Island |
| Mar 2026 | 1.29 | $55,000 | $42,735 | 151 Pinnacle St | Carrabelle |
| Feb 2026 | 1.00 | $450,000 | $450,000 | 119 S Bay Shore Dr | Eastpoint |
| Feb 2026 | 12.40 | $122,500 | $9,879 | 311 Clarks Landing Rd | Carrabelle |
| Feb 2026 | 1.04 | $39,000 | $37,500 | 1863 Bluff Rd | Apalachicola |
| Feb 2026 | 1.62 | $110,000 | $67,901 | 1863 Lighthouse Rd | Carrabelle |
| Feb 2026 | 1.00 | $28,000 | $28,000 | 1512 Jacobs Way | Carrabelle |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 1.00 | $110,000 | $110,000 | Lots 5 & 6 Alligator Dr | Panacea |
| Jan 2026 | 1.00 | $71,667 | $71,667 | LOT 8 Mill Rd | Carrabelle |
| Jan 2026 | 1.00 | $71,667 | $71,667 | LOT 9 Mill Rd | Carrabelle |
| Jan 2026 | 1.00 | $71,667 | $71,667 | LOT 10 Mill Rd | Carrabelle |
| Jan 2026 | 2.14 | $38,000 | $17,757 | LOT 7 Cora Mae Rd | Carrabelle |
| Jan 2026 | 1.97 | $39,000 | $19,797 | 149 Hidden Harbor Ct | Panacea |
| Jan 2026 | 2.00 | $85,000 | $42,500 | 262 Frank McKamey Way | Carrabelle |
| Dec 2025 | 99.00 | $575,000 | $5,808 | 151 Als Lndg | Eastpoint |
| Dec 2025 | 1.00 | $100,000 | $100,000 | 2632 Oak St | Carrabelle |
| Dec 2025 | 4.29 | $53,000 | $12,354 | 114 Melanie Ln | Apalachicola |
| Dec 2025 | 1.00 | $50,000 | $50,000 | 355 Lily Cir | Eastpoint |
| Dec 2025 | 1.00 | $215,000 | $215,000 | 1183 E Gulf Beach Dr | Eastpoint |
| Dec 2025 | 1.00 | $215,000 | $215,000 | 1151 Russell Way | Eastpoint |
| Dec 2025 | 1.00 | $43,000 | $43,000 | 2593 Oak St | Lanark Village |
| Dec 2025 | 1.00 | $30,000 | $30,000 | 669 Wilderness Rd | Eastpoint |
| Dec 2025 | 1.00 | $65,000 | $65,000 | 115 Herndon Rd | Carrabelle |
| Dec 2025 | 1.00 | $25,000 | $25,000 | 158 Magnolia Ln | Apalachicola |
| Dec 2025 | 1.03 | $325,000 | $314,621 | 251 Sago Dr | Eastpoint |
| Dec 2025 | 1.00 | $41,000 | $41,000 | 401 Ridgecrest Pkwy | Eastpoint |
| Dec 2025 | 1.00 | $85,000 | $84,930 | 2001 Turpentine Trl | Eastpoint |
| Nov 2025 | 1.01 | $250,000 | $247,525 | 2388 Highway 98 W | Carrabelle |
| Nov 2025 | 1.05 | $140,000 | $133,333 | 2163 Highway 98 W | Carrabelle |
| Nov 2025 | 61.53 | $175,000 | $2,844 | Gray Ave | Carrabelle |
| Nov 2025 | 2.00 | $139,000 | $69,500 | 1869 Beacon St | Carrabelle |
| Nov 2025 | 1.00 | $222,000 | $222,000 | 1191 Russell Way | Eastpoint |
| Oct 2025 | 1.21 | $43,000 | $35,537 | 228 Boncycle Land Dr | Eastpoint |
| Oct 2025 | 1.00 | $80,000 | $80,000 | 1513 Highway 98 | Eastpoint |
| Oct 2025 | 1.00 | $80,000 | $80,000 | 1509 Highway 98 | Eastpoint |
| Oct 2025 | 1.03 | $145,000 | $140,368 | 2323 Highway 98 W | Carrabelle |
| Sep 2025 | 1.07 | $40,000 | $37,383 | 171 Skipper Rd | Carrabelle |
| Sep 2025 | 2.00 | $65,000 | $32,500 | 2079 Lighthouse Rd | Carrabelle |
| Sep 2025 | 1.70 | $27,500 | $16,176 | LOT 6 Cora Mae Rd | Carrabelle |
| Sep 2025 | 1.00 | $75,000 | $75,000 | 907 Mill Rd | Carrabelle |
| Sep 2025 | 1.28 | $40,000 | $31,250 | 200-202 & #204 | Panacea |
| Sep 2025 | 1.00 | $240,000 | $240,000 | 160 Timber Island Rd | Carrabelle |
| Sep 2025 | 1.06 | $20,000 | $18,868 | 177 Skipper Rd | Carrabelle |
| Sep 2025 | 1.06 | $30,000 | $28,302 | 175 Skipper Rd | Carrabelle |
| Sep 2025 | 1.06 | $35,000 | $33,019 | 173 Skipper Rd | Carrabelle |
| Sep 2025 | 6.13 | $350,000 | $57,096 | 2910 Hidden Beaches Rd | Carrabelle |
| Aug 2025 | 4.26 | $115,000 | $26,995 | 601 Houston Ln | Eastpoint |
| Aug 2025 | 1.01 | $172,000 | $170,297 | 150 New River Ln | Carrabelle |
| Aug 2025 | 1.00 | $75,000 | $75,000 | 125 Patty Ln | Eastpoint |
| Aug 2025 | 1.00 | $50,000 | $50,000 | 132 Timber Island Rd | Carrabelle |
| Aug 2025 | 1.00 | $30,000 | $30,000 | 81 Piney Point Ln | Eastpoint |
| Aug 2025 | 1.00 | $45,000 | $45,000 | 383 State St | Eastpoint |
| Aug 2025 | 1.00 | $25,000 | $25,000 | 279 Ridgecrest Pkwy | Eastpoint |
| Aug 2025 | 1.07 | $50,000 | $46,729 | 3 Kelly Landing Rd | Carrabelle |
| Jul 2025 | 1.65 | $25,000 | $15,152 | LOT 9 Cora Mae Rd | Carrabelle |
| Jul 2025 | 1.00 | $20,000 | $20,000 | LOT 4 Cora Mae Rd | Carrabelle |
| Jul 2025 | 1.84 | $175,000 | $95,264 | 166 N Bayshore Dr | Eastpoint |
| Jul 2025 | 1.00 | $192,500 | $192,500 | 1582 Bayou Dr | Apalachicola |
| Jul 2025 | 1.00 | $192,500 | $192,500 | 1582 Bayou Dr | Carrabelle |
| Jun 2025 | 4.72 | $90,000 | $19,068 | 250 Smith Rd | Apalachicola |
| Jun 2025 | 1.38 | $75,000 | $54,348 | 231 Folks Dr | Carrabelle |
| Jun 2025 | 1.99 | $250,000 | $125,628 | 238 Gulf Shore Dr | Carrabelle |
| Jun 2025 | 2.00 | $190,000 | $95,000 | 146 N Bayshore Dr | Eastpoint |
| Jun 2025 | 1.83 | $190,000 | $103,825 | 146 N Bay Shore Dr | Eastpoint |
| Jun 2025 | 2.47 | $90,000 | $36,437 | 190 Smith Rd | Apalachicola |
| Jun 2025 | 1.00 | $58,000 | $58,000 | 306 Blue Heron Dr | Eastpoint |
| Jun 2025 | 1.06 | $51,000 | $48,113 | 127 Scipio Landing Rd | Apalachicola |
| Jun 2025 | 1.29 | $26,000 | $20,155 | LOT 11 Cora Mae Rd | Carrabelle |
| Jun 2025 | 1.00 | $150,000 | $150,000 | 181 Kal Ln | Carrabelle |
| Jun 2025 | 1.00 | $376,000 | $376,000 | 1247 Avocet Ln | Eastpoint |
| Jun 2025 | 1.00 | $45,000 | $45,000 | 1013 C C Land Rd | Eastpoint |
| Jun 2025 | 1.00 | $605,000 | $605,000 | 1360 E Gulf Beach Dr | Eastpoint |
| May 2025 | 1.01 | $113,000 | $111,881 | 1981 Highway 98 W | Carrabelle |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $69,900 |
| Recent Sales | 69 transactions |
| Avg Days on Market | 96 days |
| Avg Parcel Size | 0.33 acres |
| Active Listings | 123 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026 | 0.14 | $43,500 | 444 22nd Ave | Apalachicola |
| Mar 2026 | 0.11 | $32,000 | 143 Iowa St | Lanark Village |
| Mar 2026 | 0.27 | $66,000 | 3471 Firefly Cir | Sopchoppy |
| Mar 2026 | 0.20 | $69,000 | 3441 Firefly Cir | Saint Teresa |
| Mar 2026 | 0.30 | $84,000 | 14th St | Eastpoint |
| Feb 2026 | 0.21 | $140,000 | 301 Summer Breeze Ln | Sopchoppy |
| Feb 2026 | 0.13 | $107,500 | 105 Anglers Harbor Ct | Carrabelle |
| Feb 2026 | 0.79 | $75,000 | 368 Old Ferry Dock Rd | Eastpoint |
| Feb 2026 | 0.46 | $10,000 | 3 Mark Street Rd | Apalachicola |
| Feb 2026 | 0.16 | $150,000 | 2250 Highway 98 E | Lanark Village |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.26 | $50,000 | 116 Anglers Rd | Carrabelle |
| Feb 2026 | 0.36 | $20,000 | 140 Longleaf Rd | Eastpoint |
| Feb 2026 | 0.11 | $22,500 | 907 1st St NE | Carrabelle |
| Feb 2026 | 0.11 | $22,500 | 905 NE 1st St | Carrabelle |
| Feb 2026 | 0.11 | $22,500 | 906 Tallahassee St | Carrabelle |
| Feb 2026 | 0.11 | $22,500 | 908 Tallahassee St | Carrabelle |
| Feb 2026 | 0.31 | $120,000 | 989 W Bay Shore Dr | Eastpoint |
| Feb 2026 | 0.23 | $105,000 | 1707 Carrabelle Beach Dr | Carrabelle |
| Feb 2026 | 0.17 | $25,000 | 2267 Kentucky Ave | Lanark Village |
| Jan 2026 | 0.08 | $190,000 | 307 Gar Wood Lndg | Carrabelle |
| Jan 2026 | 0.23 | $160,000 | 2236 Highway 98 E | Lanark Village |
| Jan 2026 | 0.35 | $70,000 | 18 Adams St | Apalachicola |
| Jan 2026 | 0.15 | $277,500 | 1646 Landing St | Carrabelle |
| Jan 2026 | 0.28 | $110,000 | 247 8th St | Apalachicola |
| Jan 2026 | 0.28 | $110,000 | 191 14th St | Apalachicola |
| Jan 2026 | 0.33 | $65,000 | 3497 Firefly Cir | Saint Teresa |
| Dec 2025 | 0.96 | $120,000 | 1408 Bayberry Ln | Eastpoint |
| Dec 2025 | 0.38 | $30,000 | 150 Lakes On The Bluff Dr | Eastpoint |
| Dec 2025 | 0.98 | $18,500 | 591 Mill Rd | Carrabelle |
| Dec 2025 | 0.28 | $100,000 | 2638 Highway 98 W | Carrabelle |
| Dec 2025 | 0.33 | $150,000 | 501 W Bay Shr | Eastpoint |
| Dec 2025 | 0.22 | $30,000 | 166 Royal Tern Way | Lanark Village |
| Dec 2025 | 0.11 | $6,500 | 909 NE 6th St | Carrabelle |
| Dec 2025 | 0.11 | $6,500 | 913 NE 6th St | Carrabelle |
| Dec 2025 | 0.23 | $20,000 | 802 & 804 3rd St NW | Carrabelle |
| Nov 2025 | 0.18 | $17,500 | 2202 Kentucky Ave | Lanark Village |
| Nov 2025 | 0.08 | $43,500 | Howard St | Carrabelle |
| Nov 2025 | 0.80 | $165,000 | 3206 Highway 98 E | Carrabelle |
| Nov 2025 | 0.22 | $26,500 | 159 Royal Tern Way | Carrabelle |
| Nov 2025 | 0.44 | $470,000 | 1637 Alligator Dr | Panacea |
| Nov 2025 | 0.52 | $153,000 | 2346 Us Highway 98 | Carrabelle |
| Nov 2025 | 0.45 | $50,000 | Harry Morrison Island Dr | Panacea |
| Nov 2025 | 0.11 | $16,500 | 914 NE 5th St | Carrabelle |
| Nov 2025 | 0.09 | $105,000 | 140 W Pine Ave | Eastpoint |
| Oct 2025 | 0.85 | $565,000 | 198 Egret Lndg | Pt Saint Joe |
| Oct 2025 | 0.55 | $633,600 | 2258 Sailfish Dr | Eastpoint |
| Oct 2025 | 0.34 | $167,500 | 1048 W Pine Ave | Saint George Island |
| Oct 2025 | 0.14 | $85,000 | 112 Dr Frederick S Humphries St | Apalachicola |
| Oct 2025 | 0.34 | $310,000 | 716 E Gulf Beach Dr | Eastpoint |
| Oct 2025 | 0.44 | $200,000 | 2177 E 98th Hwy | Carrabelle |
| Oct 2025 | 0.19 | $30,000 | 273 Royal Tern Way | Carrabelle |
| Oct 2025 | 0.29 | $69,900 | 3512 Starry Night Cir | Sopchoppy |
| Oct 2025 | 0.17 | $32,000 | 2283 Oak St | Lanark Village |
| Oct 2025 | 0.17 | $32,000 | 2285 Oak St | Lanark Village |
| Oct 2025 | 0.13 | $1,568 | 92 Lake View Dr | Panacea |
| Oct 2025 | 0.29 | $69,900 | 3512 Starry Night Cir | Sopchoppy |
| Oct 2025 | 0.17 | $22,000 | 130 Colorado St | Lanark Village |
| Sep 2025 | 0.24 | $185,000 | 12 Tom Roberts Rd | Panacea |
| Sep 2025 | 0.66 | $100,000 | 1748 Sea Spray Ln | Carrabelle |
| Sep 2025 | 0.66 | $100,000 | 1748 Sea Spray Ln Lot 3 | Carrabelle |
| Sep 2025 | 0.38 | $145,000 | 324 Cook St | Eastpoint |
| Sep 2025 | 0.08 | $72,250 | 228 E Pine Ave | Saint George Island |
| Sep 2025 | 0.22 | $37,500 | 126 White Pelican Way | Carrabelle |
| Sep 2025 | 0.93 | $110,000 | 657 Bay Dr | Carrabelle |
| Sep 2025 | 0.66 | $85,000 | 682 Gulf Shore Dr | Carrabelle |
| Sep 2025 | 0.45 | $25,000 | Three Rivers Rd | Carrabelle |
| Sep 2025 | 0.23 | $65,000 | 198 Harbor Cir | Panacea |
| Sep 2025 | 0.98 | $65,000 | 259 Hidden Harbor Ct | Panacea |
| Sep 2025 | 0.29 | $57,000 | 117 Fishhook Way | Sopchoppy |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 12,418 |
| Population (2020) | 12,451 |
| Population Growth | -0.27% |
| Median Household Income | $62,734 |
| Median Home Value | $254,300 |
| Total Housing Units | 8,476 |
| Vacant Housing Units | 3,558 |
| Housing Vacancy Rate | 42.0% |
| Median Age | 49.2 |
| Bachelor's Degree or Higher | 1,385 (11.2%) |
| Unemployment Rate | 5.5% |
Market Overview
Franklin County, Florida has a population of 12,418, which has declined 0.27% since 2020. The median household income is $62,734, below the national median of $74,580 by 15.9%. The housing vacancy rate of 42.0% suggests soft market conditions. Franklin County is part of Florida's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $52,174 per acre, with properties averaging 3.70 acres. There are currently 200 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Franklin County, Florida?
As of the 2023 American Community Survey, Franklin County has a population of 12,418. The county has declined 0.27% since the 2020 Census.
What is the median household income in Franklin County?
The median household income in Franklin County is $62,734, which is 15.9% below the national median of $74,580.
Is Franklin County growing or shrinking?
Franklin County is shrinking. The population has declined 0.27% since 2020.
What is the housing market like in Franklin County?
The median home value in Franklin County is $254,300. The housing vacancy rate is 42.0%, which suggests soft market conditions. The unemployment rate is 5.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $52,174 per acre. Suburban/urban lots under 1 acre have a median lot price of $73,625.
Does Reelvest buy land in Franklin County, Florida?
Yes! Reelvest Properties buys vacant land throughout Florida, including Franklin County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.