Observer
Town report

Franklin

Franklin has 83 homes for sale. 31% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 6 days, and 71% sold at or above their first asking price.

31%
of homes for sale have cut their price
34
days on the market, typical listing now
65%
of homes sold in the past 12 months went at or above the first asking price

Sellers in Franklin are holding firm on price.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Franklin ranks 211 of 230, where 1 has the most cuts.

Franklin31%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

100.0%
Oct 2025Oct 2026

Condos

99.6%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 2025101.5% (20 sales)100.0% (10 sales)
November 2025100.0% (18 sales)99.2% (6 sales)
December 2025100.0% (16 sales)100.0% (14 sales)
January 202698.5% (9 sales)– (4 sales)
February 202699.2% (10 sales)98.4% (6 sales)
March 2026100.0% (9 sales)100.3% (6 sales)
April 2026103.2% (20 sales)99.1% (7 sales)
May 2026103.9% (18 sales)– (4 sales)
June 2026105.7% (23 sales)100.0% (9 sales)
July 2026105.4% (28 sales)100.0% (11 sales)
August 2026102.8% (26 sales)100.0% (10 sales)
September 202697.2% (13 sales)97.8% (9 sales)
October 2026100.0% (18 sales)99.6% (7 sales)

Franklin has 47% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 12 weeks to go under agreement.

Homes for sale

10050
78
Aug 3Oct 26

Offers accepted

105
5
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 35377
Aug 105839
Aug 175596
Aug 245555
Aug 315558
Sep 768418
Sep 1468811
Sep 216699
Sep 2867310
Oct 571816
Oct 1277713
Oct 1981512
Oct 267857

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$770K209 sales · 6 days to offer · 71% at or above first ask
  • Condos$485K94 sales · 7 days to offer · 53% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family209$770,000663%71%
Condos94$485,000751%53%

A typical two-bedroom in Franklin leases for $2,350 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$1,700Middle half $1,600–$1,800 · 23 leases
  • 2 beds$2,350Middle half $1,950–$2,650 · 39 leases
  • 3 beds$3,100Middle half $2,700–$3,600 · 10 leases
76 leases; 78% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed23$1,700$1,600–$1,80039
2 beds39$2,350$1,950–$2,65048
3 beds10$3,100$2,700–$3,60029

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.