Is Franklin, MA 02038 a buyer’s or seller’s market?

The Franklin housing market right now

In the three months ending August 31, 2026, 68% of homes in Franklin, MA 02038 sold above their list price, the typical home went under contract in 19 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 112 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 58%, homes sold about as fast and the median sale price rose 9% to $749,676. Overall, Franklin is more competitive than a year ago, so tougher for buyers.

Within Norfolk County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Franklin ranks #6 of 362 MA ZIP codes with enough sales (score 94 out of 100).

Nearby, buyers who want less competition could look at Dover 02030 (5% sold over asking) or South Walpole 02071 (20% sold over asking), while East Walpole 02032 (73% sold over asking) and Holbrook 02343 (71% sold over asking) are even more competitive.