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Is Franklin, NE 68939 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 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market168Listing to accepted offer
Median price per sq ft$110▲ +32.1% vs. last year

The Franklin housing market right now

In the three months ending August 31, 2026, 0% of homes in Franklin, NE 68939 sold above their list price, the typical home went under contract in 168 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (37 days then) and the median sale price fell 47% to $144,937. Overall, Franklin is less competitive than a year ago, which gives buyers more room.

Run the numbers for 68939

Prefilled for 68939Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68939Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Campbell 68932 $87 /sq ftHildreth 68947 $73 /sq ftWilcox 68982 $72 /sq ft Browse all markets →

Towns like Franklin nearby

Find towns like Franklin in other states →
Smith Center, KS66967 · 23 miles away78% similarlarger · younger residents Red Cloud, NE68970 · 23 miles away78% similarVery close on income, prices and more Phillipsburg, KS67661 · 31 miles away75% similarlarger · younger residents Blue Hill, NE68930 · 31 miles away57% similarpricier homes ($94K more) · younger residents

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 6.4 months of supply in Franklin, NE 68939 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 168 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 98.0% of the list price.

What are property taxes in Franklin?

About 1.28% of a home’s value a year in Franklin County, or roughly $5,120 on a $400,000 home.

What is the median home price in Franklin?

The median sale price was $144,937 in the three months ending August 31, 2026, about $110 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