What is the median home value in Franklin Township (Luzerne County), PA?
The median value of owner-occupied homes in Franklin Township (Luzerne County), PA is $226,600 (±$15,490), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Franklin Township (Luzerne County), the median home value went from $201,600 in 2015–2019 to $226,600 in 2020–2024 (+12.4%).
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
- $226,600 (±$15,490)
- Owner-occupied homes
- 646 (±85)
- Most common range
- $200,000 to $299,999
Home values in Franklin Township (Luzerne County)
| Value | Franklin Township (Luzerne County) | Luzerne County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $50,000 | 12.1% (±3.7 points) | 6.8% | 5.5% | 5.3% |
| $50,000 to $99,999 | 3.9% (±2.2 points) | 15.5% | 8.4% | 6.1% |
| $100,000 to $149,999 | 5.9% (±2.8 points) | 17.7% | 9.6% | 6.8% |
| $150,000 to $199,999 | 16.4% (±6.7 points) | 17.5% | 12.8% | 9.0% |
| $200,000 to $299,999 | 27.4% (±7.8 points) | 21.9% | 22.9% | 17.8% |
| $300,000 to $499,999 | 24.0% (±7.4 points) | 15.5% | 25.9% | 26.9% |
| $500,000 to $999,999 | 8.0% (±3.5 points) | 4.4% | 12.8% | 20.9% |
| $1,000,000 or more | 2.3% (±2.0 points) | 0.6% | 2.1% | 7.1% |
The most common range is $200,000 to $299,999, 27.4% 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 (Luzerne County) against Luzerne County, its state and the nation
| Franklin Township (Luzerne County) | Luzerne County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median home value | $226,600 (±$15,490) | $174,100 (±$3,161) | $254,500 (±$767) | $332,700 |
| Owner-occupied homes | 646 (±85) | 91,565 (±1,316) | 3,656,971 (±15,249) | 84,210,142 |
In Franklin Township (Luzerne County), the median home value is higher than in Luzerne County ($174,100).
It is also lower than in Pennsylvania ($254,500).
It is lower than the national figure ($332,700).
In Luzerne County, Franklin Township (Luzerne County) ranks 22 of 76 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 954 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 (Luzerne County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $201,600 (±$22,198) | $226,600 (±$15,490) | +12.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,599 (±$128) | $1,813 (±$361) | +13.4% | No measurable change after inflation |
| Median real estate taxes | $3,080 (±$380) | $3,511 (±$374) | +14.0% | 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 (Luzerne County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Franklin Township (Luzerne County) | — | $226,600 (±$15,490) | — |
| Upper Exeter | 2.7 mi | $221,700 (±$10,666) | Not measurably different |
| Exeter Township (Luzerne County) | 3.1 mi | $223,000 (±$22,601) | Not measurably different |
| Exeter Township (Wyoming County) | 3.9 mi | $188,900 (±$49,873) | Not measurably different |
| Northmoreland Township | 3.9 mi | $236,300 (±$26,084) | Not measurably different |
| Dallas Township | 4.0 mi | $267,600 (±$20,657) | Higher |
| Kingston Township | 4.1 mi | $249,300 (±$20,514) | Not measurably different |
| West Wyoming | 4.9 mi | $172,300 (±$13,433) | Lower |
| Shavertown | 5.1 mi | $219,100 (±$63,407) | Not measurably different |
Nearby places with a measurably lower figure: West Wyoming, PA ($172,300).
Nearby places with a measurably higher figure: Dallas Township, PA ($267,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Luzerne County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 16 | Bear Creek Township | $250,200 (±$26,028) |
| 17 | Kingston Township | $249,300 (±$20,514) |
| 18 | Laflin | $244,900 (±$17,066) |
| 19 | Penn Lake Park | $243,800 (±$26,401) |
| 20 | Harveys Lake | $238,600 (±$37,058) |
| 21 | Slocum Township | $230,300 (±$28,117) |
| 22 | Franklin Township (Luzerne County) | $226,600 (±$15,490) |
| 23 | Exeter Township (Luzerne County) | $223,000 (±$22,601) |
| 24 | Union Township (Luzerne County) | $221,400 (±$26,264) |
| 25 | Ross Township (Luzerne County) | $218,200 (±$28,626) |
| 26 | Huntington Township (Luzerne County) | $217,000 (±$44,768) |
| 27 | Jenkins Township | $213,700 (±$65,628) |
| 28 | Lake Township (Luzerne County) | $212,100 (±$23,798) |
Showing 13 of 76 places in Luzerne 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 (Luzerne County)
What is the average home value in Franklin Township (Luzerne County), PA?
The Census Bureau publishes the median: $226,600 (±$15,490) for owner-occupied homes in Franklin Township (Luzerne County) (2020–2024 American Community Survey).
Have home values in Franklin Township (Luzerne County) gone up?
In Franklin Township (Luzerne County), the median home value went from $201,600 in 2015–2019 to $226,600 in 2020–2024 (+12.4%).
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 (Luzerne 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, Luzerne County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Luzerne County, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Franklin township, Luzerne County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Franklin township, Luzerne 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, Luzerne County, Pennsylvania (county subdivision:27424, in state:42 county:079).
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 .
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- Housing data for every place in Pennsylvania