Franklin County, North Carolina
County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.
Sale typestate default
Redemption periodstate default
Investor returnstate default
Governing statutestate default
Notes
North Carolina judicial tax foreclosure county. Franklin County sales are subject to the statutory 10-day upset-bid period (N.C.G.S. 1-339.25). Upset bidder deposits 5% of the current bid or $750 (whichever greater) at the Clerk’s Office via Notice of Upset Bid; prior high bidder’s deposit is refunded in full. Statewide foreclosure listings also via Zacchaeus Legal Services. Louisburg / Youngsville / Wake County north-spillover growth corridor.
Auction logistics
Format
Frequency
Deposit rules
Title risk
Deal maths for North Carolina
- Assessment ratio
- 1× of market value
- Typical quiet title
- $1,800–$5,000 · 5 mo
- Recording and transfer
- $250
N.C. Gen. Stat. § 105-283 requires all property to be appraised at its true value in money, which the statute defines as market value. There is no classification ratio and no county variation in the ratio itself — only in how recently it was measured.
Offices and records
Areas trending up
Directional read from dated market analysis — not a guarantee, and not a substitute for your own comps.
Strong Raleigh–Wake spillover and school-driven SF absorption
Commuter demand toward RTP with more attainable pricing than Wake cores
Local government and college employment with steadier small-town inventory