All Home Types
Franklin, MA Housing Market
What is the housing market like in Franklin today?
In October 2024, Franklin home prices were up 4.1% compared to last year, selling for a median price of $612K. On average, homes in Franklin sell after 19 days on the market compared to 22 days last year. There were 26 homes sold in October this year, up from 22 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$611,500
+4.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Franklin, MA
$611,500
+4.1%
United States
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Franklin Migration & Relocation Trends
In Aug '24 - Oct '24, 19% of Franklin homebuyers searched to move out of Franklin, while 81% looked to stay within the metropolitan area.
- Across the nation, 3% 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 Philadelphia.
Where are people moving to Franklin from?
- 81% of Franklin homebuyers searched to stay within the Franklin metropolitan area.
- Portland was the most popular destination among Franklin homebuyers followed by Lebanon and Miami.
Where are people from Franklin moving to?
Number of People Moving to Franklin
least
most
People are moving to Franklin from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,110 | ||
| 2 | 2,067 | ||
| 3 | 1,231 | ||
| 4 | 627 | ||
| 5 | 565 | ||
| 6 | 411 | ||
| 7 | 359 | ||
| 8 | 355 | ||
| 9 | 135 | ||
| 10 | 90 | ||
People are leaving Franklin for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 4,879 | ||
| 2 | 2,004 | ||
| 3 | 1,158 | ||
| 4 | 732 | ||
| 5 | 676 | ||
| 6 | 656 | ||
| 7 | 583 | ||
| 8 | 529 | ||
| 9 | 497 | ||
| 10 | 462 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Franklin.
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