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Featured local agent — Franklin, MA
Sarah Mitchell
Compass Real Estate · Franklin, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Franklin, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$707,000median sale price
How is the Franklin, MA housing market right now?
The median home sale price in Franklin, MA is $707,000, up 1.0% year-over-year. Homes sell in an average of 19 days with 46 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Franklin a buyer's or seller's market?
Franklin, MA is currently a strong seller's market, based on 2.3 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
19
Fast-moving
Active listings
46
2.3 months supply
Sale-to-list
104.7%
Above asking
What does the Franklin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $707,000 |
| Median list price | $799,000 |
| Year-over-year price change | +1.0% |
| Average days on market | 19 days |
| Active inventory | 46 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 104.7% |
| Median price per sq ft | $366/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 42 |
| Listings with a price cut | 15.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Franklin by property type?
How the Franklin, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $868,750 | $354/sq ft | 16 | 19 days |
| Condo / Co-op | $325,000 | $343/sq ft | 1 | 103 days |
| Townhouse | $679,000 | $391/sq ft | 3 | 14 days |
Source: Redfin · Updated monthly
The Franklin housing market is currently classified as a strong seller's market with a median sale price of $707,000. Prices have risen 1.0% compared to last year, with homes spending an average of 19 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Franklin
There are currently 46 homes listed for sale in Franklin, Massachusetts. The median listing price is $799K.
Active listings
46
Homes on market
Median list price
$799K
Avg. days on market
19
Days until sale
New this week
42
Newly listed
What are homes worth in Franklin?
Zillow home value
$717,119
Zillow rent index
$2,631/mo
Price-to-rent ratio
22.7x
Source: Zillow Research
Which public schools serve Franklin?
12 schools tracked · 6,532 students
The largest public schools serving Franklin, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Franklin High
Grades 9-12 · 1,569 students
Tri-County Regional Vocational Technical
Grades 9-12 · 964 students
Benjamin Franklin Classical Charter Public School
Grades K-8 · 888 students
Helen Keller Elementary
Grades K-5 · 558 students
Horace Mann
Grades 6-8 · 387 students
Oak Street Elementary
Grades K-5 · 386 students
Remington Middle
Grades 6-8 · 351 students
Jefferson Elementary
Grades K-5 · 333 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Franklin, MA?
Want a head-to-head view? Compare Franklin side-by-side with any other U.S. city using our market-comparison tool.
Is Franklin a good real estate investment market?
For investors evaluating Franklin, the price-to-rent ratio of 22.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 1.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Franklin's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Franklin's median home price.
Frequently asked questions
What is the average home price in Franklin?
The median home sale price in Franklin is $707,000, up 1.0% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 19 days on market before going under contract.
Is Franklin a buyer's or seller's market?
With 2.3 months of supply, Franklin is currently a strong seller's market.
What is the Zillow home value estimate for Franklin?
The Zillow Home Value Index (ZHVI) for Franklin is $717,119, representing the typical home value in the area.
What is the median condo price in Franklin?
The median condo/co-op sale price in Franklin, MA is $325,000, compared to $868,750 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Franklin?
The median single-family home price in Franklin, MA is $868,750 (about $354 per square foot).
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