Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$369,047+1.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$80,002About 1.1× the local median income ($74,594): a stretch for a typical household
Days on market44 daysAbout the same pace as a year ago
The typical home in Franklin County, MA is worth $369,047, up 1.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $328,527, so the area is 12.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 44 days to sell, listings are up 21% from a year ago, 21% of listings have had a price cut. A household needs about $80,002 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,594. Typical rent is $2,099 a month. In the latest IRS figures, 74 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$369,047
Change in 1 year
+1.6%
Overvalued %
+12.3%
Show 6 more
Fair home value
$328,527
Change in 5 years
+26.2%
Home value to income
4.9×
Monthly mortgage payment (20% down)
$2,000
Income needed to afford it
$80,002
Property tax rate
1.44%
Rent and investing
Typical rent
$2,099
Price-to-rent ratio
14.7×
HUD Fair Market Rent, 2 bedrooms
$1,882
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Gross rental yield
6.83%
Cap rate (estimate)
4.44%
Market activity
Listings vs a year ago
+21.4%
Days on market
44
Listings with a price cut
21.0%
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Homes for sale
136
Pending sales per 100 listings
56
Asking price per sq ft
$234
People and jobs
Median household income
$74,594
Population change (1 year)
−0.3%
Unemployment rate
5.4%
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Population
70,698
Income adjusted for cost of living
$75,653
Net moves in (IRS)
−74
Cost of living (US = 100)
98.6
Schools, risk and environment
School rating (1 to 10)
3.7
FEMA hazard risk score (0 to 100)
60.7
Unhealthy air days a year
3
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Flood risk score
73.5
Wildfire risk score
37.0
Walkability (1 to 20)
7.7
Road, rail and air noise
54 dB
Questions people ask
Is Franklin County, MA overvalued?
Home prices in Franklin County, MA are well above what local incomes have historically supported: fair value is about $328,527, so the area is 12.3% overvalued.
Is Franklin County, MA a buyer's or seller's market?
Franklin County, MA is a balanced market, leaning toward buyers: homes take about 44 days to sell, listings are up 21% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Franklin County, MA?
Home values in Franklin County, MA are up 1.6% over the last year.
How much do you need to earn to buy a home in Franklin County, MA?
A household needs about $80,002 a year to afford the typical home in Franklin County, MA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,594.