Franklin Town, MA
Full City Profile · Massachusetts · Norfolk County County
4.2
/5.0
A
Great
33,067
Population
1,241/sq mi density
$142,788
Median Income
$63,724 per capita
$567,100
Home Value
$527,360 Zillow
$1,856
Median Rent
29.5% income on rent
50°F
Avg Temperature
259 sunny days/yr
6
Violent Crime/100K
124 property/100K
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.8 / 5.0
$142,788 median income, 3.6% unemployment
A
Affordability
4.4 / 5.0
$567,100 home value, $1,856/mo rent
C
Safety
2.4 / 5.0
6 violent crimes/100K
A+
Education
5.0 / 5.0
56.4% bachelor's degree or higher
Housing Overview
Median Home Value
$567,100
101% above
US avg: $281,900
Median Rent
$1,856/mo
60% above
US avg: $1,163/mo
Homeownership Rate
78.4%
20% above US avg (65.4%)
Total Housing Units
12,580
Median year built: 1985
Home Value by Source
Census Median
$567,100
Zillow (ZHVI)
$527,360
Median Sale Price
$635,500
Median List Price
$649,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.4%
Owner-Occupied
21.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$1,856/mo
Market Indicators (Redfin)
Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
13.8%
of listings with price reduction
Price Per Sq Ft
$338
Active Inventory
29
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
78.4%
Complete Housing Data
Home Values
| Census Median Value | $567,100 |
| Zillow Home Value (ZHVI) | $527,360 |
| Median Sale Price | $635,500 |
| Median List Price | $649,900 |
| Price Per Sq Ft | $338 |
Rent
| Census Median Rent | $1,856 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 35 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 13.8% |
| Homes Sold | 16 |
| Active Inventory | 29 |
| Price Per Sq Ft | $338 |
Ownership & Stock
| Owner-Occupied | 78.4% |
| Renter-Occupied | 21.6% |
| Homeownership Rate | 78.4% |
| Total Housing Units | 12,580 |
| Median Year Built | 1985 |
| Rent Burden | 29.5% |
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