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Franklinton

Franklinton

$372,901 Average Value
$193 Average Price per Sq Ft
137 Homes For Sale

Franklinton is a growing town with new homes and businesses

Just north of Wake Forest lies the small town of Franklinton, known for its growing suburban communities and walkable downtown. Originally established as a railroad depot in 1839, this Franklin County town has grown steadily since 2000, with custom-home neighborhoods and fresh subdivisions shaping its residential areas. Franklinton’s Main Street retains its historic character and is a destination for boutique shopping and trendy dining. Parks, a public golf course and community events like the annual Funkytown Festival round out the appeal.

Downtown Franklinton has a good mix of shops and restaurants.
Downtown Franklinton has a good mix of shops and restaurants.
The town of Franklinton is located in Franklin County, North Carolina.
The town of Franklinton is located in Franklin County, North Carolina.
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What home prices and styles you’ll find in Franklinton

The median home sale price in Franklinton is in the upper $300,000s, below that of Wake Forest but above that of Creedmoor. You can usually find:

  • Older homes and those with under 2,000 square feet from the upper $100,000s to the mid-$300,000s
  • Larger homes from the mid-$300,000s to the upper $800,000s
  • Luxury homes from the lower $900,000s to around $1.3 million
  • Townhouses from the upper $100,000s to the upper $200,000s
Most homes in Franklinton have been built since 2000, giving most of its residential areas a modern feel, and more subdivisions are being added. “Franklinton is a growing community,” say Greg Dyer and Wendy Dyer, a local Realtor team with Julie Wright Realty Group. “Developments like Woodland Park are great to move to since it's a custom home builder neighborhood." Throughout the community, you can find a mix of ranch-style homes, New Traditional builds with colonial and Craftsman influences, and custom-built modern farmhouses with luxury amenities.

You can find some older bungalows in Franklinton.
You can find some older bungalows in Franklinton.
Most of Franklinton's homes are newer construction.
Most of Franklinton's homes are newer construction.
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How to get around the Triangle

Franklinton is a car-dependent community, with U.S. Route 1 running through the area and state Route 56 serving as the main east-west road. Wake Forest is about 10 miles away, or a 15-minute drive. Raleigh is 27 miles away, and Durham is 30 miles away, drives that take less than an hour. The Raleigh-Durham International Airport is a 33-mile trip.

Which Franklin County schools serve the area

Franklinton is served by two public school districts, Franklin County Schools and Granville County Schools, with assignments depending on a student's home address. Kids can start at Franklinton Elementary School, then go to Franklinton Middle School. Older students can go to Franklinton High School or apply to Franklin County Early College High School, which gets an A rating from Niche and offers a five-year program where students can earn a high school diploma and an associate degree.

Franklinton Elementary School serves the area.
Franklinton Elementary School serves the area.
Franklinton Middle School serves sixth through eighth grades.
Franklinton Middle School serves sixth through eighth grades.
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A walkable downtown with locally owned shops and restaurants

Franklinton has a walkable downtown area with locally owned businesses. “The town has a lot of nice restaurants,” the Dyers say. “People come all the way from Wake Forest to eat in Franklinton.” You can get street-style tacos at Toros Tacos + Tequila and an upscale dinner at Franko’s Italian Steakhouse. There are boutiques and other shops mixed in, including Archer + Pratt, a gift and home décor shop, and The Stables Marketplace, which has local vendors selling handmade goods and clothing. On Saturday mornings, you can stock up on locally grown produce at The Franklinton Market. For groceries, the Franklinton Square shopping center has Food Lion and Family Dollar, and there are more options in Wake Forest.

Toros Tacos + Tequila is a Mexican restaurant located in downtown Franklinton.
Toros Tacos + Tequila is a Mexican restaurant located in downtown Franklinton.
You can find local crafts and home decor at Archer + Pratt.
You can find local crafts and home decor at Archer + Pratt.
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Franklinton Park anchors outdoor recreation

You can get outside at Franklinton Park, a roughly 20-acre space with a modern playground, a basketball court and ball fields. The park also has an Innovation STEM trail with interactive elements to help teach kids about different careers. Texaco Station Park is a small green space in a converted service station downtown. The public Olde Liberty Golf Club has an 18-hole course, a driving range and a putting green.

Franklinton Park has a playground and much more.
Franklinton Park has a playground and much more.
Franklinton Park is located just outside of the downtown area.
Franklinton Park is located just outside of the downtown area.
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Downtown events like the Funkytown Festival

Franklinton hosts community events in its downtown area throughout the year. Here are some popular ones:

  • Funkytown Festival, a June celebration of the 1970s and ‘80s along Main Street
  • Frankenfest, a Halloween festival with food trucks, live music and costume contests
  • Christmas Tree Lighting and Christmas Market, a November event with vendors and festive music
  • Franklinton Christmas Parade, a nighttime holiday parade through downtown each December

Annie Franklin
Written By
Annie Franklin
Bryan Regan
Photography Contributed By
Bryan Regan
Colleen Carey
Video By
Colleen Carey

Interested in learning more about homes in this area? Reach out to Lexxi Perez, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Franklinton US
Homicide 1 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Area Facts

Number of Homes
5,191
Number of Homes for Sale
137
Median Year Built
2006
Months of Supply
3.50
Average Single Family Home Size Sq Ft
1,946
On par with the national average
1,935
Average Townhouse Size Sq Ft
1,581
Median Lot Size Sq Ft
24,829

Open Houses

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Franklinton Has More Owners

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$1,745
Median Single Family Home Rent
$2,199
Median 4 Bedroom Single Family Home Rent
$2,471
Median Townhouse Rent
$1,350
Median 2 Bedroom Townhouse Rent
$1,495
Median Condo Rent
$1,350
Median 2 Bedroom Condo Rent
$1,350

Demographics

Total Population
3,243
Median Age
38
Population under 18
25.1%
On par with the national average
23.8%
Population over 65
18.7%
On par with the national average
19.1%

Finances

Median Household Income
$45,877
Significantly below the national average
$79,597
Average Household Income
$70,421

Education and Workforce

High School Graduates
81.3%
College Graduates
16.4%
Below the national average
34.1%
Advanced Degrees
7.2%
% Population in Labor Force
52.9%
Below the national average
64.9%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
89°F
Annual Snowfall
8''

Area Factors

Somewhat bikeable

Bikeability®

20 / 100

Not walkable

Walkability®

10 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Franklinton
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