Why Live in Franklin
Franklin, nestled in the northern reaches of Vermont, is a serene rural community characterized by farmland, rolling hills, and the tranquil waters of Lake Carmi. With a population of just over 1,300, Franklin offers a quiet, safe setting with a crime rate lower than the national average. The area is known for its affordability, attracting both year-round residents and seasonal visitors. Homes range from traditional colonial-style farmhouses and historic hamlet homes to lakefront properties and custom-built homesteads. Franklin Central School, part of the Missisquoi Valley School District, is highly rated, providing quality education for younger children. Lake Carmi State Park is a local highlight, offering swimming, boating, camping, and fishing opportunities. Additional recreational activities can be found at Mill Pond Campground, Enosburg Community Recreation Fields, and Highgate Sports Arena. The Lamoille Valley Rail Trail and Jay State Park provide extensive hiking, biking, and skiing options. Franklin's village center features the Franklin General Store, while nearby Enosburg Falls offers more dining and shopping options. Community events like the Franklin County Field Days and gatherings at the Franklin Town Hall foster a strong sense of local spirit. Despite its rural charm, Franklin is conveniently connected via Vermont State Route 120, State Route 235, and Interstate 89, with Burlington International Airport 45 miles away and Montreal 60 miles northwest.
Frequently Asked Questions
What is the average home price in Franklin, VT?
Homes for sale in Franklin, VT have an average home price of $450,638.
How many homes have sold over the last 12 months in Franklin, VT?
10 homes have sold in Franklin, VT over the last 12 months.
What are the most popular zip codes in Franklin, VT?
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $372,000. If you put a 20% down payment of $74,400 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $83K a year to afford the median home price in Franklin.
How are the schools in Franklin, VT?
Home Trends in Franklin, VT
On average, homes in Franklin, VT sell after 69 days on the market compared to the national average of 50 days. The median sale price for homes in Franklin, VT over the last 12 months is $422,000, up 36% from the median home sale price over the previous 12 months.
Median Sale Price
$422,000
Median Single Family Sale Price
$345,000
Average Price Per Sq Ft
$256
Number of Homes for Sale
8
Last 12 months Home Sales
10
Median List Price
$372,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
36%