Brokers — List your Company Here
Featured local agent — Franklin Center, NJ
Sarah Mitchell
Compass Real Estate · Franklin Center, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Franklin Center, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$687,500median sale price
How is the Franklin Center, NJ housing market right now?
The median home sale price in Franklin Center, NJ is $687,500, up 5.0% year-over-year. Homes sell in an average of 63 days with 23 active listings. The market is currently a buyer'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 Center a buyer's or seller's market?
Franklin Center, NJ is currently a buyer's market, based on 5.8 months of supply and homes selling in about 63 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
63
Average pace
Active listings
23
5.8 months supply
Sale-to-list
98.5%
Below asking
What does the Franklin Center housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $687,500 |
| Median list price | $675,000 |
| Year-over-year price change | +5.0% |
| Average days on market | 63 days |
| Active inventory | 23 listings |
| Months of supply | 5.8 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $299/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 9 |
| Listings with a price cut | 26.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Franklin Center by property type?
How the Franklin Center, 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 | $687,500 | $299/sq ft | 4 | 63 days |
| Condo / Co-op | $395,000 | $279/sq ft | 1 | 90 days |
| Townhouse | $755,001 | $257/sq ft | 1 | 31 days |
Source: Redfin · Updated monthly
The Franklin Center housing market is currently classified as a buyer's market with a median sale price of $687,500. Prices have risen 5.0% compared to last year, with homes spending an average of 63 days on market, indicating 5.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Franklin Center
There are currently 23 homes listed for sale in Franklin Center, New Jersey. The median listing price is $675K.
Active listings
23
Homes on market
Median list price
$675K
Avg. days on market
63
Days until sale
New this week
9
Newly listed
Who lives in Franklin Center?
Population
5,770
Median income
$138,643/yr
Median age
56.4 years
Owner-occupied
69.4%
College grads
68.2%
Avg commute
35.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Franklin Center?
Franklin Center is a community of approximately 6K residents with a median age of 56.4 years.The median household income is $138,643, which reflects a relatively affluent area with strong earning potential. 68.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Franklin Center offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Franklin Center, NJ?
Want a head-to-head view? Compare Franklin Center 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 Center?
The median home sale price in Franklin Center is $687,500, up 5.0% from last year.
How long do homes stay on market in Franklin Center?
Homes typically spend 63 days on market before going under contract.
What is the median income in Franklin Center?
The median household income is $138,643 per year.
Is Franklin Center a buyer's or seller's market?
With 5.8 months of supply, Franklin Center is currently a buyer's market.
What is the median condo price in Franklin Center?
The median condo/co-op sale price in Franklin Center, NJ is $395,000, compared to $687,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Franklin Center?
The median single-family home price in Franklin Center, NJ is $687,500 (about $299 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Franklin Center, NJ
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Franklin Center market alerts
Weekly updates on prices, inventory, and trends. Free forever.