The Franklin Square housing market is not very competitive. The median sale price of a home in Franklin Square was $63K last month, up 14.5% since last year. The median sale price per square foot in Franklin Square is $78, up 766.7% since last year.
What is the housing market like in Franklin Square today?
In May 2024, Franklin Square home prices were up 14.5% compared to last year, selling for a median price of $63K. On average, homes in Franklin Square sell after 111 days on the market compared to 70 days last year. There were 15 homes sold in May this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$63,000
+14.5% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Franklin Square, MD
$63,000
+14.5%
United States
To compare other locations to the Franklin Square and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Baltimore add value to a home.
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How hot is the Franklin Square housing market?
Franklin Square is not very competitive. Homes sell in 111 days.
0
100
25
Not Very Competitive
Redfin Compete Score™
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 9 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 111 days.
Hot homes
can sell for around list price and go pending in around 57 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Franklin Square housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Franklin Square.
Risk Factor
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Franklin Square has a moderate risk of flooding. 53 properties in Franklin Square are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Franklin Square. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Franklin Square has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Franklin Square is most at risk from hurricanes. 1,496 properties in Franklin Square have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Franklin Square has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Franklin Square have a Severe Heat Factor®.
Franklin Square is expected to see a 128% increase in the number of days over 103ºF over the next 30 years. Franklin Square is expected to experience 8