Franklin
"Growing MetroWest hub with commuter rail and new development"
Editorial median as of February 3, 2025. 84 closed single-family sales in 2026, through November 3, 2026.
Home Values in Franklin, MA
The median home price in Franklin, MA is $700,000, with homes trading at $330/sqft. Home values in Franklin have appreciated at roughly 4.4% per year, reflecting strong ongoing demand from buyers prioritizing schools and commute access.
Census estimated median home value: $517K (ACS 2022 5-year). Current market prices typically run higher due to post-2022 appreciation.
Financing Considerations
Properties in Franklin typically typically qualify for conforming loans with more flexible underwriting standards.
Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.
The Vibe
Growing MetroWest town with commuter rail, modern developments, and family-friendly atmosphere at accessible prices
What It's Really Like
Franklin is MetroWest's affordable growth story—commuter rail access, new developments, good schools improving, and you're not breaking the bank.
Best For
- ✓Commuter rail families on a budget
- ✓New construction buyers
- ✓Growing families seeking space
- ✓Value-focused MetroWest workers
Avoid If
- ✗You need quick Boston access (45+ min)
- ✗You want established prestige
- ✗You prefer historic character over new builds
Highlights
Insider Tips
- Dean College adds college-town vibe
- Downtown area revitalizing
- Route 495 access excellent for tech workers
Demographics
Source: Census ACS 2023 5-year estimates
Economic Profile
Religious Community
Housing Stock Age
Insurance Cost Calculator
Estimate your annual homeowners insurance premium
Leave blank to use town median (1985)
30-Year Mortgage Impact
Total insurance cost over 30-year mortgage (equivalent to 0.3% of home value)
Age Penalty
This home costs $489 more per year to insure than a newly built home. Over 30 years, that's $14,670 in additional insurance costs.
Ways to Lower Your Premium
- Bundle home + auto insurance with same carrier (10-25% discount)
- Increase deductible from $500 to $2,500 (save 15-30%)
- Install monitored security system (5-20% discount)
- Replace roof with impact-resistant materials (save 5-15%)
- Upgrade plumbing to PEX or copper
* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.
Construction Era Distribution
Resources & Research
School Information
Compare 48 high schools by SAT scores, MCAS proficiency & college enrollment
Market Analysis
Recent sales data, price drivers, and market trends for Franklin
Vote on what live Franklin listings will actually close for — shareable price checkpoints
Break-even math, SALT cap impacts & decision framework for Boston buyers
Ready to Find Your Perfect Property in Franklin?
Compare this town with others, or look through homes that have already sold here.
Property report for an address in Franklin
Enter a street address in Franklin. The free preview shows closed-sales coverage for that town; the full printable report adds comps, a town summary, risk flags, and an AI write-up.