Is Franklin, OH 45005 a buyer’s or seller’s market?

The Franklin housing market right now

In the three months ending August 31, 2026, 31% of homes in Franklin, OH 45005 sold above their list price, the typical home went under contract in 35 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 132 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold about as fast and the median sale price fell 6% to $273,707. Overall, Franklin is about as competitive as it was a year ago.

Within Warren County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Franklin ranks #220 of 489 OH ZIP codes with enough sales (score 62 out of 100).

Nearby, buyers who want less competition could look at Oregonia 45054 (0% sold over asking) or Morrow 45152 (13% sold over asking), while Waynesville 45068 (34% sold over asking) and Kings Mills 45034 (33% sold over asking) are even more competitive.