Why Live in Franklin
Franklin, Vermont, is a serene rural community near the Canadian border, surrounded by farmland, rolling hills, and the tranquil waters of Lake Carmi. With a population of just over 1,300 residents, Franklin offers a quiet and safe environment, boasting a crime rate lower than the national average. The town features a mix of year-round and seasonal homes, including traditional colonial-style farmhouses, historic hamlet homes, and lakefront properties that provide privacy and scenic views. Franklin Central School, which serves pre-kindergarten through sixth grade, is highly rated, contributing to the town's appeal for families.
Lake Carmi State Park is a central attraction, offering recreational activities such as swimming, boating, camping, and fishing. Nearby, Mill Pond Campground provides additional amenities, including a swimming pool and a general store. For more recreational options, residents can visit Enosburg Falls, located 10 miles away, which features community recreation fields, a country club, and a dog park. The Lamoille Valley Rail Trail and Jay State Park offer hiking, biking, and skiing opportunities, with Jay Peak Resort known for its significant snowfall and year-round indoor waterpark.
Franklin's town center includes the Franklin General Store, known for its homemade pizza and deli sandwiches. Dining options extend to nearby Enosburg Falls and St. Albans City, which also offer shopping and entertainment. Community events in Franklin, such as gatherings at the Franklin Town Hall and the annual chicken barbecue hosted by the Franklin Volunteer Fire Department, foster a strong sense of local spirit. Commuting is facilitated by Vermont State Route 120, State Route 235, U.S. Route 7, and Interstate 89, with Burlington International Airport 45 miles south.
Frequently Asked Questions
What is the average home price in Franklin, VT?
Homes for sale in Franklin, VT have an average home price of $468,020.
How many homes have sold over the last 12 months in Franklin, VT?
11 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 $381,950. If you put a 20% down payment of $76,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K 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 71 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 $445,000, up 53% from the median home sale price over the previous 12 months.
Median Sale Price
$445,000
Median Single Family Sale Price
$370,000
Average Price Per Sq Ft
$257
Number of Homes for Sale
9
Last 12 months Home Sales
11
Median List Price
$381,950
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
53%