What is the median home value in Franklin Square, NY?

Name: Home values in Franklin Square, NY, 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 Square, NY is $657,000 (±$10,989), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Franklin Square, the median home value went from $476,100 in 2015–2019 to $657,000 in 2020–2024 (+38.0%).

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 November 12, 2026.

Median home value: $657,000 (±$10,989)
Owner-occupied homes: 8,109 (±528)
Most common range: $500,000 to $999,999

Home values in Franklin Square

Owner-occupied homes by value, 2020–2024
Value	Franklin Square	Nassau County	New York	United States
Less than $50,000	1.5% (±1.1 points)	1.1%	3.9%	5.3%
$50,000 to $99,999	2.6% (±1.3 points)	1.1%	5.6%	6.1%
$100,000 to $149,999	0.2% (±0.2 points)	0.5%	6.7%	6.8%
$150,000 to $199,999	0.3% (±0.3 points)	0.8%	8.3%	9.0%
$200,000 to $299,999	0.4% (±0.4 points)	2.4%	13.2%	17.8%
$300,000 to $499,999	10.4% (±2.6 points)	14.1%	19.7%	26.9%
$500,000 to $999,999	78.9% (±3.7 points)	63.4%	30.1%	20.9%
$1,000,000 or more	5.8% (±2.1 points)	16.6%	12.6%	7.1%

The most common range is $500,000 to $999,999, 78.9% 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 Square against Nassau County, its state and the nation

Estimate (90% margin of error)
	Franklin Square	Nassau County	New York	United States
Median home value	$657,000 (±$10,989)	$684,700 (±$2,833)	$423,800 (±$1,627)	$332,700
Owner-occupied homes	8,109 (±528)	375,466 (±2,322)	4,196,985 (±19,607)	84,210,142

In Franklin Square, the median home value is lower than in Nassau County ($684,700).

It is also higher than in New York ($423,800).

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

In Nassau County, Franklin Square ranks 38 of 62 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 95 of 403.

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

How home values in Franklin Square 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	$476,100 (±$9,116)	$657,000 (±$10,989)	+38.0%	Up after inflation
Median owner cost with a mortgage	$3,127 (±$85)	$3,674 (±$140)	+17.5%	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 Square

Nearest places with a published estimate, compared with Franklin Square
Place	Distance	Median home value	Compared with this place
Franklin Square	—	$657,000 (±$10,989)	—
Garden City South	1.2 mi	$740,400 (±$53,752)	Higher
Village of Stewart Manor	1.4 mi	$799,700 (±$35,251)	Higher
West Hempstead	1.4 mi	$653,600 (±$16,344)	Not measurably different
Elmont	1.5 mi	$602,900 (±$12,111)	Lower
Village of South Floral Park	1.5 mi	$603,400 (±$48,932)	Lower
Village of Malverne	1.8 mi	$651,100 (±$19,043)	Not measurably different
North Valley Stream	1.9 mi	$613,800 (±$16,896)	Lower
Village of Floral Park	2.0 mi	$789,600 (±$23,237)	Higher

Nearby places with a measurably lower figure: Elmont, NY ($602,900), Village of South Floral Park, NY ($603,400), North Valley Stream, NY ($613,800).

Nearby places with a measurably higher figure: Garden City South, NY ($740,400), Village of Stewart Manor, NY ($799,700), Village of Floral Park, NY ($789,600).

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

Median home value across Nassau County, place by place

Rank	Place	Median home value
32	Bellmore	$681,800 (±$25,847)
33	Inwood	$680,300 (±$82,183)
34	North Merrick	$675,800 (±$15,129)
35	Salisbury (community)	$664,300 (±$18,331)
36	North Bellmore	$659,200 (±$16,391)
37	Seaford	$658,300 (±$16,196)
38	Franklin Square	$657,000 (±$10,989)
39	South Valley Stream	$656,800 (±$20,689)
40	Hewlett	$654,500 (±$60,460)
41	West Hempstead	$653,600 (±$16,344)
42	North Massapequa	$634,900 (±$12,788)
43	Oceanside	$634,300 (±$10,815)
44	Hicksville	$634,100 (±$10,014)

Showing 13 of 62 places in Nassau County, ranked from highest to lowest.

Franklin Square is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside the Town of Hempstead, whose figures include it.

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 Square

What is the average home value in Franklin Square, NY?

The Census Bureau publishes the median: $657,000 (±$10,989) for owner-occupied homes in Franklin Square (2020–2024 American Community Survey).

Have home values in Franklin Square gone up?

In Franklin Square, the median home value went from $476,100 in 2015–2019 to $657,000 in 2020–2024 (+38.0%).

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 Square 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 Square CDP, New York (place:27309, in state:36).

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.