Homes for Sale Under 400K in Franklin, NY

31 Homes for Sale

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Franklin, NY Housing Market Overview

Franklin's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 0.8-month supply of homes and an average of 111 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

111

Inventory

31

Aug 2021Dec 2023Feb 2026

Median Home Price

$475,000Up 0.19%

In Feb 2026 · YoY

Aug 2021Dec 2023Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
31 Down 0.43%
Newly Listed Homes
2 Up 1.00%
Months of Supply
0.8 Down 6.20%

Housing Demand

Homes Sold
5 Up 4.00%
Sale-to-List Ratio
94.1% Up 9.92%
Homes Sold Above List
20% Up 20.00%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full Franklin Market Report
  • mls-img
    Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Sep 6, 2026, 11:45 AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2025 the New York State Alliance of MLSs. All Rights Reserved.
  • mls-img
    Based on information from the Global Multiple Listing Service, Inc. through Sep 6, 2026, 11:45 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from OneKey MLS, through Sep 6, 2026, 11:46 AM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2024 OneKey® MLS. All rights reserved.

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Franklin, NY Housing Marketlink qauare
Homes Available icon

31

Homes Available

Median List Price icon

$ 475,000

Median List Price

Avg on Market icon

111 Days

Avg on Market

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