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Featured local agent — Franklin Square, NY
Sarah Mitchell
Compass Real Estate · Franklin Square, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Franklin Square, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$841,000median sale price
How is the Franklin Square, NY housing market right now?
The median home sale price in Franklin Square, NY is $841,000, up 12.2% year-over-year. Homes sell in an average of 31 days with 28 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 Square a buyer's or seller's market?
Franklin Square, NY is currently a strong seller's market, based on 2.3 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
31
Average pace
Active listings
28
2.3 months supply
Sale-to-list
103.8%
Above asking
What does the Franklin Square housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $841,000 |
| Median list price | $784,500 |
| Year-over-year price change | +12.2% |
| Average days on market | 31 days |
| Active inventory | 28 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 103.8% |
| Median price per sq ft | $590/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 16 |
| Listings with a price cut | 14.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Franklin Square by property type?
How the Franklin Square, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $841,000 | $590/sq ft | 12 | 31 days |
| Condo / Co-op | $595,000 | $350/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Franklin Square housing market is currently classified as a strong seller's market with a median sale price of $841,000. Prices have risen 12.2% compared to last year, with homes spending an average of 31 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.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Franklin Square
There are currently 28 homes listed for sale in Franklin Square, New York. The median listing price is $785K.
Active listings
28
Homes on market
Median list price
$785K
Avg. days on market
31
Days until sale
New this week
16
Newly listed
Who lives in Franklin Square?
Population
30,559
Median income
$140,051/yr
Median age
40.7 years
Owner-occupied
83.0%
College grads
38.0%
Avg commute
35.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Franklin Square?
Zillow home value
$824,962
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Franklin Square?
Franklin Square is a community of approximately 31K residents with a median age of 40.7 years.The median household income is $140,051, which reflects a relatively affluent area with strong earning potential. 38.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Franklin Square offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Franklin Square?
6 schools tracked · 5,188 students
The largest public schools serving Franklin Square, NY 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.
H FRANK CAREY HIGH SCHOOL
Grades 7-12 · 1,594 students
VALLEY STREAM NORTH HIGH SCHOOL
Grades 7-12 · 1,261 students
WASHINGTON STREET SCHOOL
Grades PK-6 · 790 students
POLK STREET SCHOOL
Grades PK-6 · 624 students
JOHN STREET SCHOOL
Grades PK-6 · 500 students
WILLOW ROAD SCHOOL
Grades K-6 · 419 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 Square, NY?
Want a head-to-head view? Compare Franklin Square 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 Square?
The median home sale price in Franklin Square is $841,000, up 12.2% from last year.
How long do homes stay on market in Franklin Square?
Homes typically spend 31 days on market before going under contract.
What is the median income in Franklin Square?
The median household income is $140,051 per year.
Is Franklin Square a buyer's or seller's market?
With 2.3 months of supply, Franklin Square is currently a strong seller's market.
What is the Zillow home value estimate for Franklin Square?
The Zillow Home Value Index (ZHVI) for Franklin Square is $824,962, representing the typical home value in the area.
What is the median condo price in Franklin Square?
The median condo/co-op sale price in Franklin Square, NY is $595,000, compared to $841,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Franklin Square?
The median single-family home price in Franklin Square, NY is $841,000 (about $590 per square foot).
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