Housing · Franklin

Franklin, ID housing market

The typical Franklin home is worth about $409,000, up 3.8% in a year, 14% below the Idaho typical home.

Home values, sales, trends and how Franklin compares with the towns next door — updated as new data is published.

The market right now

Franklin at a glance

Typical home value
$409K
▲ 3.8% in a year · Zillow
Median sale price
$401K
May 2026 · Redfin
Homes sold
2
in May · 3 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2017–2026

FranklinIdaho
$200K$250K$300K$350K$400K$450K$500K$550K 20182020202220242026 Franklin $409K Idaho $479K
Show as a table
JanuaryFranklinIdaho
2018$219,000$237,000
2019$241,000$269,000
2020$258,000$299,000
2021$312,000$364,000
2022$395,000$471,000
2023$402,000$464,000
2024$387,000$460,000
2025$404,000$472,000
2026$409,000$478,000
August 2026$409,000$479,000
New construction

No new homes permitted in 2018

No permits for new homes were issued in Franklin in 2018. The last year with any was 2017 (2 new homes).

New homes, 2018
0
2 in 2017
Single-familyTwo or more homes per building
0102030 2000: 2 homes 2000 2001: 3 homes 2002: 3 homes (1 single-family, 2 in buildings with 2+ homes) 2003: 3 homes 2004: 1 home 2005: 2 homes 2005 2006: 4 homes 2007: 2 homes 2008: 7 homes (3 single-family, 4 in buildings with 2+ homes) 2009: 15 homes (11 single-family, 4 in buildings with 2+ homes) 2010: 22 homes 2010 2011: 9 homes 2012: 6 homes 2013: 4 homes 2014: 12 homes 2015: 6 homes 2015 2016: 1 home 2017: 2 homes 2018: 0 homes
Show as a table
YearNew homesSingle-family2+ per buildingValue
2018000—
2017220$513,000
2016110$176,000
2015660$1.2 million
201412120$2.7 million
2013440$633,000
2012660$965,000
2011990$1.5 million
201022220$3 million
200915114$2.3 million
2008734$1.1 million
2007220$300,000
2006440$505,000
2005220$260,000
2004110$100,000
2003330$270,000
2002312$215,000
2001330$339,000
2000220$263,000

Franklin's permit office didn't report to the Census in 2018, so the 2018 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Affordability

5 years of income

The typical Franklin home costs about 5 years of the town's median household income, less than across Idaho (6.2 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
80.8%
Idaho: 72.1%
Median tax bill
$1,500
Idaho: $2,038
Median rent
$1,282
Idaho: $1,238
Typical home built
1987
Idaho: 1991

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,320

HUD's Fair Market Rent for a two-bedroom in Franklin is $1,320 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Franklin pay a median of $1,282. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$1,010
a month, with utilities
2 bedrooms
$1,320
a month, with utilities
3 bedrooms
$1,840
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $1,000 · 4 bedrooms $2,210

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (83237; Logan, UT-ID MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01