What is the median home value in Franklin Town, MA?

The median value of owner-occupied homes in Franklin Town, MA is $611,700 (±$17,310), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Franklin Town, the median home value went from $432,700 in 2015–2019 to $611,700 in 2020–2024 (+41.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$611,700 (±$17,310)
Owner-occupied homes
9,671 (±351)
Most common range
$500,000 to $999,999

Home values in Franklin Town

Owner-occupied homes by value, 2020–2024
ValueFranklin TownNorfolk CountyMassachusettsUnited States
Less than $50,0001.6% (±1.4 points)1.5%1.9%5.3%
$50,000 to $99,9990.9% (±0.6 points)0.9%1.0%6.1%
$100,000 to $149,9990.0% (±0.4 points)0.4%1.1%6.8%
$150,000 to $199,9990.6% (±0.4 points)0.4%2.0%9.0%
$200,000 to $299,9994.0% (±1.7 points)2.9%8.5%17.8%
$300,000 to $499,99924.6% (±3.9 points)20.1%28.7%26.9%
$500,000 to $999,99963.9% (±3.6 points)52.3%43.2%20.9%
$1,000,000 or more4.4% (±1.3 points)21.7%13.7%7.1%

The most common range is $500,000 to $999,999, 63.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Franklin Town against Norfolk County, its state and the nation

Estimate (90% margin of error)
Franklin TownNorfolk CountyMassachusettsUnited States
Median home value$611,700 (±$17,310)$683,900 (±$5,690)$562,100 (±$2,169)$332,700
Owner-occupied homes9,671 (±351)194,812 (±2,140)1,741,158 (±8,598)84,210,142

In Franklin Town, the median home value is lower than in Norfolk County ($683,900).

It is also higher than in Massachusetts ($562,100).

It is higher than the national figure ($332,700).

In Norfolk County, Franklin Town ranks 19 of 28 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 120 of 351.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Franklin Town have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$432,700 (±$9,692)$611,700 (±$17,310)+41.4%Up after inflation
Median owner cost with a mortgage$2,465 (±$65)$2,904 (±$91)+17.8%No measurable change after inflation
Median real estate taxes$5,428 (±$199)$7,044 (±$252)+29.8%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Franklin Town

Nearest places with a published estimate, compared with Franklin Town
PlaceDistanceMedian home valueCompared with this place
Franklin Town—$611,700 (±$17,310)—
Bellingham3.3 mi$450,700 (±$12,976)Lower
Wrentham3.5 mi$654,900 (±$25,734)Higher
Bellingham (community)3.5 mi$431,200 (±$22,919)Lower
Norfolk4.7 mi$725,200 (±$34,405)Higher
Medway5.0 mi$617,300 (±$21,040)Not measurably different
Plainville6.3 mi$476,000 (±$35,369)Lower
Millis-Clicquot6.5 mi$545,600 (±$49,788)Lower
Millis6.6 mi$603,500 (±$30,556)Not measurably different

Nearby places with a measurably lower figure: Bellingham, MA ($450,700), Bellingham (community), MA ($431,200), Plainville, MA ($476,000).

Nearby places with a measurably higher figure: Wrentham, MA ($654,900), Norfolk, MA ($725,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Norfolk County, place by place

RankPlaceMedian home value
13Dedham$661,800 (±$16,359)
14Braintree Town$656,800 (±$14,055)
15Wrentham$654,900 (±$25,734)
16Norwood$651,700 (±$13,445)
17Quincy$618,500 (±$14,107)
18Medway$617,300 (±$21,040)
19Franklin Town$611,700 (±$17,310)
20Foxborough$606,300 (±$28,482)
21Millis$603,500 (±$30,556)
22Weymouth Town$552,100 (±$15,952)
23Stoughton$523,800 (±$28,343)
24Avon$509,600 (±$62,163)
25Randolph Town$496,400 (±$20,914)

Showing 13 of 28 places in Norfolk County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Franklin Town

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Franklin Town beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Franklin Town, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Franklin Town, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Franklin Town

What is the average home value in Franklin Town, MA?

The Census Bureau publishes the median: $611,700 (±$17,310) for owner-occupied homes in Franklin Town (2020–2024 American Community Survey).

Have home values in Franklin Town gone up?

In Franklin Town, the median home value went from $432,700 in 2015–2019 to $611,700 in 2020–2024 (+41.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Franklin Town sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin Town city, Massachusetts (place:25172, in state:25).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related