Franklin Heights is an established residential neighborhood in Elizabethtown, Kentucky, featuring homes with a median age of 42 years and a median estimated property value of $220,000. The community of roughly 2,000 residents reflects a balanced housing composition, with 57% owner-occupied and 43% renter-occupied properties. Demographically, the neighborhood has a median age of 37, where adults aged 35–54 make up the largest adult segment (38.16%) and elementary school students represent the primary youth group (35.05%). Economically, Franklin Heights demonstrates solid stability with a median household income of $74,719 and a per capita income of $38,817, supported by key employment sectors in Public Administration, Health Care, Manufacturing, and Education. Additionally, working residents benefit from excellent regional access, as 80.1% report a daily commute under 30 minutes, averaging an 18-minute drive to work.
Latest Market Update
Market activity in the Franklin Heights neighborhood of Elizabethtown, Kentucky, highlights robust long-term equity growth alongside active buying and rental interest. As of September 2026, the median estimated property value reached $219,420, reflecting a 7.15% gain over the last 12 months and an impressive 66.87% increase over the past 36 months. Recent sales inventory includes two new active listings—102 Dixon Ave ($220,900) and 503 Franklin Ave ($214,500)—and a closed sale for a 3-bedroom home at 421 Franklin Ave for $224,900 ($112/sq ft) in August 2026. The rental market remains equally active, with a 2-bedroom rental listing at 300 Dixon Ave offered at $1,250/month and a recently closed lease at 106 Hays Ct. Overall, Franklin Heights continues to offer strong investment potential and accessible property values within Elizabethtown.