Franklin Town, MA Housing Market
The Franklin Town housing market is most competitive. Homes in Franklin Town receive 7 offers on average and sell in around 14 days. The median sale price of a home in Franklin Town was $745K last month, up 16.9% since last year. The median sale price per square foot in Franklin Town is $320, up 8.1% since last year.
Franklin Town Housing Market Trends
In April 2024, Franklin Town home prices were up 16.9% compared to last year, selling for a median price of $745K. On average, homes in Franklin Town 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 Town 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 16 days.
- Hot homescan sell for about 8% 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 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 16 days.
- Hot homescan sell for about 8% 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 19 days.
- Hot homescan sell for about 5% above list price and go pending in around 10 days.
Franklin Town Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Franklin Town from outside metros.
- New York homebuyers searched to move into Franklin Town more than any other metro followed by Hartford and Washington.
- 83% of Franklin Town homebuyers searched to stay within the Franklin Town metropolitan area.
- Portland was the most popular destination among Franklin Town homebuyers followed by Lebanon and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,455 | ||
2 | 1,575 | ||
3 | 383 | ||
4 | 371 | ||
5 | 279 | ||
6 | 276 | ||
7 | 123 | ||
8 | 34 | ||
9 | 26 | ||
10 | 22 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,341 | ||
2 | 1,554 | ||
3 | 1,475 | ||
4 | 924 | ||
5 | 894 | ||
6 | 865 | ||
7 | 805 | ||
8 | 655 | ||
9 | 395 | ||
10 | 373 |
Home offer insights for Franklin Town
View houses in Franklin Town that sold recently
Recently sold homes
- $465,000 Last Sold Price2 beds2.5 baths1,240 sq ft157 Stone Ridge Rd #157, Franklin, MA 02038List Price$449,000Sale to List4% over listDays on Market51 days157 Stone Ridge Rd #157, Franklin, MA 02038
- $760,000 Last Sold Price3 beds3.5 baths2,946 sq ft168 Brookview Rd #168, Franklin, MA 02038List Price$750,000Sale to List1% over listDays on Market82 days168 Brookview Rd #168, Franklin, MA 02038
- $465,000 Last Sold Price2 beds2.5 baths1,715 sq ft2 Clarendon Cmn #2, Franklin, MA 02038List Price$457,000Sale to List2% over listDays on Market81 days2 Clarendon Cmn #2, Franklin, MA 02038
- $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
- $805,000 Last Sold Price4 beds2.5 baths2,649 sq ft64 West, Franklin, MA 02038List Price$799,000Sale to List1% over listDays on Market28 days64 West, 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
- $475,000 Last Sold Price3 beds1 bath944 sq ft14 Royal Ct, Franklin, MA 02038List Price$489,900Sale to List3% under listDays on Market43 days14 Royal Ct, 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
See all recently sold homes in Franklin Town.
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Schools in Franklin Town
- 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 Town housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Franklin Town.
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 Town
Walk Score®
Bike Score®
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