Housing in Franklin Park, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$420,000
Median List Price
$531,950
Price Per Sq Ft
$273
Days on Market
30
Active Inventory
9
Months of Supply
1.0
Seller's market
Zillow Home Value
$408,392
ZHVI — January 2026
Zillow Rent Index
$2,375
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
66.7%
Off Market in 2 Weeks
30.0%
Sale-to-List Ratio
99.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
8
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$273
Median List $/SF
$331
Franklin Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Franklin Park 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
$326,800
Median Rent
$2,074
Total Housing Units
5,338
Vacancy Rate
0.0%
Owner Occupied
56.6%
Renter Occupied
43.4%
Median Property Tax
$5,863
per year
Monthly Cost (w/ Mortgage)
$1,841
Housing Types
The current median sale price in Franklin Park, NJ is $420,000 according to Redfin data. Homes spend a median of 30 days on the market. 66.7% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $273. Zillow's observed rent index is $2,375/month. About 56.6% of housing units are owner-occupied. The median year homes were built is 1992. There are 5,338 total housing units.