Franklin, QC

Updated: Aug 2016
House
Median price $178,500
Monthly growth 142.85 %
Quarterly trend
Stock on market 2.48%
Apartment
Median price $362,450
Monthly growth
Quarterly trend
Stock on market 0.26%

Franklin Home Price

The median asking price in Franklin is $178,500, less than the median three months ago which was $189,000 .

Franklin, Quebec has a median house price of $178,500 when compiling all the home listings in Aug .

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

This month we track 429th neighbourhoods in Quebec, and Franklin has the 429th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Franklin will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Franklin is number 107 putting it ahead of most neighbourhoods .

When our research team crunched the numbers we calculated that Franklin has a median home price of $362,450.

There are 453 neighbourhoods that have more properties on sale than Franklin at the moment in Quebec which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Franklin will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Franklin there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $149,900
3 bedrooms $269,450
4 bedrooms $309,000
Demographics
  • Population density per square kilometre14.9
  • Land area (square km)113.14
  • Population in 20111688
  • Population in 20061651
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings767
  • Private dwellings occupied by usual residents696