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Sarah Mitchell

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Compass Real Estate · Franklin Park, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Franklin Park, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Franklin Park, PA Housing Market

Seller's market+28.0% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $628,500, +28.0% year over year (through May 2026). With 2.7 months of supply and homes going under contract in about 43 days, Franklin Park is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $628,500 home is about $3,355/mo in principal and interest.

Key numbers for Franklin Park, PA

Median sale price

$628,500

+28.0% year over year

Redfin, through May 2026

Days on market

43

Average pace

Redfin, through May 2026

Active listings

43

2.7 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$172,200

Home costs 3.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.4%

Selling above asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Franklin Park a buyer's or seller's market?

Seller's market2.7 months of supply43 days on market101.4% of asking

Franklin Park, PA is a seller's market, based on 2.7 months of supply and homes selling in about 43 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Franklin Park housing market data show?

Every row below is Redfin's final published month for Franklin Park, PA. Redfin, through May 2026

Housing market statistics for Franklin Park, PA, Redfin through May 2026
MetricValue
Median sale price$628,500
Median list price$612,500
Year-over-year price change+28.0%
Median price per sq ft$214/sq ft
Median days on market43 days
Active inventory43 listings
Months of supply2.7 months
Sale-to-list price ratio101.4%
Homes sold (that month)16
New listings (that month)20
Listings with a price cut9.3%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Franklin Park is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Franklin Park is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Franklin Park home prices moved?

Over the last three years the median sale price in Franklin Park, PA rose 32.9%, from $473,000 to $628,500. 9.3% of Franklin Park listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.7 months while the sale-to-list ratio slips below its current 101.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

Get Franklin Park market alerts

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What does it cost to buy a home in Franklin Park?

Priced off the median sale price of $628,500 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Franklin Park, PA
Down paymentCash at closeLoan amountMonthly P&I
20%$125,700$502,800$3,355/mo
5%$31,425$597,075$3,984/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,355, that implies roughly $143,798 a year before you add taxes and insurance. The median household in Franklin Park earns $172,200, about $28,402 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.6x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Franklin Park in the next 12 months?

Tell us your timeline. We send the Franklin Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Franklin Park?

Zillow does not publish a rent index (ZORI) for Franklin Park, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Franklin Park?

Active listings in Franklin Park, PA went from 51 in May 2025 to 43 in May 2026, a -15.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Franklin Park, PA
MonthActive listingsNew listings
June 20254818
July 20254520
August 2025327
September 20253616
October 20253211
November 2025275
December 2025206
January 2026229
February 20262312
March 20262818
April 20264122
May 20264320

Redfin, through May 2026

How does Franklin Park compare to Pennsylvania and the U.S.?

Franklin Park homes sell for $628,500 — 90% above the Pennsylvania median of $330,200. Against the national median of $410,700, Franklin Park runs 53% higher. Year-over-year, Franklin Park moved +28.0% against Pennsylvania's +5.3% — a bigger swing than the state as a whole.

Franklin Park, PA compared with Pennsylvania and the United States
MarketMedian sale priceYoYDays on market
Franklin Park, PA$628,500+28.0%43 days
Pennsylvania statewide$330,200+5.3%30 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Franklin Park

What buyers should watch

  • Months of supply, currently 2.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 9.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $629 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $628,500 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Franklin Park listing goes under contract in 43 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.4% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Franklin Park added 20 new listings against 16 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Franklin Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Franklin Park

There are currently 43 homes listed for sale in Franklin Park, Pennsylvania. The median listing price is $613K. Featured listings range from $210,000 to $589,000.

3 bedroom condo for sale at 145 Ridge Dr Franklin Park 18372 - $210,000
29
$210,000
1mo

145 Ridge Dr

Franklin Park, PA 18372

3 bd2 ba1,250 sqft$168/ft²
CondoBuilt 19821,306 sqft lot
HOA $172/mo
View photos & details
3 bedroom townhouse for sale at 217 Evergreen Ct Franklin Park 18372 - $233,000
38
$233,000
17d

217 Evergreen Ct

Franklin Park, PA 18372

3 bd2 ba1,260 sqft$185/ft²
TownhouseBuilt 19821,306 sqft lot
HOA $163/mo
View photos & details
3 bedroom condo for sale at 244 High Pass Way Franklin Park 18372 - $290,000
New Listing
21
$290,000
7d

244 High Pass Way

Franklin Park, PA 18372

3 bd2.5 ba1,350 sqft$215/ft²
CondoBuilt 1982435 sqft lot
HOA $499/mo
View photos & details
2 bedroom condo for sale at 15 Ski Side Ct Franklin Park 18372 - $299,500
Coming Soon
2
$299,500
10d

15 Ski Side Ct

Franklin Park, PA 18372

2 bd2 ba1,122 sqft$267/ft²
CondoBuilt 1987871 sqft lot
HOA $175/mo
View photos & details
3 bedroom condo for sale at 163 Pine Ct Franklin Park 18372 - $323,900
34
$323,900
16d

163 Pine Ct

Franklin Park, PA 18372

3 bd2 ba1,475 sqft$220/ft²
CondoBuilt 2001871 sqft lot
HOA $438/mo
View photos & details
3 bedroom condo for sale at 412 Hickory Dr Franklin Park 18372 - $335,000
44
$335,000
1mo

412 Hickory Dr

Franklin Park, PA 18372

3 bd2 ba1,368 sqft$245/ft²
CondoBuilt 19961,307 sqft lot
HOA $394/mo
View photos & details
3 bedroom condo for sale at 344 Hemlock Ln Franklin Park 18372 - $400,000
52
$400,000
24d

344 Hemlock Ln

Franklin Park, PA 18372

3 bd3 ba1,974 sqft$203/ft²
CondoBuilt 2004871 sqft lot
HOA $334/mo
View photos & details
4 bedroom condo for sale at 155 Pine Ct Unit E Franklin Park 18372 - $439,000
35
$439,000
27d

155 Pine Ct Unit E

Franklin Park, PA 18372

4 bd3 ba2,172 sqft$202/ft²
CondoBuilt 2003871 sqft lot
HOA $453/mo
View photos & details
4 bedroom condo for sale at 416 Hickory Dr Franklin Park 18372 - $439,000
3D Walkthrough3D Tour
41
$439,000
16d

416 Hickory Dr

Franklin Park, PA 18372

4 bd2 ba1,626 sqft$270/ft²
CondoBuilt 19941,306 sqft lot
HOA $441/mo
View photos & details
4 bedroom mobile home for sale at 140 Camelback Rd N Franklin Park 18372 - $450,000
44
$450,000
26d

140 Camelback Rd N

Franklin Park, PA 18372

4 bd2 ba1,330 sqft$338/ft²
Mobile homeBuilt 19632.29 acres
View photos & details
4 bedroom mobile home for sale at 136 Marcelle Ter Franklin Park 18372 - $474,800
3D Walkthrough3D Tour
52
$474,800
1mo

136 Marcelle Ter

Franklin Park, PA 18372

4 bd2.5 ba2,773 sqft$171/ft²
Mobile homeBuilt 19991.60 acres
View photos & details
4 bedroom mobile home for sale at 199 Sunbird Way Franklin Park 18372 - $589,000
38
$589,000
13d

199 Sunbird Way

Franklin Park, PA 18372

4 bd3 ba2,097 sqft$281/ft²
Mobile homeBuilt 1982435 sqft lot
HOA $499/mo
View photos & details

Looking to buy in Franklin Park?

Get connected with a local real estate expert — free, no obligation.

Active listings

43

Homes on market

Median list price

$613K

Avg. days on market

43

Days until sale

New this week

20

Newly listed

Price drops:9.3%of listings
Sale-to-list:101.4%

How much do homes cost in Franklin Park by property type?

How the Franklin Park, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Franklin Park, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$661,000$250/sq ft1142 days
Condo / co-op$353,000$233/sq ft254 days
Townhouse$380,000$192/sq ft323 days

Who lives in Franklin Park?

American Community Survey estimates for Franklin Park. U.S. Census ACS, 2023

Population

15,273

Households

5,320

Median income

$172,200/yr

Median age

41.1 years

Owner-occupied

92.3%

Median home value

$467,700

Median gross rent

$2,063/mo

Mean commute

26.5 min

92.3% of occupied homes in Franklin Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Franklin Park, PA?

Ordered by distance from Franklin Park, not by size. Compare Franklin Park side by side with any of them.

Which ZIP codes are in Franklin Park?

These are the ZIP codes we see on active Franklin Park listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Franklin Park housing market FAQ

Is Franklin Park a buyer's or seller's market?

Franklin Park, PA is currently a seller's market. That read comes from 2.7 months of supply, homes going under contract in about 43 days, and sellers getting 101.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Franklin Park?

The median sale price in the last month Redfin published was $628,500, about $214 per square foot.

Is Franklin Park cheaper than the rest of Pennsylvania?

Franklin Park's median sale price of $628,500 is 90% higher than the Pennsylvania statewide median of $330,200, and 53% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Franklin Park?

Homes in Franklin Park, PA spent a median of 43 days on market before going under contract, versus 30 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Franklin Park?

At the current 30-year fixed rate of 7.03%, 20% down on a $628,500 home is about $3,355 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $143,798 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $172,200.

Are home prices rising in Franklin Park?

Redfin's last published year-over-year change for Franklin Park, PA was +28.0%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Franklin Park?

Franklin Park ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Franklin Park?

That depends on your timeline, not on a headline. What the data says today: Franklin Park, PA is a seller's market with 2.7 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.