Home prices
The median home in Franklin costs $164,800. Compared to its nearby areas it is about $17,060 (9%) lower.It is about $52,700 (24%) lower compared to the rest of the nation, and is about $367,900 (69%) lower compared to the city of Boston.
Rents
In Franklin the median rent is $847 per month. It is roughly $68 (7%) lower compared to its surrounding areas.It is about $215 (20%) lower compared to the United States as a whole, and compared to the city of Boston it is approximately $773 (47%) lower.
Nearby places
Tilton Northfield
Tilton Northfield is Franklin's neighbor to the east. The real estate prices there are similar. The price of the median home in Tilton Northfield is $169,900, which is $5,100 (3%) higher than Franklin. Its rents are fairly similar. In Tilton Northfield the median monthly rent is $840, which is very similar to Franklin.
Belmont
Belmont is approximately 8 miles east from Franklin. The real estate prices there are pretty similar. The median home price in Belmont is $157,900, which works out to $6,900 (4%) lower than Franklin. The rent there is a little more expensive. In Belmont the median monthly rent is $994, which comes out to $147 (14%) higher than Franklin.
Bristol
Bristol is about 10 miles north from Franklin. Real estate prices there are similar. The median home cost in Bristol is $163,200, which is very similar to Franklin. Its rents are similar. The median rent in Bristol is $830 per month, which comes out to $17 (2%) lower than Franklin.
New Hampton
New Hampton is roughly 10 miles north of Franklin. Its real estate prices are a little more expensive. The cost of the median home in New Hampton is $225,000, which works out to $60,200 (26%) higher than Franklin. The rent there is somewhat more expensive. In New Hampton the median monthly rent is $950, which works out to $103 (10%) higher than Franklin.
Laconia
Laconia is roughly 11 miles northeast of Franklin. Housing prices there are a bit more expensive. The cost of the median home in Laconia is $193,300, which comes out to $28,500 (14%) higher than Franklin. Its rents are a little more expensive. Laconia's median monthly rent is $962, which comes out to $115 (11%) higher than Franklin.
