Housing in Franklin, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — April 2025

Median Sale Price

$65,000

Median List Price

N/A

Price Per Sq Ft

$56

Days on Market

73

Active Inventory

1

Months of Supply

1.0

Seller's market

Price Trends

Source: Redfin
Sale Price ↓ 71.4%May 24 → Apr 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

76.5%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold ↑ 0.0%May 24 → Apr 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$56

Sale $/SF ↓ 31.7%May 24 → Apr 25

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Franklin is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$116,500

Median Rent

N/A

Total Housing Units

62

Vacancy Rate

0.0%

Owner Occupied

91.9%

Renter Occupied

8.1%

Median Property Tax

$1,342

per year

Monthly Cost (w/ Mortgage)

$498

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Franklin, IA is $65,000 according to Redfin data. Homes spend a median of 73 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $56. About 91.9% of housing units are owner-occupied. The median year homes were built is 1957. There are 62 total housing units.