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Median Home Price in Franklin, NH

The median home value in Franklin, NH is $388,844 as of 2026-07-31, up 3.25% from a year earlier.

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Median Home Value

$388,844

Year-over-Year

+3.25%

Population

8,805

Franklin ranks #35 of 42 New Hampshire cities tracked here by median home value, and sits 22.9% below the state's city median of $504,457. It sits in Merrimack County, where the county-wide median is $498,955.

Housing affordability in Franklin

Median household income in Franklin is $71,648, so the typical home value is about 5.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Franklin

Franklin police recorded a violent crime rate of 91 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,261 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Franklin

What is the average home price in Franklin, NH?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Franklin, that value is $388,844. That's up 3.25% from a year earlier. It is about 22.9% below the typical New Hampshire city tracked here.

Is Franklin expensive compared to the surrounding area?

Homes in Franklin are cheaper than Merrimack County as a whole, where the median is $498,955 — a difference of about 22.1%.

Is Franklin affordable?

Median household income here is $71,648, so the typical home value is about 5.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Franklin a safe place to live?

Franklin police reported 91 violent crimes per 100,000 residents, covering a population of about 8,805. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in NH

Manchester · Farmington · Jaffrey · Rochester · Hillsborough · Plymouth · Littleton · Keene