Franklin, IL—62638
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$138,000
2.1% YoY Growth
Household Income
$80,400
14.3% YoY Growth
Days on Market
42
50.0% Shorter YoY
Home Price Forecast
-0.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Franklin, IL
As of Dec '25, the median home price in Franklin, IL is $138,000, with a year-over-year change of 2.1%. This indicates that home prices in Franklin, IL are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | 2.1% |
| Single Family | $138,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |