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Area data

Franklin, TX — ZIP 77856

Population: 5,515 (Census ACS)

The median home value in ZIP 77856 (Franklin, TX) is $384,850 — up 2.3% over the past year. Homes sell for a median $490,000 after a median 157.5 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought the top-rated hazards. Cost of living is 3.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$384,850

Median home value

+2.3%

1-year change

157.5

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$384,850
1-year appreciation
+2.3%
3-year appreciation
+7.7%
5-year appreciation
+11.5%
10-year appreciation
+39.8%
All-time peak (2026-04)
$387,590
House Price Index (state)
440.1 (-0.8% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$490,000
Median list price
$639,000
Median price per sqft
$234
1-year sale-price change
+46.5%
Median days on market
157.5 days
Homes sold (recent period)
8
For-sale inventory
46
Sale-to-list ratio
97.9%
Active listings
42
1-year forecast
+1.1%
New listings (monthly)
8

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$828/mo
1BR fair-market rent
$1,035/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,640/mo
4BR fair-market rent
$1,892/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Schools include
FRANKLIN H S, ROLAND REYNOLDS EL, FRANKLIN MIDDLE

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low · iceStorm: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 64% of US counties
Buildings in wildfire direct-exposure zone
75.5%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
38.7 in
USDA plant hardiness zone
9a (extreme annual low 20 to 25°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
7.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,239
Jobs reachable by transit (45 min)
4,221

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Waco Mammoth National Monument (57 mi)
Airports within 30 mi
18
Nearest airport
Myrtle Creek Ranch Airport (8 mi)
Nearest major airport
Easterwood Field (CLL) (34 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
CHI ST JOSEPH HEALTH REGIONAL HOSPITAL, PHYSICIANS CENTRE,THE, FALLS COMMUNITY HOSPITAL AND CLINIC
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Good (4.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+88 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,994
Housing built before 1970
18.3%
Housing built 2000 or later
42.1%
Median annual property tax
$2,648
Mean commute to work
26 min
Households with broadband internet
57.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,339
Average weekly wage
$1,263
Top industries (by employment)
Wholesale Trade, Accommodation & Food, Construction
Annual residential building permits (county)
64

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 77856State medianUS median
Median home value$384,850$260,151$289,727
Median sale price$490,000$285,000$325,000
Median days on market158 days71 days51 days
Median annual property tax$2,648$2,390$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 77856?
$384,850.
What is the median sale price in ZIP 77856?
$490,000.
How long do homes take to sell in ZIP 77856?
Median days on market: 157.5 days.
What is typical rent in ZIP 77856?
2-bedroom fair-market rent: $1,261/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 77856?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought.
Is ZIP 77856 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 77856?
Risk to homes is higher than 64% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 77856?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 77856?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 77856?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is ZIP 77856 walkable?
Walkability index: 7.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 77856?
Regional Price Parity: 96.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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