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Housing in Franklin

36 homes sold in Franklin in the last year, at a typical $357K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Franklin homes are listed.

Homes sold
36
June 2025 to May 2026
Typical sale price
$357K
median, weighted by sales
Price per square foot
$268
California $504
Paid vs. asking
99.5%
47% sold over asking
For sale now
8
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Franklin’s sales, at a typical $357K

36 homes sold in the year to May 2026.

Houses$357K

typical sale · 36 sold in 12 months

Per square foot
$268CA $494
Days to sell
50
Sold over asking
47%
Listings with a price cut
25%
14 years of sales

Fewer homes sell than a decade ago, at 1.9 times the 2016 price

36 sales in the last year, against 73 in 2017 and a low of 38 in 2025. The typical sale went from $190K in 2016 to $357K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 69 sold, typical $106K’122013: 71 sold, typical $120K2014: 62 sold, typical $137K’142015: 44 sold, typical $167K2016: 72 sold, typical $190K’162017: 73 sold, typical $207K2018: 64 sold, typical $236K’182019: 53 sold, typical $224K2020: 49 sold, typical $253K’202021: 49 sold, typical $305K2022: 50 sold, typical $346K’222023: 43 sold, typical $341K2024: 44 sold, typical $350K’242025: 38 sold, typical $346KLast 12 months: 36 sold, typical $357KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Franklin

Houseat $268 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Franklin homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Franklin are more common than before the pandemic, but 20% fewer homes come up for sale

We read every month of Franklin’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 36 sales.

If you’re buying in Franklin

  • Shop in June. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • You can negotiate. 25% of listings have cut their price, against 20% before the pandemic.
  • Bid near asking. Buyers paid 99.5% of the list price on average; 47% paid over.
  • You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 50 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

August has the most new listings (about 8 a month), but October is the most competitive: 47% of October sales close over asking. June offers nearly as much choice with fewer homes bid up (31%). February has the least competition (25%).

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 5 new listings a month, 44% sold over asking, 36 days to sellJFeb: 5 new listings a month, 25% sold over asking, 47 days to sellFMar: 6 new listings a month, 46% sold over asking, 36 days to sellMApr: 5 new listings a month, 36% sold over asking, 45 days to sellAMay: 4 new listings a month, 42% sold over asking, 51 days to sellMJun: 6 new listings a month, 31% sold over asking, 36 days to sellJJul: 6 new listings a month, 45% sold over asking, 15 days to sellJAug: 8 new listings a month, 45% sold over asking, 37 days to sellASep: 5 new listings a month, 35% sold over asking, 25 days to sellSOct: 5 new listings a month, 47% sold over asking, 35 days to sellONov: 5 new listings a month, 33% sold over asking, 39 days to sellNDec: 3 new listings a month, 35% sold over asking, 58 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than California

Franklin now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price47%34%55%36%
Gone within two weeksShare of homes under contract within 14 days28%28%79%31%
Listings with a price cutShare of homes for sale that cut their price25%20%32%24%
Price paid vs. askingAverage sale price ÷ list price99.5%99.6%100.8%99.7%
Days to sellMedian days from listing to contract50481044
Supply

11 homes for sale on a typical day

That’s twice the 2021 low (5), 20% fewer than in 2017–19 and well under 2018’s 17.

2012: 13 for sale’122013: 9 for sale2014: 9 for sale2015: 8 for sale’152016: 14 for sale2017: 13 for sale2018: 17 for sale’182019: 12 for sale2020: 6 for sale2021: 5 for sale’212022: 11 for sale2023: 9 for sale2024: 7 for sale’242025: 10 for saleLast 12 months: 11 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against 20% in 2017–19 and 24% across California.

2015: 21%’152016: 12%2017: 17%2018: 22%’182019: 19%2020: 21%2021: 32%’212022: 41%2023: 31%2024: 21%’242025: 23%Last 12 months: 25%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Franklin home costs about $2,068 a month

Mortgage
Property tax
Insurance
Rent

Price: Franklin’s typical sale, last 12 months. Property tax at Franklin’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Franklin is affordable on local pay is on Cost of living.

Before you buy in Franklin

Six things worth knowing

8

New listings in August

The month with the most choice. December has the fewest, about 3.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $357K home, about $2,470 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Franklin, from test results, graduation and how much students grow.

Schools in Franklin
23 min

Typical commute

The average one-way trip to work for people who live in Franklin.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Merced and Atwater sell for less a square foot

The busier markets within 25 miles of Franklin, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Merced860$406K$24829%47
Atwater193$425K$25933%31
Winton47$364K$26538%35
McSwain39$831K$32131%113
Franklin36$357K$26847%50
Livingston36$424K$26531%42
Delhi25$418K$30032%44

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Franklin, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Franklin. People who follow the town see it, and so do people comparing Franklin with their own town. No commission, no listing fee.

Questions about buying a home in Franklin

What do homes sell for in Franklin, CA?

36 homes sold in the year to May 2026 at a typical $357K, $268 a square foot.

Is Franklin a buyer’s or seller’s market?

A seller’s market: 8 homes were for sale in May 2026 and 3 sold, about 2.7 months of supply. Buyers paid 99.5% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Franklin?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Franklin?

About 0.7% of a home’s value a year. On a $357K home that’s near $2,470.

Where can I see homes for sale in Franklin?

Zillow, Redfin, Realtor.com and Homes.com all carry Franklin’s MLS listings; the search links above open each one filtered to Franklin.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).