Why Live in Franklin
Franklin, a neighborhood in Provo, Utah, offers a suburban atmosphere with a mix of single-family homes, condominiums, duplexes, and townhouses. The area is characterized by mature trees and larger lots compared to nearby neighborhoods, with home styles ranging from bungalows and cottages to modern contemporary two-stories featuring craftsman or Victorian accents. Franklin's proximity to Brigham Young University makes it a convenient location for students, with some families purchasing homes for their children attending the university. The neighborhood is served by the Provo City School District, with schools like Franklin Elementary, Dixon Middle School, and Provo High School, which is noted for its strong arts and music programs. Franklin Park and Pioneer Park provide recreational spaces, with the latter featuring a splash pad and hosting seasonal festivals and the Provo Farmers Market. The nearby Wasatch Mountains offer hiking, mountain biking, and skiing opportunities. Residents benefit from easy access to Interstate 15 for a 40-mile commute to Salt Lake City, as well as public transportation options like the Utah Transit Authority buses and the FrontRunner commuter train. The Provo Airport, less than five miles away, provides domestic flights. Downtown Provo offers a variety of dining options, including Hruska’s Kolaches, Bombay House, and Black Sheep Café, along with shopping at Fresh Market Provo and Provo Towne Center.
Home Trends in Franklin, UT
On average, homes in Franklin, Provo sell after 70 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, Provo over the last 12 months is $449,900, up 79% from the median home sale price over the previous 12 months.
Median Sale Price
$449,900
Median Single Family Sale Price
$428,950
Median Townhouse Sale Price
$429,950
Median 2 Bedroom Sale Price
$529,000
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$411
Number of Homes for Sale
8
Last 12 months Home Sales
73
Median List Price
$459,495
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
79%