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)

Owner-occupied homes by value, 2020–2024
ValueFranklin Township (Chester County)Chester CountyPennsylvaniaUnited States
Less than $50,0000.0% (±2.1 points)2.5%5.5%5.3%
$50,000 to $99,9990.0% (±2.1 points)1.8%8.4%6.1%
$100,000 to $149,9990.0% (±2.1 points)1.1%9.6%6.8%
$150,000 to $199,9991.4% (±1.5 points)2.5%12.8%9.0%
$200,000 to $299,99912.1% (±6.6 points)10.1%22.9%17.8%
$300,000 to $499,99938.7% (±8.4 points)34.7%25.9%26.9%
$500,000 to $999,99947.2% (±9.4 points)40.7%12.8%20.9%
$1,000,000 or more0.5% (±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

Estimate (90% margin of error)
Franklin Township (Chester County)Chester CountyPennsylvaniaUnited States
Median home value$489,100 (±$45,500)$485,600 (±$4,003)$254,500 (±$767)$332,700
Owner-occupied homes1,554 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
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)

Nearest places with a published estimate, compared with Franklin Township (Chester County)
PlaceDistanceMedian home valueCompared with this place
Franklin Township (Chester County)—$489,100 (±$45,500)—
London Britain Township1.9 mi$554,600 (±$37,784)Higher
New London Township3.2 mi$483,400 (±$21,702)Not measurably different
West Grove4.2 mi$319,900 (±$16,090)Lower
Elk Township (Chester County)4.5 mi$408,600 (±$24,096)Lower
North Star4.9 mi$583,700 (±$21,216)Higher
London Grove Township4.9 mi$469,700 (±$29,256)Not measurably different
Penn Township (Chester County)5.0 mi$498,600 (±$36,548)Not measurably different
Avondale5.2 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

RankPlaceMedian home value
25Uwchlan Township$539,700 (±$22,896)
26East Goshen Township$528,600 (±$27,505)
27Malvern$521,800 (±$75,591)
28Penn Township (Chester County)$498,600 (±$36,548)
29West Whiteland Township$490,900 (±$18,876)
30West Chester$490,700 (±$23,228)
31Franklin Township (Chester County)$489,100 (±$45,500)
32West Bradford Township$487,500 (±$25,626)
33East Vincent Township$486,100 (±$42,789)
34New London Township$483,400 (±$21,702)
35London Grove Township$469,700 (±$29,256)
36East Caln Township$467,100 (±$22,492)
37West 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.

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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

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.

Request a Census API 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 .

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