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Featured local agent — Franklin, PA
Sarah Mitchell
Compass Real Estate · Franklin, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Franklin, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$137,500median sale price
How is the Franklin, PA housing market right now?
The median home sale price in Franklin, PA is $137,500, down 28.6% year-over-year. Homes sell in an average of 94 days with 17 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 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, PA is currently a balanced market, based on 3.4 months of supply and homes selling in about 94 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
94
Average pace
Active listings
17
3.4 months supply
Sale-to-list
98.6%
Below asking
What does the Franklin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $137,500 |
| Median list price | $125,000 |
| Year-over-year price change | -28.6% |
| Average days on market | 94 days |
| Active inventory | 17 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $95/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 5 |
| Listings with a price cut | 23.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Franklin by property type?
How the Franklin, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $137,500 | $95/sq ft | 5 | 94 days |
Source: Redfin · Updated monthly
The Franklin housing market is currently classified as a balanced market with a median sale price of $137,500. Prices have fallen 28.6% compared to last year, with homes spending an average of 94 days on market, indicating 3.4 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 2.5x provides context for how home values compare to local earning capacity.
Homes for sale in Franklin
There are currently 17 homes listed for sale in Franklin, Pennsylvania. The median listing price is $125K.
Active listings
17
Homes on market
Median list price
$125K
Avg. days on market
94
Days until sale
New this week
5
Newly listed
Who lives in Franklin?
Population
6,026
Median income
$54,955/yr
Median age
43 years
Owner-occupied
49.8%
College grads
24.6%
Avg commute
17.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Franklin?
Zillow home value
$136,003
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Franklin?
Franklin is a community of approximately 6K residents with a median age of 43 years.The median household income is $54,955, which represents a working-class community with solid middle-income opportunities. 24.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.8%, showing a blend of owner and renter-occupied properties. The average commute time is 17.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Franklin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Franklin?
5 schools tracked · 2,372 students
The largest public schools serving Franklin, PA 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 Area JSHS
Grades 7-12 · 820 students
Valley Grove El Sch
Grades PK-6 · 455 students
Central El Sch
Grades K-6 · 398 students
Rocky Grove JSHS
Grades 7-12 · 393 students
Sandycreek El Sch
Grades K-6 · 306 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, PA?
Want a head-to-head view? Compare 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 Franklin?
The median home sale price in Franklin is $137,500, down 28.6% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 94 days on market before going under contract.
What is the median income in Franklin?
The median household income is $54,955 per year.
Is Franklin a buyer's or seller's market?
With 3.4 months of supply, Franklin is currently a balanced market.
What is the Zillow home value estimate for Franklin?
The Zillow Home Value Index (ZHVI) for Franklin is $136,003, representing the typical home value in the area.
How much does a single-family home cost in Franklin?
The median single-family home price in Franklin, PA is $137,500 (about $95 per square foot).
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