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Featured local agent — East Franklin, NJ
Sarah Mitchell
Compass Real Estate · East Franklin, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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East Franklin, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$460,000median sale price
How is the East Franklin, NJ housing market right now?
The median home sale price in East Franklin, NJ is $460,000, down 4.2% year-over-year. Homes sell in an average of 36 days with 10 active listings. The market is currently a balanced 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 East Franklin a buyer's or seller's market?
East Franklin, NJ is currently a balanced market, based on 3.3 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
36
Average pace
Active listings
10
3.3 months supply
Sale-to-list
99.4%
Below asking
What does the East Franklin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $460,000 |
| Median list price | $484,000 |
| Year-over-year price change | -4.2% |
| Average days on market | 36 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $311/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 8 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in East Franklin by property type?
How the East Franklin, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $460,000 | $311/sq ft | 3 | 36 days |
Source: Redfin · Updated monthly
The East Franklin housing market is currently classified as a balanced market with a median sale price of $460,000. Prices have fallen 4.2% compared to last year, with homes spending an average of 36 days on market, indicating 3.3 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 East Franklin
There are currently 10 homes listed for sale in East Franklin, New Jersey. The median listing price is $484K.
Active listings
10
Homes on market
Median list price
$484K
Avg. days on market
36
Days until sale
New this week
8
Newly listed
Who lives in East Franklin?
Population
10,281
Median income
$105,363/yr
Median age
30.4 years
Owner-occupied
47.9%
College grads
24.8%
Avg commute
31 min
Source: U.S. Census Bureau ACS
What is it like to live in East Franklin?
East Franklin is a community of approximately 10K residents with a median age of 30.4 years.The median household income is $105,363, which reflects a relatively affluent area with strong earning potential. 24.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 47.9%, showing a blend of owner and renter-occupied properties. The average commute time is 31 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, East Franklin offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near East Franklin, NJ?
Want a head-to-head view? Compare East Franklin side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in East Franklin?
The median home sale price in East Franklin is $460,000, down 4.2% from last year.
How long do homes stay on market in East Franklin?
Homes typically spend 36 days on market before going under contract.
What is the median income in East Franklin?
The median household income is $105,363 per year.
Is East Franklin a buyer's or seller's market?
With 3.3 months of supply, East Franklin is currently a balanced market.
How much does a single-family home cost in East Franklin?
The median single-family home price in East Franklin, NJ is $460,000 (about $311 per square foot).
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