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 4% above list price and go pending in around 16 days.
- Hot homescan sell for about 7% above list price and go pending in around 8 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 20 days.
- Hot homescan sell for about 4% above list price and go pending in around 12 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 1% above list price and go pending in around 22 days.
- Hot homescan sell for about 5% above list price and go pending in around 14 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
- $615,000 Last Sold Price3 beds2 baths1,749 sq ft282 Main St, Franklin, MA 02038List Price$599,900Sale to List3% over listDays on Market61 days282 Main St, Franklin, MA 02038
- $1,200,000 Last Sold Price4 beds2.5 baths4,650 sq ft9 Dover Cir, Franklin, MA 02038List Price$1,100,000Sale to List9% over listDays on Market65 days9 Dover Cir, Franklin, MA 02038
- $660,000 Last Sold Price2 beds2.5 baths3,286 sq ft722 Eagles Nest Way #722, Franklin, MA 02038List Price$650,000Sale to List2% over listDays on Market77 days722 Eagles Nest Way #722, Franklin, MA 02038
- $1,101,000 Last Sold Price5 beds2.5 baths3,432 sq ft2 Steeplechase Ln, Franklin, MA 02038List Price$945,900Sale to List16% over listDays on Market34 days2 Steeplechase Ln, Franklin, MA 02038
- $520,000 Last Sold Price3 beds1 bath1,320 sq ft192 School St, Franklin, MA 02038List Price$499,900Sale to List4% over listDays on Market39 days192 School St, Franklin, MA 02038
- $700,000 Last Sold Price4 beds2 baths1,519 sq ft510 Maple St, Franklin, MA 02038List Price$650,000Sale to List8% over listDays on Market65 days510 Maple St, Franklin, MA 02038
- $500,000 Last Sold Price5 beds2.5 baths2,240 sq ft219 Union St, Franklin, MA 02038List Price$499,900Sale to List0% over listDays on Market110 days219 Union St, Franklin, MA 02038
- $485,000 Last Sold Price2 beds1 bath1,260 sq ft4 Linda Ln, Franklin, MA 02038List Price$489,900Sale to List1% under listDays on Market23 days4 Linda Ln, 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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