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Median Home Price in Franklin, NJ

The median home value in Franklin, NJ is $388,983 as of 2026-06-30, up 0.39% from a year earlier.

Median Home Value

$388,983

Year-over-Year

+0.39%

Population

5,047

Franklin ranks #158 of 184 New Jersey cities tracked here by median home value, and sits 36.7% below the state's city median of $614,590. It sits in Sussex County, where the county-wide median is $451,872.

Crime in Franklin

Franklin police recorded a violent crime rate of 0 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 515 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

How much does a house cost in Franklin, NJ?

The median home value in Franklin is $388,983. That's up 0.39% from a year earlier. That is about 36.7% below the typical county in New Jersey.

Is Franklin expensive compared to the surrounding area?

Homes in Franklin are cheaper than Sussex County as a whole, where the median is $451,872 — a difference of about 13.9%.

Is Franklin a safe place to live?

Franklin police reported 0 violent crimes per 100,000 residents, covering a population of about 5,047. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.