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) | 200 transactions |
| Active Listings | 164 properties |
| Avg Days on Market | 71 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $23,038 |
| Recent Sales | 102 transactions |
| Avg Days on Market | 71 days |
| Avg Parcel Size | 19.20 acres |
| Active Listings | 104 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 2.50 | $65,000 | $26,000 | Louisburg |
| Mar 2026 | 6.40 | $60,000 | $9,375 | Henderson |
| Mar 2026 | 1.02 | $55,500 | $54,412 | Louisburg |
| Mar 2026 | 20.00 | $112,500 | $5,625 | Castalia |
| Mar 2026 | 5.00 | $140,000 | $28,000 | Franklinton |
| Feb 2026 | 11.02 | $365,000 | $33,122 | Zebulon |
| Feb 2026 | 5.00 | $225,000 | $45,000 | Zebulon |
| Feb 2026 | 17.75 | $399,375 | $22,500 | Zebulon |
| Feb 2026 | 3.09 | $90,000 | $29,126 | Louisburg |
| Feb 2026 | 4.50 | $220,000 | $48,889 | Zebulon |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $35,500 |
| Recent Sales | 98 transactions |
| Avg Days on Market | 71 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 60 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.34 | $25,000 | Louisburg |
| Mar 2026 | 0.34 | $25,000 | Louisburg |
| Mar 2026 | 0.42 | $20,000 | Louisburg |
| Feb 2026 | 0.14 | $30,000 | Louisburg |
| Feb 2026 | 0.69 | $37,000 | Louisburg |
| Feb 2026 | 0.91 | $35,000 | Louisburg |
| Feb 2026 | 0.20 | $49,900 | Louisburg |
| Feb 2026 | 0.93 | $15,000 | Louisburg |
| Feb 2026 | 0.69 | $625,000 | Youngsville |
| Feb 2026 | 0.76 | $550,000 | Youngsville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 71,962 |
| Population (2020) | 68,573 |
| Population Growth | 4.94% |
| Median Household Income | $71,386 |
| Median Home Value | $240,900 |
| Total Housing Units | 30,790 |
| Vacant Housing Units | 3,348 |
| Housing Vacancy Rate | 10.9% |
| Median Age | 40.9 |
| Bachelor's Degree or Higher | 8,492 (11.8%) |
| Unemployment Rate | 5.5% |
Market Overview
Franklin County, North Carolina has a population of 71,962, which has grown 4.94% since 2020. The median household income is $71,386, below the national median of $74,580 by 4.3%. The housing vacancy rate of 10.9% suggests balanced market conditions. Franklin County is part of North Carolina's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $23,038 per acre, with properties averaging 19.20 acres. There are currently 164 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Franklin County, North Carolina?
As of the 2023 American Community Survey, Franklin County has a population of 71,962. The county has grown 4.94% since the 2020 Census, indicating a growing community.
What is the median household income in Franklin County?
The median household income in Franklin County is $71,386, which is 4.3% below the national median of $74,580.
Is Franklin County growing or shrinking?
Franklin County is growing. The population has increased 4.94% since 2020.
What is the housing market like in Franklin County?
The median home value in Franklin County is $240,900. The housing vacancy rate is 10.9%, which suggests balanced market conditions. The unemployment rate is 5.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $23,038 per acre. Suburban/urban lots under 1 acre have a median lot price of $35,500.
Does Reelvest buy land in Franklin County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, 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.