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Featured local agent — Franklin Town, MA
Sarah Mitchell
Compass Real Estate · Franklin Town, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Franklin Town, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$707,000median sale price
How is the Franklin Town, MA housing market right now?
The median home sale price in Franklin Town, MA is $707,000, up 1.0% year-over-year. Homes sell in an average of 19 days with 45 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 Town a buyer's or seller's market?
Franklin Town, 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
45
2.3 months supply
Sale-to-list
104.7%
Above asking
What does the Franklin Town 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 | 45 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 | 15.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Franklin Town by property type?
How the Franklin Town, 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 Town 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 Town
There are currently 45 homes listed for sale in Franklin Town, Massachusetts. The median listing price is $799K.
Active listings
45
Homes on market
Median list price
$799K
Avg. days on market
19
Days until sale
New this week
42
Newly listed
Who lives in Franklin Town?
Population
33,067
Median income
$142,788/yr
Median age
42.1 years
Owner-occupied
78.4%
College grads
56.4%
Avg commute
34.3 min
Source: U.S. Census Bureau ACS
What is it like to live in Franklin Town?
Franklin Town is a community of approximately 33K residents with a median age of 42.1 years.The median household income is $142,788, which reflects a relatively affluent area with strong earning potential. 56.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Franklin Town offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Franklin Town, MA?
Want a head-to-head view? Compare Franklin Town side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Franklin Town?
The median home sale price in Franklin Town is $707,000, up 1.0% from last year.
How long do homes stay on market in Franklin Town?
Homes typically spend 19 days on market before going under contract.
What is the median income in Franklin Town?
The median household income is $142,788 per year.
Is Franklin Town a buyer's or seller's market?
With 2.3 months of supply, Franklin Town is currently a strong seller's market.
What is the median condo price in Franklin Town?
The median condo/co-op sale price in Franklin Town, 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 Town?
The median single-family home price in Franklin Town, MA is $868,750 (about $354 per square foot).
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