Zip 02038 (Franklin Town, MA) Housing

In 02038 Franklin Town, MA, the median value of housing is $589,400, higher than the US median value of $338,100. Additionally, this area experienced a 8.56% increase in house appreciation over the past year, slightly higher than the US's 8.27%. This data suggests that owning property in Franklin Town is a smart financial decision with potentially good returns on investment.

The median home cost in Franklin Town (zip 02038) is $589,400. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Franklin Town (zip 02038) is up 11.8%.

Average Age of Homes

- The median age of Franklin Town (zip 02038) real estate is 33 years old

The Rental Market in Franklin Town (zip 02038)

- Renters make up 20.0% of the Franklin Town (zip 02038) population
- 1.7% of houses and apartments in Franklin Town (zip 02038), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin Town, Massachusetts	United States
	12,506.0	139,647,020.0
	36	42
	$589,400	$338,100
	11.8%	16.6%
	43.9%	57.0%
	77.1%	101.1%
	$13.40	$10.98
	$6,042	$2,690
	77.5%	57.4%
	3.1%	11.2%
	19.4%	31.4%
Vacant Housing
	1.7%	1.9%
	0.2%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.5%	2.4%
	0.6%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	0.9%	11.3%
	1.8%	13.0%
	7.4%	20.1%
	22.9%	13.6%
	28.8%	8.3%
	30.6%	9.7%
	4.7%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	21.8%	13.6%
	19.0%	13.2%
	7.2%	14.8%
	21.8%	13.6%
	6.5%	10.0%
	3.1%	4.7%
	13.0%	12.2%

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