2 hours on Rocket
$6,531 Closing Credit¹
#73376529, Cheryl Luccini, Listing Office: Keller Williams Elite
Franklin Housing Market Report April 2025•Norfolk County, Massachusetts
Housing Prices in Franklin, MA
How much do homes in Franklin, MA cost?
Housing Market Conditions
Is Franklin, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Franklin is a Seller's Market
Difference Since April 2024
Since last year, Franklin has remained a Seller's Market.
Insight
Franklin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$665,000$317/SqFt
+$29,500
+4.6%
Based on all homes sold in the last 12 months
Insight
Homes in Franklin have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Franklin was $665,000 in April 2025, up 4.6% from last year, and the median price per square foot was $317.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Bellingham | $482.5K | $540K | +11.9% |
| Norfolk | $729K | $801.3K | +9.9% |
| Franklin Town | $635.5K | $665K | +4.6% |
| Franklin | $635.5K | $665K | +4.6% |
| Medway | $685K | $700K | +2.2% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $265K | $228.7K | -13.7% |
| 22 Bedrooms | $371.2K | $465K | +25.3% |
| 33 Bedrooms | $585K | $607K | +3.8% |
| 44 Bedrooms | $800K | $830K | +3.8% |
| 55+ Bedrooms | $842.5K | $890K | +5.6% |
Summary: Franklin housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -13.7%. The home price for 2 bedroom homes increased by +25.3%. The home price for 3 bedroom homes increased by +3.8%. The home price for 4 bedroom homes increased by +3.8%. The home price for 5 bedroom homes increased by +5.6%.
How does Franklin, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Franklin, MA
Housing supply in Franklin, MA
How many homes are available in Franklin, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 94Last MonthApr 2025 | ||
| 632 months agoMar 2025 | +49.2 % Change MoMMar – Apr |
Summary: The Franklin real estate market had 94 homes for sale in Apr 2025, a 49.2 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthApr 2025 | ||
| 112 months agoMar 2025 | +90.9 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 15 | 20 | +33.3% |
| 33 Bedrooms | 13 | 25 | +92.3% |
| 44 Bedrooms | 25 | 36 | +44.0% |
| 55+ Bedrooms | 10 | 13 | +30.0% |
Summary: Franklin housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +92.3%. The inventory for 4 bedroom homes increased by +44.0%. The inventory for 5 bedroom homes increased by +30.0%.
Asking Price vs. Sold Price
How much do homes in Franklin, MA cost?
Over Asking Price14 Homes
At Asking Price2 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Franklin, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Franklin in April 2025, up by 90.9% month-over-month. Of the 21 sold homes, 24% were sold under asking, 10% were sold at asking, and and 67% were sold over asking.
Days on Market for Franklin, MA
How long does it take to sell a home in Franklin, MA?
Breakdown of Home Sale Times
Under 30 Days19 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Franklin are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 21 homes were sold in Franklin; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 14 DaysThis YearApr 2025 | ||
| 14 Days1 year agoApr 2024 | +1.0 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Franklin had an average listing age of 14 days in Apr 2025, up by 1.0% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Franklin, MA
What homes are available in Franklin, MA?
2 hours on Rocket
$10,000 Closing Credit¹
#73376520, Eileen Mason, Listing Office: RE/MAX Executive Realty
1 day on Rocket
$9,476 Closing Credit¹
#73375721, Stephen Coukos, Listing Office: Berkshire Hathaway HomeServices Page Realty
1 day on Rocket
$10,000 Closing Credit¹
#73375560, Catherine Carrara, Listing Office: Suburban Lifestyle Real Estate
1 day on Rocket
$5,936 Closing Credit¹
#73375505, Steve Leavey, Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
1 day on Rocket
$7,124 Closing Credit¹
#73375139, Aleece Fitzgerald, Listing Office: REX Real Estate
2 days on Rocket
$10,000 Closing Credit¹
#73374607, Suzanne Ranieri, Listing Office: Coldwell Banker Realty - Franklin
2 days on Rocket
$7,422 Closing Credit¹
#73374300, Barbara Rappaport Scardino, Listing Office: Coldwell Banker Realty - Franklin
2 days on Rocket
$8,253 Closing Credit¹
#73374214, Lorraine Kuney, Listing Office: RE/MAX Executive Realty
2 days on Rocket
$5,938 Closing Credit¹
#73374056, Marcie Rappa, Listing Office: Better Living Real Estate, LLC
3 days on Rocket
$10,000 Closing Credit¹
#73373672, Joleen Rose, Listing Office: ERA Key Realty Services-Bay State Group
3 days on Rocket
$7,944 Closing Credit¹
#73373586, Darleen DeLuca, Listing Office: HomeSmart First Class Realty
Popular Cities with Homes for Sale in Massachusetts
- Homes for sale in Boston, MA
- Homes for sale in Brockton, MA
- Homes for sale in Brookline, MA
- Homes for sale in Cambridge, MA
- Homes for sale in Chicopee, MA
- Homes for sale in Fall River, MA
- Homes for sale in Falmouth, MA
- Homes for sale in Fitchburg, MA
- Homes for sale in Framingham, MA
- Homes for sale in Haverhill, MA
- Homes for sale in Hingham, MA
- Homes for sale in Lowell, MA
- Homes for sale in Methuen, MA
- Homes for sale in New Bedford, MA
- Homes for sale in Newton, MA
- Homes for sale in Plymouth, MA
- Homes for sale in Quincy, MA
- Homes for sale in Shrewsbury, MA
- Homes for sale in Springfield, MA
- Homes for sale in Taunton, MA
- Homes for sale in Worcester, MA
MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 05/01/2023 - 05/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 4:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.