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

The median value of owner-occupied homes in Franklin Township (Warren County), NJ is $428,300 (±$35,501), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Franklin Township (Warren County), the median home value went from $328,500 in 2015–2019 to $428,300 in 2020–2024 (+30.4%).

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 .

Median home value
$428,300 (±$35,501)
Owner-occupied homes
939 (±77)
Most common range
$300,000 to $499,999

Home values in Franklin Township (Warren County)

Owner-occupied homes by value, 2020–2024
ValueFranklin Township (Warren County)Warren CountyNew JerseyUnited States
Less than $50,0000.6% (±0.9 points)2.8%2.5%5.3%
$50,000 to $99,9991.2% (±1.6 points)1.7%1.8%6.1%
$100,000 to $149,9990.7% (±1.1 points)4.1%2.2%6.8%
$150,000 to $199,9993.2% (±2.7 points)7.7%4.3%9.0%
$200,000 to $299,99917.5% (±6.9 points)22.2%12.9%17.8%
$300,000 to $499,99941.7% (±7.0 points)43.1%34.2%26.9%
$500,000 to $999,99934.2% (±6.7 points)17.8%34.5%20.9%
$1,000,000 or more0.9% (±1.5 points)0.7%7.6%7.1%

The most common range is $300,000 to $499,999, 41.7% 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 (Warren County) against Warren County, its state and the nation

Estimate (90% margin of error)
Franklin Township (Warren County)Warren CountyNew JerseyUnited States
Median home value$428,300 (±$35,501)$346,500 (±$6,745)$454,400 (±$1,150)$332,700
Owner-occupied homes939 (±77)34,072 (±704)2,239,128 (±10,678)84,210,142

In Franklin Township (Warren County), the median home value is higher than in Warren County ($346,500).

It is not measurably different from New Jersey ($454,400).

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

In Warren County, Franklin Township (Warren County) ranks 3 of 22 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 305 of 561.

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

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$328,500 (±$21,292)$428,300 (±$35,501)+30.4%No measurable change after inflation
Median owner cost with a mortgage$2,492 (±$215)$2,529 (±$240)+1.5%Down 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 (Warren County)

Nearest places with a published estimate, compared with Franklin Township (Warren County)
PlaceDistanceMedian home valueCompared with this place
Franklin Township (Warren County)—$428,300 (±$35,501)—
Brass Castle3.8 mi$410,800 (±$87,370)Not measurably different
Bethlehem Township3.9 mi$496,600 (±$40,873)Higher
Bloomsbury Borough4.0 mi$348,200 (±$28,159)Lower
Greenwich Township (Warren County)4.1 mi$474,900 (±$22,264)Higher
Hampton Borough4.3 mi$336,500 (±$26,627)Lower
Harmony Township4.4 mi$353,900 (±$22,978)Lower
Greenwich4.6 mi$468,400 (±$30,006)Not measurably different
Washington Borough4.8 mi$263,300 (±$30,271)Lower

Nearby places with a measurably lower figure: Bloomsbury Borough, NJ ($348,200), Hampton Borough, NJ ($336,500), Harmony Township, NJ ($353,900).

Nearby places with a measurably higher figure: Bethlehem Township, NJ ($496,600), Greenwich Township (Warren County), NJ ($474,900).

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

Median home value across Warren County, place by place

RankPlaceMedian home value
1Greenwich Township (Warren County)$474,900 (±$22,264)
2Frelinghuysen Township$455,500 (±$32,343)
3Franklin Township (Warren County)$428,300 (±$35,501)
4Hope Township$426,600 (±$28,728)
5Hardwick Township$421,200 (±$23,691)
6Washington Township (Warren County)$413,800 (±$27,581)
7Blairstown Township$406,300 (±$40,072)
8Independence Township$390,100 (±$45,507)
9Allamuchy Township$378,400 (±$28,500)

Showing 9 of 22 places in Warren 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 (Warren County)

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

The Census Bureau publishes the median: $428,300 (±$35,501) for owner-occupied homes in Franklin Township (Warren County) (2020–2024 American Community Survey).

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

In Franklin Township (Warren County), the median home value went from $328,500 in 2015–2019 to $428,300 in 2020–2024 (+30.4%).

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 (Warren 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, Warren County, New Jersey (county subdivision:24960, in state:34 county:041).

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 .

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