What is the median home value in Franklin Township (Hunterdon County), NJ?

Name: Home values in Franklin Township (Hunterdon County), NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Franklin Township (Hunterdon County), NJ is $513,300 (±$58,704), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Franklin Township (Hunterdon County), the median home value went from $453,100 in 2015–2019 to $513,300 in 2020–2024 (+13.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median home value: $513,300 (±$58,704)
Owner-occupied homes: 1,020 (±87)
Most common range: $300,000 to $499,999

Home values in Franklin Township (Hunterdon County)

Owner-occupied homes by value, 2020–2024
Value	Franklin Township (Hunterdon County)	Hunterdon County	New Jersey	United States
Less than $50,000	0.0% (±4.3 points)	1.3%	2.5%	5.3%
$50,000 to $99,999	0.0% (±4.3 points)	0.4%	1.8%	6.1%
$100,000 to $149,999	0.8% (±1.2 points)	0.5%	2.2%	6.8%
$150,000 to $199,999	0.5% (±0.8 points)	2.3%	4.3%	9.0%
$200,000 to $299,999	1.7% (±1.4 points)	8.7%	12.9%	17.8%
$300,000 to $499,999	45.3% (±9.1 points)	34.5%	34.2%	26.9%
$500,000 to $999,999	44.3% (±9.1 points)	46.5%	34.5%	20.9%
$1,000,000 or more	7.5% (±4.4 points)	5.9%	7.6%	7.1%

The most common range is $300,000 to $499,999, 45.3% 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 Township (Hunterdon County) against Hunterdon County, its state and the nation

Estimate (90% margin of error)
	Franklin Township (Hunterdon County)	Hunterdon County	New Jersey	United States
Median home value	$513,300 (±$58,704)	$517,200 (±$12,844)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	1,020 (±87)	43,302 (±559)	2,239,128 (±10,678)	84,210,142

In Franklin Township (Hunterdon County), the median home value is not measurably different from Hunterdon County ($517,200).

It is also higher than in New Jersey ($454,400).

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

In Hunterdon County, Franklin Township (Hunterdon County) ranks 9 of 26 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 208 of 561.

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

How home values in Franklin Township (Hunterdon County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$453,100 (±$36,003)	$513,300 (±$58,704)	+13.3%	No measurable change after inflation
Median owner cost with a mortgage	$3,075 (±$238)	$3,161 (±$606)	+2.8%	No measurable change 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 Township (Hunterdon County)

Nearest places with a published estimate, compared with Franklin Township (Hunterdon County)
Place	Distance	Median home value	Compared with this place
Franklin Township (Hunterdon County)	—	$513,300 (±$58,704)	—
Raritan Township	2.4 mi	$564,300 (±$21,410)	Not measurably different
Union Township (Hunterdon County)	4.7 mi	$416,600 (±$70,833)	Lower
Clinton Town	4.8 mi	$436,200 (±$23,982)	Lower
Alexandria Township	5.3 mi	$552,000 (±$48,058)	Not measurably different
Clinton Township	5.4 mi	$582,900 (±$20,290)	Higher
Flemington Borough	5.6 mi	$400,600 (±$29,557)	Lower
Annandale	5.8 mi	$504,900 (±$58,195)	Not measurably different
Frenchtown Borough	6.9 mi	$383,600 (±$39,335)	Lower

Nearby places with a measurably lower figure: Union Township (Hunterdon County), NJ ($416,600), Clinton Town, NJ ($436,200), Flemington Borough, NJ ($400,600).

Nearby places with a measurably higher figure: Clinton Township, NJ ($582,900).

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

Median home value across Hunterdon County, place by place

Rank	Place	Median home value
3	West Amwell Township	$596,900 (±$56,402)
4	Clinton Township	$582,900 (±$20,290)
5	Raritan Township	$564,300 (±$21,410)
6	Lambertville	$562,300 (±$51,113)
7	Alexandria Township	$552,000 (±$48,058)
8	Readington Township	$549,100 (±$22,997)
9	Franklin Township (Hunterdon County)	$513,300 (±$58,704)
10	East Amwell Township	$503,900 (±$49,379)
11	Bethlehem Township	$496,600 (±$40,873)
12	Lebanon Township	$491,200 (±$44,537)
13	Kingwood Township	$477,100 (±$37,830)
14	Holland Township	$451,800 (±$34,021)
15	Stockton Borough	$441,700 (±$32,496)

Showing 13 of 26 places in Hunterdon 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.

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Questions about Franklin Township (Hunterdon County)

What is the average home value in Franklin Township (Hunterdon County), NJ?

The Census Bureau publishes the median: $513,300 (±$58,704) for owner-occupied homes in Franklin Township (Hunterdon County) (2020–2024 American Community Survey).

Have home values in Franklin Township (Hunterdon County) gone up?

In Franklin Township (Hunterdon County), the median home value went from $453,100 in 2015–2019 to $513,300 in 2020–2024 (+13.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Franklin Township (Hunterdon County) 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 township, Hunterdon County, New Jersey (county subdivision:24870, in state:34 county:019).

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.