Why Live in Downtown Franklin
Downtown Franklin features a mix of condos, multi-unit buildings, Cape Cods, and Colonial revivals, with construction dates ranging from the 1850s to 1990. Many homes retain their historic charm with original features like hardwood flooring. Single-family homes are often positioned close to the street to maximize backyard space. The neighborhood is home to several parks, including the Franklin Town Common, Beaver Pond Recreation Area, Nason Street Playground, and Dacey Community Field, which also has a dog park and disc golf course. Dining options include the long-standing Rome Restaurant, known for its chicken parmesan, and the modern 3 Restaurant, which offers seasonal dishes. Shopping needs are met by Franklin Village Plaza and the Big Y World Class Market. Annual events like the 4th of July Carnival and the Christmas Tree Lighting bring the community together. Transportation is convenient with the Blue Star Memorial Highway and interstates 90 and 95 providing routes to Boston, 45 miles away. The Franklin commuter rail station offers public transit to Boston in just over an hour, and Boston Logan International Airport is 50 miles away. Schools in the area are highly rated, including Oak Street Elementary School, Gerald M. Parmenter Elementary School, Horace Mann Middle School, Remington Middle School, and Franklin High School. The neighborhood is safer than the national average, making it a practical choice for families.
Frequently Asked Questions
Is Downtown Franklin a good place to live?
Downtown Franklin is a good place to live. Downtown Franklin is considered fairly walkable and bikeable. Downtown Franklin is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Downtown Franklin has 2 parks for recreational activities. It has a median age of 38. The average household income is $133,489 which is above the national average. College graduates make up 46.8% of residents. A majority of residents in Downtown Franklin are home owners, with 36.1% of residents renting and 63.9% of residents owning their home. A
local real estate agent serving Downtown Franklin can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Franklin neighborhood guide.
Is Downtown Franklin, MA a safe neighborhood?
Downtown Franklin, MA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Downtown Franklin?
The median home price in Downtown Franklin is $567,450. If you put a 20% down payment of $113,500 and had a 30-year fixed mortgage with an interest rate of 6.16%, your estimated principal and interest payment would be $2,770 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $119K a year to afford the median home price in Downtown Franklin. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Downtown Franklin is $133K.
What are the best public schools in Downtown Franklin?
The best public schools that serve Downtown Franklin are:
What are the most popular zip codes in Downtown Franklin, Franklin, MA?
What are the most popular neighborhoods near Downtown Franklin, Franklin, MA?
Home Trends in Downtown Franklin, MA
On average, homes in Downtown Franklin, Franklin sell after 23 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Franklin, Franklin over the last 12 months is $547,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$547,500
Median Single Family Sale Price
$563,525
Median Townhouse Sale Price
$635,000
Median 2 Bedroom Sale Price
$357,500
Median 1 Bedroom Sale Price
$235,000
Average Price Per Sq Ft
$369
Number of Homes for Sale
2
Last 12 months Home Sales
68
Median List Price
$567,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%