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ZIP 02038 in Franklin, MA: housing market trends

The median home sale price in ZIP 02038 in Franklin, MA was $731,285 for the three-month period ending September 2026. Sale prices were 6.1% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$731,285
three-month period ending September 2026
Median sale price per sq ft
$337.62
three-month period ending September 2026
Active listings
161
three-month period ending September 2026
Typical monthly rent
$2,663
Rent index · August 2026

How is housing inventory changing?

There were 161 active listings for the three-month period ending September 2026. Active listings were 8.1% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 20 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 02038 in Franklin, MA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$731,285$337.62100
Single-familySeptember 2026$857,284$331.4367
TownhousesSeptember 2026$580,001$343.5624
Condos / co-opsSeptember 2026$314,991$323.407 · small sample
Multifamily (2–4 units)September 2026$845,000$308.632 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 02038 in Franklin, MA
MarketMedian sale priceReporting period / source
Franklin, MA$729,6533 months ending September 2026 · Redfin
Wrentham, MA$914,5643 months ending September 2026 · Redfin
Bellingham, MA$518,2533 months ending September 2026 · Redfin
Norfolk, MA$866,0883 months ending September 2026 · Redfin
Medway, MA$759,6383 months ending September 2026 · Redfin
Plainville, MA$527,2493 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 02038 in Franklin, MA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$731,285$337.62161
August 2026$745,000$342.13161
July 2026$740,000$348.31170
June 2026$706,000$348.57161
May 2026$690,000$348.19145
April 2026$645,000$339.60117
March 2026$650,000$339.6088
February 2026$600,000$338.5981
January 2026$619,000$328.2994
December 2025$619,000$328.50119
November 2025$647,450$325.22145
October 2025$656,750$325.82156
September 2025$689,000$326.59149
August 2025$687,500$334.46154
July 2025$687,500$338.51163
June 2025$665,125$331.96160
May 2025$680,125$331.79153
April 2025$610,000$324.00125
March 2025$606,473$321.0187
February 2025$601,473$317.1368
January 2025$616,537$316.8085
December 2024$610,000$323.86103
November 2024$613,000$323.15121
October 2024$670,000$316.53129

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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