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FRANKLIN, MA 02038

Real Estate Market Report  ·  Norfolk County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
18
vs 18 last year
Pending
1
6% pending ratio
Median Price
$835,000
⇧ 35.8% vs $614,675 last year
Average Price
$914,461
⇧ 44.6% vs $632,319 last year
Days on Market
55
⇧ 7.8% vs 51 days last year

Market Context

Population: 32,777  ·  Density: 475.1/mi²  ·  Median household income: $138,062

Typical home value: $516,498  ·  Homeownership: 79.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FRANKLIN, MA real estate market (02038) currently shows 18 active listings, with 1 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 55 days on market compared to 51 days last year.

The median listing price has risen 35.8% year-over-year, from $614,675 to $835,000.

Whether you are buying or selling in FRANKLIN, MA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 55 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $835,000 (+35.8% YoY)
  • Average: $914,461 (+44.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.8 miles — 218 listings ($145,178,465 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
02038Franklin, MA 020380.0 mi18$16,460,298$835,000$914,461
02093Wrentham, MA 020933.8 mi15$16,592,505$1,012,450$1,106,167
02053Medway, MA 020534.7 mi16$12,165,488$647,400$760,343
02762Plainville, MA 027626.3 mi5$3,910,000$734,999$782,000
01504Blackstone, MA 015046.9 mi7$3,182,816$419,450$454,688
02071South Walpole, MA 020717.3 mi1$1,099,900$1,099,900$1,099,900
02895Woonsocket, RI 028957.4 mi57$22,947,573$394,828$402,589
02864Cumberland, RI 028648.0 mi69$44,721,936$542,500$648,144
02035Foxboro, MA 020358.6 mi7$6,751,381$749,000$964,483
02081Walpole, MA 020818.8 mi16$14,371,968$799,000$898,248
02838Manville, RI 028389.0 mi2$724,900$349,450$362,450
02802Albion, RI 028029.5 mi3$1,199,700$399,900$399,900
02824Forestdale, RI 028249.8 mi2$1,050,000$525,000$525,000

Frequently Asked Questions

How many homes are for sale in FRANKLIN, MA 02038?

As of January 2026, there are 18 active listings in FRANKLIN, MA (zip code 02038), compared to 18 the prior year.

What is the median home price in FRANKLIN, MA 02038?

The median listing price in FRANKLIN, MA 02038 is $835,000 as of January 2026, a 35.8% increase from $614,675 the prior year.

How long do homes stay on the market in FRANKLIN, MA?

Homes in FRANKLIN, MA 02038 spend an average of 55 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in FRANKLIN, MA 02038?

Based on current inventory and days-on-market data as of January 2026, FRANKLIN, MA 02038 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 55 days on market compared to 51 days last year.

How much can I save on real estate commission in FRANKLIN, MA?

With SELL123.com's maximum 3% commission, sellers in FRANKLIN, MA 02038 save an estimated $16,700 compared to a typical 5% commission on the median listing price of $835,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.