Franklin, NJ Housing Market

The Franklin housing market is very competitive. The median sale price of a home in Franklin was $190K last month, down 65.2% since last year. The median sale price per square foot in Franklin is $308, up 52.5% since last year.

Trends
Demand
Schools
Climate

Franklin Housing Market Trends

What is the housing market like in Franklin today?

$190K

Sale Price

-65.2%
since last year

$308

Sale $/Sq. Ft.

+52.5%
since last year

Over List Price

6.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Franklin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Silver Lake add value to a home.

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How hot is the Franklin housing market?

Franklin is very competitive. Homes sell in 35 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 35 days.
Hot homes
can sell for about 11% above list price and go pending in around 17 days.

Compare With Nearby Neighborhoods

Orange

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 70 days.
Hot homes
can sell for about 8% above list price and go pending in around 22 days.

Ward 1

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% above list price and go pending in around 46 days.
Hot homes
can sell for about 10% above list price and go pending in around 20 days.

See more nearby cities and neighborhoods

View houses in Franklin that sold recently

Recently sold homes

SOLD OCT 7, 2024
$182,500 Last Sold Price
1 bed
1 bath
—sq ft
159 Franklin St #10, Bloomfield, NJ 07003
EXP Realty, LLC EXP Realty, LLC
List Price
$180,000
Sale to List
1% over list
Days on Market
115 days
159 Franklin St #10, Bloomfield, NJ 07003
SOLD OCT 2, 2024
$675,000 Last Sold Price
0 beds
—baths
2,378 sq ft
20 Weaver Ave, Bloomfield, NJ 07003
List Price
$599,900
Sale to List
13% over list
Days on Market
97 days
20 Weaver Ave, Bloomfield, NJ 07003
SOLD SEP 26, 2024
$750,000
—beds
—baths
2,584 sq ft
109 Harrison St, Bloomfield, NJ 07003
List Price
—
Sale to List
—
Days on Market
—
109 Harrison St, Bloomfield, NJ 07003
SOLD SEP 23, 2024
$870,000 Last Sold Price
6 beds
4 baths
—sq ft
16 Newark Ave, Bloomfield, NJ 07003
LaTorraca Realty Inc. Keller Williams Village Square Realty
List Price
$799,997
Sale to List
9% over list
Days on Market
103 days
16 Newark Ave, Bloomfield, NJ 07003
SOLD SEP 23, 2024
$475,000
—beds
—baths
1,724 sq ft
138 Newark Ave, Bloomfield, NJ 07003
List Price
—
Sale to List
—
Days on Market
—
138 Newark Ave, Bloomfield, NJ 07003
SOLD SEP 20, 2024
$475,000 Last Sold Price
4 beds
1 bath
—sq ft
138 Newark Ave, Bloomfield Twp., NJ 07003-4908
List Price
$375,000
Sale to List
27% over list
Days on Market
121 days
138 Newark Ave, Bloomfield Twp., NJ 07003-4908
SOLD SEP 10, 2024
$600,000 Last Sold Price
4 beds
1.5 baths
—sq ft
130 Parkway W, Bloomfield, NJ 07003
Berkshire Hathaway Home Services Jordan Baris Realty - Livingston Berkshire Hathaway Home Services Fox & Roach Realtors - Summit
List Price
$555,000
Sale to List
8% over list
Days on Market
80 days
130 Parkway W, Bloomfield, NJ 07003
SOLD AUG 16, 2024
$500,000 Last Sold Price
2 beds
2 baths
—sq ft
25 Baldwin Pl, Bloomfield, NJ 07003
Lifestyle International Realty Provident Legacy Real Estate Services
List Price
$489,000
Sale to List
2% over list
Days on Market
74 days
25 Baldwin Pl, Bloomfield, NJ 07003
See all recently sold homes in Franklin.
See listings

Schools in Franklin

Learn about schools in the Franklin area

Elementary
Middle
High

GreatSchools Rating

5/10

Berkeley Elementary School

Public • K-6

444

Students

24 reviews

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 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Franklin.

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Major

99% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

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