Franklin County, IL Housing Market Brief
county · IL · score computed October 2026
What is Franklin County, IL’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 3 of 5 (population 20,431–39,126) · comparable within its band
Where is Franklin County, IL in its market cycle?
Franklin County, IL is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Franklin County, IL?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Franklin County, IL housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $140K | ▲ +51% | Redfin |
| Median Days on Market | 71 days | ▲ +10.9% | Redfin |
| Months of Supply | 4.3 | ▲ +43.3% | Redfin |
| Homes for Sale | 119 | 0% | Redfin |
| Homes Sold | 28 | ▼ -30% | Redfin |
| Median Price / Sq Ft | $103 | ▲ +59.5% | Redfin |
How has Franklin County, IL’s Alpha Score moved?
Markets like Franklin County, IL
Frequently asked questions
Is Franklin County, IL a buyer's or seller's market?
In the scores computed October 2026, Franklin County, IL is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Franklin County, IL?
The median sale price in Franklin County, IL is $140K, having risen 51% over the past year, according to Redfin.
How affordable is Franklin County, IL?
Franklin County, IL scores 98 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Franklin County, IL's Alpha Score?
Franklin County, IL's strongest dimension is Rental Yield (98/100) and its weakest is Inventory Health (13/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Franklin County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.