House Prices

House Prices & Home Values Franklin, MN 2026


Average Data

average house price$483,609
average size per house2292 ft²
average price per ft²212 $ / ft²

06/25/2026 - The value range (VR) for house prices in Franklin, MN is $141/ sqft to $141/ sqft. An average home with 2292 sqft costs approximately $323,172 to $323,172. Franklin, MN includes 1 ZIP codes and it is located in Renville county. The lowest prices are found in ZIP 55333, while the highest are in ZIP 55333. The average price per sqare feet is $212. Our analysis is based on 49 property listings.

Avergage prices by ZIP codes Franklin

55333128 $ / ft²




Historical development of home values in Franklin

Year Estimated value (USD) Change vs. 2025
2010 $224,597 -53.6%
2011 $215,912 -55.4%
2012 $215,330 -55.5%
2013 $223,379 -53.8%
2014 $234,486 -51.5%
2015 $246,521 -49.0%
2016 $259,386 -46.4%
2017 $273,386 -43.5%
2018 $288,500 -40.3%
2019 $301,878 -37.6%
2020 $317,483 -34.4%
2021 $361,103 -25.3%
2022 $420,965 -13.0%
2023 $443,927 -8.2%
2024 $469,609 -2.9%
2025 $483,609 0.0%

Graph: estimated home values in Franklin over time (USD)



Example: 100% financing house in Franklin

Loan amount: $483,609

Interest rate: 6.00%

Fixed monthly payment: $2,899.48

Breakdown in the 1st month:
Interest portion: $2,418.05  –  Principal portion: $481.44

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $28,854.99 $5,938.78 $477,670.22
2 $28,488.70 $6,305.07 $471,365.16
3 $28,099.82 $6,693.95 $464,671.21
4 $27,686.95 $7,106.82 $457,564.39
5 $27,248.61 $7,545.15 $450,019.24
6 $26,783.25 $8,010.52 $442,008.73
7 $26,289.17 $8,504.59 $433,504.14
8 $25,764.63 $9,029.13 $424,475.00
9 $25,207.73 $9,586.03 $414,888.97
10 $24,616.49 $10,177.28 $404,711.70
11 $23,988.78 $10,804.99 $393,906.71
12 $23,322.35 $11,471.42 $382,435.29
13 $22,614.82 $12,178.95 $370,256.35
14 $21,863.64 $12,930.12 $357,326.23
15 $21,066.14 $13,727.62 $343,598.61
16 $20,219.45 $14,574.31 $329,024.30
17 $19,320.54 $15,473.22 $313,551.07
18 $18,366.19 $16,427.58 $297,123.50
19 $17,352.97 $17,440.79 $279,682.71
20 $16,277.26 $18,516.50 $261,166.20
21 $15,135.20 $19,658.56 $241,507.64
22 $13,922.71 $20,871.06 $220,636.59
23 $12,635.43 $22,158.34 $198,478.25
24 $11,268.75 $23,525.02 $174,953.23
25 $9,817.78 $24,975.99 $149,977.24
26 $8,277.31 $26,516.45 $123,460.79
27 $6,641.84 $28,151.93 $95,308.86
28 $4,905.49 $29,888.28 $65,420.59
29 $3,062.04 $31,731.72 $33,688.86
30 $1,104.90 $33,688.86 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Franklin, MN


1500 sqft3900 sqft
Ø selling price$384,781$818,533
Ø fast selling$349,800$736,679
Ø high price sale$419,761$900,386

In 2026, houses in Franklin, MN will be offered at an average price of $212 per square foot. A 1,500 sqft home priced at $384,781 is 20.72% more expensive per square foot than a 3,900 sqft home priced at $818,533. Home prices in Franklin, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $566,676. Sellers who can wait longer may achieve a higher price of up to $692,604.

FAQ – Home Values in Franklin

What is the median home value in Franklin in 2026?

In 2026, the typical home value in Franklin is about $483,609 for an average home size of 2292 square feet. This corresponds to an average price of roughly $212 per square foot.

What is the average cost per square foot in Franklin?

In 2026, homes in Franklin sell for an average of around $212 per square foot, with a typical range between $141 and $141 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Franklin is about 2292 square feet, with an estimated 2026 value around $483,609.



Locations close to Franklin, MN

Gaylord, MN131 $ / ft²
Gibbon, MN154 $ / ft²
Glencoe, MN100 $ / ft²
Fairfax, MN143 $ / ft²
Excelsior, MN282 $ / ft²
Elk River, MN160 $ / ft²
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