Housing in Franklin Center, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$475,000
Median List Price
$624,900
Price Per Sq Ft
$259
Days on Market
39
Active Inventory
12
Months of Supply
1.7
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.6%
Off Market in 2 Weeks
40.0%
Sale-to-List Ratio
99.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
5
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$259
Median List $/SF
$276
Franklin Center vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Franklin Center is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$565,200
Median Rent
$2,588
Total Housing Units
2,592
Vacancy Rate
1.5%
Owner Occupied
69.4%
Renter Occupied
30.6%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$1,842
Housing Types
The current median sale price in Franklin Center, NJ is $475,000 according to Redfin data. Homes spend a median of 39 days on the market. 28.6% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $259. The median rent is $2,588 per month (Census ACS). About 69.4% of housing units are owner-occupied. The median year homes were built is 2006. There are 2,592 total housing units.