The story of this market
The typical home in ZIP 45005 sells for about $279,917, or $172 per square foot.
Prices are up +4.4% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,000 a month.
ZIP 45005 — Franklin
The 45005 housing market is currently very competitive, with home prices showing steady year-over-year growth of 4.4%. High demand and limited inventory are driving fast sales, though the market remains sensitive to broader regional economic shifts in the Cincinnati-Dayton corridor.
This ZIP is well-suited for family buyers and commuters seeking a balance between affordability and access to the Cincinnati-Dayton metro corridor.
Median prices moved up 4.4% year over year.
Homes spend a median of 39 days on market with 1.0 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 12.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45005, Warren County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes in Franklin are administered by Warren County based on assessed property values, with rates determined by local school district and municipal levies.
Residents typically commute via I-75, providing a direct corridor toward the Cincinnati and Dayton employment hubs.
The area features local parks and proximity to the Great Miami River, with shopping and dining options concentrated along the main commercial corridors in Franklin.
The rental market is characterized by steady demand from local workers, with moderate vacancy pressure and a mix of single-family and multi-family offerings.
The local economy is supported by a mix of manufacturing, retail, and service-sector employers, benefiting from its strategic location between Cincinnati and Dayton.
The area is primarily served by the I-75 highway corridor, facilitating regional transit between major employment centers.
The Warren County Auditor manages property assessments, ensuring valuations align with market trends for tax distribution.
Parcels are subject to local school district levies and county-wide service assessments.
Property insurance premiums in this region are influenced by standard Midwestern hazard profiles, including wind and storm risks.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides recreational opportunities including fishing and trail access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.