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Featured local agent — Franklin, TX
Sarah Mitchell
Compass Real Estate · Franklin, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Franklin, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$325,000median sale price
How is the Franklin, TX housing market right now?
The median home sale price in Franklin, TX is $325,000, down 2.2% year-over-year. Homes sell in an average of 311 days with 11 active listings. The market is currently a buyer's 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, TX is currently a buyer's market, based on 11.0 months of supply and homes selling in about 311 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
311
Average pace
Active listings
11
11.0 months supply
Sale-to-list
—
Below asking
What does the Franklin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Median list price | $312,400 |
| Year-over-year price change | -2.2% |
| Average days on market | 311 days |
| Active inventory | 11 listings |
| Months of supply | 11.0 months |
| Median price per sq ft | $135/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Franklin by property type?
How the Franklin, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $325,000 | $135/sq ft | 1 | 311 days |
| Townhouse | $109,400 | $152/sq ft | 1 | 13 days |
Source: Redfin · Updated monthly
The Franklin housing market is currently classified as a buyer's market with a median sale price of $325,000. Prices have fallen 2.2% compared to last year, with homes spending an average of 311 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.1x provides context for how home values compare to local earning capacity.
Homes for sale in Franklin
There are currently 11 homes listed for sale in Franklin, Texas. The median listing price is $312K.
Active listings
11
Homes on market
Median list price
$312K
Avg. days on market
311
Days until sale
New this week
2
Newly listed
Who lives in Franklin?
Population
1,498
Median income
$54,688/yr
Median age
36.6 years
Owner-occupied
49.0%
College grads
20.1%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Franklin?
Zillow home value
$389,246
Price-to-income
7.1x
Source: Zillow Research
What is it like to live in Franklin?
Franklin is a community of approximately 1K residents with a median age of 36.6 years.The median household income is $54,688, which represents a working-class community with solid middle-income opportunities. 20.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.0%, showing a blend of owner and renter-occupied properties. The average commute time is 22.5 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?
3 schools tracked · 1,387 students
The largest public schools serving Franklin, TX 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.
ROLAND REYNOLDS EL
Grades PK-4 · 552 students
FRANKLIN H S
Grades 9-12 · 428 students
FRANKLIN MIDDLE
Grades 5-8 · 407 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, TX?
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 $325,000, down 2.2% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 311 days on market before going under contract.
What is the median income in Franklin?
The median household income is $54,688 per year.
Is Franklin a buyer's or seller's market?
With 11.0 months of supply, Franklin is currently a buyer's market.
What is the Zillow home value estimate for Franklin?
The Zillow Home Value Index (ZHVI) for Franklin is $389,246, 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, TX is $325,000 (about $135 per square foot).
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