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Franklin, OH 45005, USA - panoramioPhoto: F Conrad · CC BY-SA 3.0
Housing in Franklin

133 homes sold in Franklin in the last year, at a typical $212K

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
133
June 2025 to May 2026
Typical sale price
$212K
median, weighted by sales
Price per square foot
$159
Ohio $164
Paid vs. asking
98.6%
38% sold over asking
For sale now
24
May 2026 · 10 sold that month
What sold · last 12 months

Houses are 97% of Franklin’s sales, at a typical $214K

133 homes sold in the year to May 2026.

Houses$214K

typical sale · 129 sold in 12 months

Per square foot
$161OH $165
Days to sell
39
Sold over asking
39%
Listings with a price cut
32%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $174K
Townhouses: 1 sold, typical $270K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

133 sales in the last year, against 190 in 2019 and a low of 125 in 2025. The typical sale went from $111K in 2016 to $212K.

Homes soldTypical sale price
050100150200$75K$150K$225K$300K2012: 134 sold, typical $83K’122013: 145 sold, typical $71K2014: 130 sold, typical $97K’142015: 159 sold, typical $95K2016: 173 sold, typical $111K’162017: 163 sold, typical $108K2018: 168 sold, typical $133K’182019: 190 sold, typical $122K2020: 164 sold, typical $141K’202021: 178 sold, typical $165K2022: 144 sold, typical $168K’222023: 128 sold, typical $201K2024: 127 sold, typical $208K’242025: 125 sold, typical $210KLast 12 months: 133 sold, typical $212KNow

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

What your budget buys

What $200K buys in Franklin

Houseat $161 a sq ft
The same money in Ohioat $165 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 38% 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, 133 sales.

If you’re buying in Franklin

  • Shop in August. It brings about 18 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • You can negotiate. 32% of listings have cut their price, against 25% before the pandemic.
  • Bid near asking. Buyers paid 98.6% of the list price on average; 38% paid over.
  • Move fast on good ones. 55% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 20 a month), but April is the most competitive: 35% of April sales close over asking. August and September offer nearly as much choice with fewer homes bid up (26%). December has the least competition (19%) but only about 8 new listings.

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 10 new listings a month, 26% sold over asking, 55 days to sellJFeb: 12 new listings a month, 20% sold over asking, 59 days to sellFMar: 15 new listings a month, 25% sold over asking, 49 days to sellMApr: 15 new listings a month, 35% sold over asking, 55 days to sellAMay: 18 new listings a month, 29% sold over asking, 46 days to sellMJun: 20 new listings a month, 34% sold over asking, 43 days to sellJJul: 17 new listings a month, 31% sold over asking, 39 days to sellJAug: 18 new listings a month, 26% sold over asking, 44 days to sellASep: 16 new listings a month, 26% sold over asking, 43 days to sellSOct: 13 new listings a month, 24% sold over asking, 46 days to sellONov: 12 new listings a month, 24% sold over asking, 47 days to sellNDec: 8 new listings a month, 19% 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 Ohio

Franklin now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price38%17%43%29%
Gone within two weeksShare of homes under contract within 14 days55%33%48%47%
Listings with a price cutShare of homes for sale that cut their price32%25%25%27%
Price paid vs. askingAverage sale price ÷ list price98.6%96.7%100.2%98.5%
Days to sellMedian days from listing to contract38563843
Supply

23 homes for sale on a typical day

That’s twice the 2023 low (12), 38% fewer than in 2017–19 and well under 2012’s 75.

2012: 75 for sale’122013: 75 for sale2014: 73 for sale2015: 60 for sale’152016: 57 for sale2017: 39 for sale2018: 38 for sale’182019: 34 for sale2020: 22 for sale2021: 23 for sale’212022: 18 for sale2023: 12 for sale2024: 16 for sale’242025: 21 for saleLast 12 months: 23 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 25% in 2017–19 and 27% across Ohio. More sellers are pricing high and coming down.

2015: 15%’152016: 17%2017: 25%2018: 25%’182019: 25%2020: 22%2021: 25%’212022: 31%2023: 43%2024: 35%’242025: 29%Last 12 months: 32%Now
Across Ohio

Franklin ranks 75th of 305 busy Ohio markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Franklin is one of the state’s hottest markets.

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 $1,324 a month

Mortgage
Property tax
Insurance
Rent

Price: Franklin’s typical sale, last 12 months. Property tax at Franklin’s 1.2% (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

20

New listings in June

The month with the most choice. December has the fewest, about 8.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $212K home, about $2,620 a year.

Taxes vs. neighbors
B+

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

Middletown and Miamisburg sell for less a square foot; Five Points for far more

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
Middletown688$214K$15327%47
Springboro335$407K$17727%37
Miamisburg316$271K$14927%40
Franklin133$212K$15938%38
Carlisle85$293K$17616%45
Hunter48$324K$16019%52
Five Points35$749K$2156%35

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, OH?

133 homes sold in the year to May 2026 at a typical $212K, $159 a square foot.

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

A seller’s market: 24 homes were for sale in May 2026 and 10 sold, about 2.4 months of supply. Buyers paid 98.6% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Franklin?

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

How much are property taxes in Franklin?

About 1.2% of a home’s value a year. On a $212K home that’s near $2,620.

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).