Franklin, MA Housing Market
The Franklin housing market is most competitive. The median sale price of a home in Franklin was $745K last month, up 16.9% since last year. The median sale price per square foot in Franklin is $324, up 11.5% since last year.
Franklin Housing Market Trends
In April 2024, Franklin home prices were up 16.9% compared to last year, selling for a median price of $745K. On average, homes in Franklin sell after 14 days on the market compared to 18 days last year. There were 23 homes sold in April this year, down from 26 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Franklin housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 15 days.
- Hot homescan sell for about 8% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 19 days.
- Hot homescan sell for about 5% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 22 days.
- Hot homescan sell for about 7% above list price and go pending in around 16 days.
Franklin Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Franklin from outside metros.
- New York homebuyers searched to move into Franklin more than any other metro followed by Hartford and San Francisco.
- 82% of Franklin homebuyers searched to stay within the Franklin metropolitan area.
- Portland was the most popular destination among Franklin homebuyers followed by Miami and Lebanon.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,037 | ||
2 | 1,440 | ||
3 | 381 | ||
4 | 298 | ||
5 | 198 | ||
6 | 140 | ||
7 | 128 | ||
8 | 17 | ||
9 | 12 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 1,620 | ||
3 | 1,584 | ||
4 | 983 | ||
5 | 954 | ||
6 | 888 | ||
7 | 785 | ||
8 | 663 | ||
9 | 360 | ||
10 | 346 |
View houses in Franklin that sold recently
Recently sold homes
- $456,000 Last Sold Price2 beds1 bath984 sq ft35 N Park St, Franklin, MA 02038List Price$425,000Sale to List7% over listDays on Market39 days35 N Park St, Franklin, MA 02038
- $669,900 Last Sold Price3 beds3 baths2,919 sq ft260 Pond St, Franklin, MA 02038List Price$669,900Sale to List0% over listDays on Market50 days260 Pond St, Franklin, MA 02038
- $610,000 Last Sold Price3 beds1 bath1,984 sq ft579 Pond St, Franklin, MA 02038List Price$550,000Sale to List11% over listDays on Market43 days579 Pond St, Franklin, MA 02038
- $400,000 Last Sold Price2 beds1.5 baths1,028 sq ft10 Benjamin Landing Ln #10, Franklin, MA 02038List Price$389,900Sale to List3% over listDays on Market72 days10 Benjamin Landing Ln #10, Franklin, MA 02038
- $274,500 Last Sold Price2 beds1 bath975 sq ft2005 Franklin Crossing Rd #2005, Franklin, MA 02038List Price$274,500Sale to List0% over listDays on Market49 days2005 Franklin Crossing Rd #2005, Franklin, MA 02038
- $220,000 Last Sold Price1 bed1 bath625 sq ft69 Milliken Ave Unit 21A, Franklin, MA 02038List Price$215,000Sale to List2% over listDays on Market37 days69 Milliken Ave Unit 21A, Franklin, MA 02038
- $560,000 Last Sold Price2 beds2.5 baths1,781 sq ft11 Hawthorne Vlg Unit B, Franklin, MA 02038List Price$489,900Sale to List14% over listDays on Market42 days11 Hawthorne Vlg Unit B, Franklin, MA 02038
- $465,000 Last Sold Price2 beds2.5 baths1,380 sq ft70 Stone Ridge Rd #70, Franklin, MA 02038List Price$435,000Sale to List7% over listDays on Market69 days70 Stone Ridge Rd #70, Franklin, MA 02038
See all recently sold homes in Franklin.
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Schools in Franklin
- Elementary
- Middle
- High
GreatSchools Rating
9/10 J F Kennedy Memorial Public • K-5 | 332 Students | 3 reviews |
8/10 Oak Street Elementary School Public • K-5 | 368 Students | 9 reviews |
7/10 Gerald M. Parmenter Elementary School Public • K-5 | 310 Students | 8 reviews |
6/10 Helen Keller Elementary School Public • K-5 | 327 Students | 5 reviews |
6/10 Jefferson Elementary School Public • K-5 | 328 Students | 6 reviews |
Climate's impact on Franklin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Franklin.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in Franklin
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