Housing in Franklin, OH

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$178,187

Median List Price

$240,000

Price Per Sq Ft

$154

Days on Market

58

Active Inventory

23

Months of Supply

2.3

Seller's market

Zillow Home Value

$256,247

ZHVI — January 2026

Zillow Rent Index

$1,094

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.4%List Price 29.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

97.8%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
30.4%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

11

Pending Sales

15

Homes Sold 28.6%New Listings 37.5%Pending 11.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$154

Median List $/SF

$137

Sale $/SF 0.0%List $/SF 8.7%Mar 24Jan 26

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Franklin 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

$170,800

Median Rent

$976

Total Housing Units

5,109

Vacancy Rate

6.6%

Owner Occupied

60.3%

Renter Occupied

39.7%

Median Property Tax

$2,244

per year

Monthly Cost (w/ Mortgage)

$1,141

Housing Types

Single Family
80.6%
Multi-Family
19.4%
Mobile Home
0.0%

The current median sale price in Franklin, OH is $178,187 according to Redfin data. Homes spend a median of 58 days on the market. 20.0% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $154. Zillow's observed rent index is $1,094/month. About 60.3% of housing units are owner-occupied. The median year homes were built is 1966. There are 5,109 total housing units.