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New Stone HallNew Stone Hall · Photo: Doug Kerr from Upstate New York · CC BY-SA 2.0
Housing in Franklin

13 homes sold in Franklin in the last year, at a typical $391K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Franklin homes are listed.

Homes sold
13
October 2025 to September 2026
Typical sale price
$391K
median, weighted by sales
Price per square foot
$235
New York $398
Paid vs. asking
96.5%
22% sold over asking
For sale now
7
September 2026 · 0 sold that month
What sold · last 12 months

Houses are 100% of Franklin’s sales, at a typical $542K (year to May 2026)

13 homes sold in the year to September 2026.

Houses$542K

typical sale · 16 sold in the year to May 2026

Per square foot
$261NY $316
Days to sell
92
Sold over asking
13%
Listings with a price cut
15%
5 years of sales

Fewer homes sell than before 2021, at 1.9 times the 2017 price

13 sales in the last year, against 29 in 2020 and a low of 19 in 2023. The typical sale went from $211K in 2017 to $391K.

Homes soldTypical sale price
012253750$200K$300K$400K$500K2014: 21 sold, typical $202K’142017: 23 sold, typical $211K2020: 29 sold, typical $273K’202021: 20 sold, typical $297K2023: 19 sold, typical $283K’23Last 12 months: 13 sold, typical $391KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $400K buys in Franklin

Houseat $261 a sq ft, year to May 2026
The same money in New Yorkat $316 a sq ft, year to May 2026

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.

Rent or buy?

Owning the typical Franklin home costs about $2,556 a month

Mortgage
Property tax
Insurance
Rent

Price: Franklin’s typical sale, last 12 months. Property tax at Franklin’s 1.6% (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

Five things worth knowing

1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $391K home, about $6,180 a year.

Taxes vs. neighbors
B+

Schools

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

Schools in Franklin
27 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.

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, NY?

13 homes sold in the year to September 2026 at a typical $391K, $235 a square foot.

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

A buyer’s market: 7 homes were for sale in September 2026 and 0 sold, about 7 months of supply. Buyers paid 96.5% of asking on average.

How much are property taxes in Franklin?

About 1.6% of a home’s value a year. On a $391K home that’s near $6,180.

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; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).