Housing in Franklin, TX

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$320,000

Median List Price

$260,000

Price Per Sq Ft

$196

Days on Market

187

Active Inventory

12

Months of Supply

12.0

Buyer's market

Zillow Home Value

$359,707

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 113.3%List Price 23.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

92.8%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Homes Sold 66.7%New Listings 40.0%Pending 200.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$196

Median List $/SF

$180

Sale $/SF 51.9%List $/SF 0.0%Mar 24Jan 26

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 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

$171,000

Median Rent

$795

Total Housing Units

750

Vacancy Rate

26.3%

Owner Occupied

49.0%

Renter Occupied

51.0%

Median Property Tax

$1,947

per year

Monthly Cost (w/ Mortgage)

$584

Housing Types

Single Family
52.8%
Multi-Family
27.6%
Mobile Home
19.6%

The current median sale price in Franklin, TX is $320,000 according to Redfin data. Homes spend a median of 187 days on the market. 0.0% of homes sold above asking price. The market has 12.0 months of supply. The median price per square foot is $196. The median rent is $795 per month (Census ACS). About 49.0% of housing units are owner-occupied. The median year homes were built is 1978. There are 750 total housing units.