Franklin Colony Homes for Sale
2 homesCommunity Highlights
- Renovated ranch homes with updated systems
- Close-in Monroe location near downtown and Highway 74
- Manageable lots with practical outdoor space
* Based on what we noticed in listing details.
Architecture & Style
- One-Story Ranch Layout
- Renovated Interiors
- Hardwood Flooring
- Updated Kitchens
- Updated Bathrooms
- Level Lots
- Storage Sheds
* Based on what we noticed in listing details.
Location & Proximity
Piedmont region, southeastern North Carolina
- downtown Monroe historic district
- downtown Monroe shopping
- shopping on Highway 74
- medical services
- major highways out of town
* Based on what we noticed in listing details.
Nearby Schools
Unspecified
Unspecified
Unspecified
* Based on what we noticed in listing details.
First Impressions
Franklin Colony feels like one of Monroe’s classic in-town pockets: modest in scale, established in character, and easy to live with day to day. The homes sit on level lots with mature trees, and the streets carry a settled, residential rhythm that reads as practical rather than flashy. Many properties here have been renovated over time, so you’ll often find updated interiors paired with older ranch-era footprints.
"An established Monroe neighborhood where everyday convenience and straightforward home design come together."
Home Styles & Community Feel
The neighborhood is made up primarily of single-family homes built in the early 1970s, with one older home dating to the late 1950s. Ranch styling is the prevailing look, and many homes feature brick exteriors, hardwood floors, and simple one-story layouts that keep the floor plans approachable. Recent updates commonly include new roofs, windows, HVAC systems, flooring, kitchens, and baths, which gives the area a refreshed feel without losing its mid-century character. Lot sizes are generally manageable, and several homes include fenced yards, storage sheds, carports, or covered patio space.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Fair conditions for both buyers and sellers. Room for negotiation. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 monthsRecently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 1103 Lasalle Street 3 bed1 bath | Apr 22 2025 | $122,000 | 14 | 90% | 988 sq ft | $123 |
8 month gap in market activity | ||||||
![]() SOLD 1604 Tower Court 3 bed2 bath | Aug 6 2024 | $310,000 | 46 | 95% | 1280 sq ft | $242 |
12 month gap in market activity | ||||||
![]() SOLD 1605 Rushing Street 3 bed1 bath | Aug 10 2023 | $237,000 | 32 | 🎯105% | 938 sq ft | $253 |
1+ year gap in market activity | ||||||
![]() SOLD 1609 Rushing Street 3 bed1 bath | May 19 2022 | $245,000 | 25 | 🎯103% | 920 sq ft | $266 |
4 month gap in market activity | ||||||
![]() SOLD 1601 Rushing Street 4 bed1 bath | Jan 14 2022 | $205,000 | 77 | 82% | 1219 sq ft | $168 |
2+ year gap in market activity | ||||||
![]() SOLD 1609 Rushing Street 3 bed1 bath | Aug 2 2019 | $139,000 | 36 | 🎯101% | 923 sq ft | $151 |
2 month gap in market activity | ||||||
![]() SOLD 504 Colony Road 4 bed1 bath | May 6 2019 | $105,000 | 28 | 🎯100% | 1159 sq ft | $91 |
4 month gap in market activity | ||||||
![]() SOLD 1609 Rushing Street 3 bed1 bath | Dec 13 2018 | $79,000 | 27 | 90% | 923 sq ft | $86 |
![]() SOLD 507 Colony Road 3 bed1 bath | Nov 26 2018 | $125,000 | 69 | 96% | 900 sq ft | $139 |
9 month gap in market activity | ||||||
![]() SOLD 501 Colony Road 3 bed1 bath | Feb 16 2018 | $70,000 | 66 | 97% | 1174 sq ft | $60 |
2 month gap in market activity | ||||||
![]() SOLD 1705 Rushing Street 38 3 bed1 bath | Nov 30 2017 | $110,000 | 41 | 🎯100% | 915 sq ft | $120 |
3+ year gap in market activity | ||||||
![]() SOLD 1607 Rushing Street 3 bed2 bath | May 14 2014 | $36,500 | 41 | 90% | 1117 sq ft | $33 |
![]() SOLD 1603 Tower Court 3 bed1 bath | May 9 2014 | $35,000 | 151 | 70% | 958 sq ft | $37 |
9 month gap in market activity | ||||||
![]() SOLD 1600 Rushing Street 3 bed1 bath | Jul 31 2013 | $54,900 | 105 | 🎯100% | 1156 sq ft | $47 |
8 month gap in market activity | ||||||
![]() SOLD 1801 Rushing Street 4 bed1 bath | Nov 13 2012 | $40,033 | 39 | 🎯115% | 1275 sq ft | $31 |

1103 Lasalle Street
$122,000

1604 Tower Court
$310,000

1605 Rushing Street
$237,000

1609 Rushing Street
$245,000

1601 Rushing Street
$205,000

1609 Rushing Street
$139,000

504 Colony Road
$105,000

1609 Rushing Street
$79,000

507 Colony Road
$125,000

501 Colony Road
$70,000

1705 Rushing Street 38
$110,000

1607 Rushing Street
$36,500

1603 Tower Court
$35,000

1600 Rushing Street
$54,900

1801 Rushing Street
$40,033
Market Statistics
The Franklin Colony real estate market shows balanced market conditions. Homes typically sell within 40 days. With 2 active listings and 0 homes sold in the past year, A healthy balance between buyers and sellers.
Pricing
Median Price:$285,000
Average Price:$285,000
Property Details
Avg Bedrooms:3.2
Avg Bathrooms:1.2
Avg Lot Size:0.29 acres
Market Activity
Active Listings:2
Sold Last Year:0
Median Days to Sell:40 days
Community Info
Median Year Built:1972
New Construction:0%





















