Franklin, New Hampshire Real Estate & Housing Market

Franklin, NH Listings

For Sale For Rent

Find real estate listings

Find rental listings

Franklin Housing Information

Index	Franklin	New Hampshire	National
Median home price	$160,100	$239,700	$184,700
Median rent asked	$787	$1,021	$949
Avg. people per household	2.3	2.4	2.6
Owner occupied households	56.5%	70.7%	63.6%
Renter occupied households	43.5%	29.3%	36.4%

Above, you'll find an overview of the real estate market in Franklin, NH. Generally, real estate in the Franklin, NH area is more affordable in New Hampshire, as the median price of a home in Franklin, NH is $160,100, which is 33% lower than the New Hampshire average. The median rental price in Franklin, NH is $787. This is 23% lower than the average rental price in New Hampshire. Home owners comprise 56.5% of the population of Franklin, NH, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Franklin, NH. Below, you can search for real estate listings in Franklin, NH using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Franklin Home Affordability

When searching for real estate in Franklin, NH, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Franklin, NH, the median house price is $160,100, while the median income for households in the area is $44,490. Therefore, the ratio of house price to income is 3.6x; this ratio is 3% higher than the average in New Hampshire. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Franklin, NH.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Bristol, NH	1,946	$166,500	10%
Tilton Northfield, NH	3,512	$173,900	6%
Belmont, NH	1,793	$175,200	5%
Laconia, NH	16,171	$178,100	4%
Meredith, NH	1,803	$192,700	4%
Franklin, NH	8,440	$160,100	13%

Cities with similar population

City, State	Population	Home Price	National Avg.
Kirby, TX	8,441	$82,500	55%
Absecon, NJ	8,438	$197,900	7%
Westlake Village, CA	8,443	$819,900	344%
Price, UT	8,437	$124,000	33%
Brockport, NY	8,444	$111,100	40%
Franklin, NH	8,440	$160,100	13%

Source: The Franklin, NH housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).