Franklin, Franklin, MA
Franklin — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Franklin, Franklin, Massachusetts. Explore the cited sources and local facts below while agent underwriting continues.
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Franklin Neighborhood Overview
Franklin is a historic yet vibrant town in Norfolk County, Massachusetts, centered around a classic New England downtown. It offers residents a balanced lifestyle with suburban comfort, strong community roots, and modern conveniences. The town's central ZIP code is 02038, with coordinates placing it conveniently within the Greater Boston region.
Lifestyle & Amenities
Residents enjoy a walkable downtown area with local shops, diverse restaurants, and community events throughout the year. The town maintains numerous parks, athletic fields, and the 700-acre Franklin State Forest for outdoor recreation. This blend of small-town charm and accessible amenities defines the daily lifestyle for its population.
Real Estate Market
The Franklin real estate market is characterized by high homeownership, with a rate of approximately 79%. The median home value is reported at $516,500, while the median monthly rent is $1,792. These figures reflect a stable and desirable suburban market supported by a high median household income of $138,062.
Schools & Education
Franklin is served by the well-regarded Franklin Public Schools district, which operates multiple elementary, middle, and high schools. The community places a strong emphasis on educational quality and student achievement. Families are drawn to the area for its consistent investment in school facilities and academic programs.
Transportation & Connectivity
Franklin provides excellent connectivity via the Franklin/Dean College commuter rail station, offering direct service to Boston. Major state routes like MA-140 and I-495 provide easy access by car to surrounding commercial centers and highways. This combination makes it a practical choice for commuters and those traveling throughout the region.
Why Choose Franklin
Franklin appeals to those seeking a family-friendly community with a strong sense of local identity and above-average economic metrics. Its blend of historical character, recreational spaces, and transit access creates a highly livable environment. The town successfully balances suburban tranquility with the practical benefits of connectivity to major metropolitan areas.
Franklin Market Data
| Metric | Value |
|---|---|
| Median Home Price | $517K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $138K |
| Homeownership Rate | 79.2% |
| Renter-Occupied | 20.8% |
| Rental Vacancy Rate | 10.3% |
| Market Type | Buyer's |
| Market Tier | Premium |
| Primary ZIP Code | 02038 |
Top Real Estate Agents in Franklin, Franklin
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Franklin, Franklin, MA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Massachusetts Board of Registration of Real Estate Brokers and Salespersons — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12