What is the median home value in Franklin Township (Chester County), PA?
The median value of owner-occupied homes in Franklin Township (Chester County), PA is $489,100 (±$45,500), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Franklin Township (Chester County), the median home value went from $381,000 in 2015–2019 to $489,100 in 2020–2024 (+28.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $489,100 (±$45,500)
- Owner-occupied homes
- 1,554 (±104)
- Most common range
- $500,000 to $999,999
Home values in Franklin Township (Chester County)
| Value | Franklin Township (Chester County) | Chester County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±2.1 points) | 2.5% | 5.5% | 5.3% |
| $50,000 to $99,999 | 0.0% (±2.1 points) | 1.8% | 8.4% | 6.1% |
| $100,000 to $149,999 | 0.0% (±2.1 points) | 1.1% | 9.6% | 6.8% |
| $150,000 to $199,999 | 1.4% (±1.5 points) | 2.5% | 12.8% | 9.0% |
| $200,000 to $299,999 | 12.1% (±6.6 points) | 10.1% | 22.9% | 17.8% |
| $300,000 to $499,999 | 38.7% (±8.4 points) | 34.7% | 25.9% | 26.9% |
| $500,000 to $999,999 | 47.2% (±9.4 points) | 40.7% | 12.8% | 20.9% |
| $1,000,000 or more | 0.5% (±0.9 points) | 6.6% | 2.1% | 7.1% |
The most common range is $500,000 to $999,999, 47.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Franklin Township (Chester County) against Chester County, its state and the nation
| Franklin Township (Chester County) | Chester County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median home value | $489,100 (±$45,500) | $485,600 (±$4,003) | $254,500 (±$767) | $332,700 |
| Owner-occupied homes | 1,554 (±104) | 153,693 (±1,492) | 3,656,971 (±15,249) | 84,210,142 |
In Franklin Township (Chester County), the median home value is not measurably different from Chester County ($485,600).
It is also higher than in Pennsylvania ($254,500).
It is higher than the national figure ($332,700).
In Chester County, Franklin Township (Chester County) ranks 31 of 73 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 83 of 2,541.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Franklin Township (Chester County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $381,000 (±$26,223) | $489,100 (±$45,500) | +28.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,494 (±$181) | $3,086 (±$355) | +23.7% | No measurable change after inflation |
| Median real estate taxes | $6,889 (±$410) | $7,682 (±$1,031) | +11.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Franklin Township (Chester County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Franklin Township (Chester County) | — | $489,100 (±$45,500) | — |
| London Britain Township | 1.9 mi | $554,600 (±$37,784) | Higher |
| New London Township | 3.2 mi | $483,400 (±$21,702) | Not measurably different |
| West Grove | 4.2 mi | $319,900 (±$16,090) | Lower |
| Elk Township (Chester County) | 4.5 mi | $408,600 (±$24,096) | Lower |
| North Star | 4.9 mi | $583,700 (±$21,216) | Higher |
| London Grove Township | 4.9 mi | $469,700 (±$29,256) | Not measurably different |
| Penn Township (Chester County) | 5.0 mi | $498,600 (±$36,548) | Not measurably different |
| Avondale | 5.2 mi | $301,000 (±$23,926) | Lower |
Nearby places with a measurably lower figure: West Grove, PA ($319,900), Elk Township (Chester County), PA ($408,600), Avondale, PA ($301,000).
Nearby places with a measurably higher figure: London Britain Township, PA ($554,600), North Star, DE ($583,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Chester County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 25 | Uwchlan Township | $539,700 (±$22,896) |
| 26 | East Goshen Township | $528,600 (±$27,505) |
| 27 | Malvern | $521,800 (±$75,591) |
| 28 | Penn Township (Chester County) | $498,600 (±$36,548) |
| 29 | West Whiteland Township | $490,900 (±$18,876) |
| 30 | West Chester | $490,700 (±$23,228) |
| 31 | Franklin Township (Chester County) | $489,100 (±$45,500) |
| 32 | West Bradford Township | $487,500 (±$25,626) |
| 33 | East Vincent Township | $486,100 (±$42,789) |
| 34 | New London Township | $483,400 (±$21,702) |
| 35 | London Grove Township | $469,700 (±$29,256) |
| 36 | East Caln Township | $467,100 (±$22,492) |
| 37 | West Marlborough Township | $466,700 (±$131,540) |
Showing 13 of 73 places in Chester County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Franklin Township (Chester County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Franklin Township (Chester County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Franklin Township (Chester County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Franklin Township (Chester County), and send estimates and invoices from your phone.
Questions about Franklin Township (Chester County)
What is the average home value in Franklin Township (Chester County), PA?
The Census Bureau publishes the median: $489,100 (±$45,500) for owner-occupied homes in Franklin Township (Chester County) (2020–2024 American Community Survey).
Have home values in Franklin Township (Chester County) gone up?
In Franklin Township (Chester County), the median home value went from $381,000 in 2015–2019 to $489,100 in 2020–2024 (+28.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Franklin Township (Chester County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Chester County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Chester County, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Franklin township, Chester County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Franklin township, Chester County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Chester County, Pennsylvania (county subdivision:27376, in state:42 county:029).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Franklin Township (Chester County) at a glance
- Renters and owners in Franklin Township (Chester County)
- Income and affordability in Franklin Township (Chester County)
- Homeowner costs in Franklin Township (Chester County)
- Property taxes in Franklin Township (Chester County)
- Types of homes in Franklin Township (Chester County)
- Bedrooms in Franklin Township (Chester County)
- Age of homes in Franklin Township (Chester County)
- Heating fuel in Franklin Township (Chester County)
- Commute and cars in Franklin Township (Chester County)
- Population growth in Franklin Township (Chester County)
- How long people stay in Franklin Township (Chester County)
- Fair Market Rent in Franklin Township (Chester County)
- Pennsylvania landlord and tenant rules
- Housing across Chester County
- Pennsylvania places ranked by median home value
- Housing data for every place in Pennsylvania