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Advertise here →Franklin Town, MA · Market Data
Franklin Town, Massachusetts real estate market data.
Real estate market data for Franklin Town, MA (Norfolk County) — Census median home value $567,100, county listing prices down about 4.9% over the past year.
Franklin Town, MA is in Norfolk County, Massachusetts — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 33,067, with a median household income of $142,788. Census data puts Franklin Town's median home value at $567,100 (all owner-occupied homes); Norfolk County's current median listing price runs $874,500, down about 4.9% over the past year.
At a glance
Franklin Town market snapshot
Population
33,067
Median Household Income
$142,788
Median Home Value (city)
$567,100
Median Listing Price (Norfolk County)
$874,500
Median Gross Rent
$1,856/mo
Price Trend (YoY)
-4.9%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Franklin Town different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Franklin Town's median home value — across all owner-occupied homes, not just recent sales — at $567,100. Separately, Norfolk County's current median listing price (via Realtor.com data, 2026-06-01) runs $874,500. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Norfolk County's FHFA house price index shows a 2.98% annual change in 2025.
Population & Income
Franklin Town has an estimated population of 33,067 and a median household income of $142,788, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Franklin Town's Census-reported median home value works out to about 4.0x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Franklin Town FAQ
What are home values like in Franklin Town, MA?
The Census Bureau's American Community Survey puts Franklin Town's median home value at $567,100. Norfolk County's current median listing price runs $874,500, down about 4.9% over the past year.
What is the population of Franklin Town, MA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Franklin Town's population at approximately 33,067.
What's the median rent in Franklin Town, MA?
The Census ACS estimates median gross rent in Franklin Town at approximately $1,856 per month.
What is the median household income in Franklin Town, MA?
Census ACS data puts the median household income in Franklin Town at approximately $142,788.
Is the Franklin Town housing market growing?
Norfolk County's FHFA house price index shows a 2.98% annual change in 2025.
Is Franklin Town, MA affordable relative to income?
Census ACS data puts Franklin Town's median home value at about 4.0 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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