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Is Franklin, NY 13775 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Franklin is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$252▲ +96.1% vs. last year

The Franklin housing market right now

In the three months ending August 31, 2026, 0% of homes in Franklin, NY 13775 sold above their list price, the typical home went under contract in 14 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (71 days then) and the median sale price rose 288% to $1,299,438. Overall, Franklin is more competitive than a year ago, so tougher for buyers.

Within Delaware County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, East Meredith 13757 (100% sold over asking) and Denver 12421 (67% sold over asking) are even more competitive.

Run the numbers for 13775

Prefilled for 13775Can I win this house?Multiple-offer likelihood for a listing Prefilled for 13775Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Andes 13731Buyer’s market $214 /sq ftBloomville 13739Buyer’s market $343 /sq ftBovina Center 13740Buyer’s market $342 /sq ftDavenport 13750Seller’s market $87 /sq ft Browse all markets →

Towns like Franklin nearby

Find towns like Franklin in other states →
Maryland, NY12116 · 18 miles away91% similarVery close on income, prices and more Mc Donough, NY13801 · 33 miles away88% similarcheaper homes ($51K less) Livingston Manor, NY12758 · 36 miles away87% similarlarger Callicoon, NY12723 · 40 miles away86% similarpricier homes ($56K more)

Where Franklin is

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Questions about Franklin real estate

Is Franklin a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Franklin, NY 13775 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Franklin?

The typical home went under contract in 14 days in the latest three months.

Do homes in Franklin sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.

What are property taxes in Franklin?

About 1.72% of a home’s value a year in Delaware County, or roughly $6,880 on a $400,000 home.

What is the median home price in Franklin?

The median sale price was $1,299,438 in the three months ending August 31, 2026, about $252 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology