Franklin, NH 03235 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Franklin, NH—03235

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$368,000

6.8% YoY Growth

Household Income

$69,900

37.8% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

4.5%

Median Rent

$1,800

19.0% YoY Growth

1-Bed Rent

$1,350

25.0% YoY Growth

2-Bed Rent

$1,600

49.6% YoY Growth

3-Bed Rent

$2,100

2.3% YoY Growth

Home Price Trends — Franklin, NH

As of Dec '25, the median home price in Franklin, NH is $368,000, with a year-over-year change of 6.8%. This indicates that home prices in Franklin, NH are increasing. According to Zillow, the 1-year price projection is 4.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$368,000	6.8%
Single Family	$369,000	6.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Franklin, NH

As of July '25, Rentcast reports the average rent in Franklin, NH is $1,820, with a year-over-year rent change of 19.0%. Per bedroom, the median rent as of July '25 in Franklin, NH is studios: $1,400, 1-bedrooms: $1,350, 2-bedrooms: $1,780, 3-bedrooms: $2,100. The most common rental property sizes in Franklin, NH are 1-bedroom and 2-bedroom, accounting for 39.6% and 32.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,820
Studio Rent	$1,400	$1,400
1 Bed Rent	$1,350	$1,350
2 Bed Rent	$1,600	$1,780
3 Bed Rent	$2,100	$2,100
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.7%

1 Bedroom

39.6%

2 Bedrooms

32.8%

3 Bedrooms

18.4%

4 Bedrooms

7.5%

Property Listings — Franklin, NH

As of Dec '25, Realtor.com reports that the median days on market for a home in Franklin, NH is 37. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$472,000	2.0%
Listing Count	29	49.0%
Listings as % of Homes	0.3%	49.0%
Days on Market	65	-10.0%

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Demographics — Franklin, NH

As of the latest ACS Survey released in 2023, Franklin, NH has a population of 8,840, which has increased by 1.7% over the past 5 years. Franklin, NH is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,840	1.7%
% Under 18	17.7%	-6.3%
% Seniors	20.7%	8.4%
% WFH	8.4%	200.0%
% w/ College Degree	19.4%	8.4%

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As of the latest ACS Survey released in 2023, Franklin, NH is a predominantly white area, with 94.3% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Franklin, NH is black, making up 0.3% of the population. Foreign-born residents account for 4.1% of the population in Franklin, NH, and this percentage has increased by 86.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.3%	-0.6%
% Black	0.3%	-57.1%
% Hispanic	0.0%	-100.0%
% Asian	0.2%	-71.4%
% Foreign Born	4.1%	86.4%

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Mortgage and Risk — Franklin, NH

According to HUD data as of 2023, there were 161 mortgage originations in Franklin, NH, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Franklin, NH. Investor activity is low, as 2.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	161
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Franklin, NH

Franklin, NH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	290
Total Units Section 8	279
% Rentals under Section 8	N/A
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$290	$1,350	$1,060
2 Bedroom	-$210	$1,600	$1,390
3 Bedroom	-$260	$2,100	$1,840
4 Bedroom	N/A	N/A	$1,840

Franklin, NH—03235

Key Metrics at a Glance

Home Price Trends — Franklin, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Franklin, NH

% of Rental Stock

Property Listings — Franklin, NH

Demographics — Franklin, NH

Race and Ethnicity

Mortgage and Risk — Franklin, NH

Mortgages

Rentals and Section 8 — Franklin, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Franklin, NH

Home Price to Income Ratio

Franklin, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Northfield, NH

Salisbury, NH

Sanbornton, NH

Andover, NH

Hill, NH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$368,000
Median Household Income	$69,900

Franklin, NH—03235

Key Metrics at a Glance

Home Price Trends — Franklin, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Franklin, NH

% of Rental Stock

Property Listings — Franklin, NH

Demographics — Franklin, NH

Race and Ethnicity

Mortgage and Risk — Franklin, NH

Mortgages

Rentals and Section 8 — Franklin, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Franklin, NH

Home Price to Income Ratio

Franklin, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Northfield, NH

Salisbury, NH

Sanbornton, NH

Andover, NH

Hill, NH

Frequently Asked Questions

What is the average home price in Franklin, NH 03235?

How have home prices in Franklin, NH 03235 changed over the past year?

What is the home price projection for Franklin, NH 03235?

What are the demographics of Franklin, NH 03235?

How long does it take homes to sell in Franklin, NH 03235?

What is the average rent price in Franklin, NH 03235?