Land Market Insights and Pricing in Franklin County, New York

Franklin County, New York, offers a diverse landscape for land buyers, encompassing 1,629 square miles of rugged terrain within the Adirondack Park. The county is dominated by the High Peaks Wilderness area, including Mount Marcy, New York's highest peak, and features scenic lakes like Saranac and Lake Placid. This mountainous topography, rich in natural resources, presents opportunities for tourism and outdoor recreation. While less suitable for agriculture, the region's dense forests hint at potential for sustainable forestry. The county's history of grand resort hotels suggests a strong foundation for tourism-based ventures. However, potential buyers should note the higher-than-average property tax rate of 1.88%. Despite this, Franklin's median home price of $128,600 is significantly below the national average, making it an attractive option for those seeking affordable land in a picturesque setting.