Franklin Square, NY Housing Market Forecast

2025–2026 Market Report, Trends & Predictions

$875K

Median Sale Price

18

Days on Market

3.3

Months of Supply

+0.6%

YoY Change

Balanced Market

Market Type

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Best Time to Buy by Property Type in Franklin Square

Franklin Square is a Balanced Market

Market conditions in Franklin Square favor neither buyers nor sellers significantly.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $875K
Median List Price $825K
Price per Sq Ft $531
YoY Price Change +0.6%

Sales Activity

Homes Sold (Monthly) 10
New Listings 12
Pending Sales 12
Sale-to-List Ratio 100.4%

Inventory & Timing

Active Inventory 33
Months of Supply 3.3
Days on Market 18 days
Sold Above List 30%

Best Time to Buy in Franklin Square

Best Month to Buy

Jan

Typically lowest prices

Most Expensive Month

Nov

Peak pricing period

Seasonal Pattern

Winter is cheapest

View detailed seasonal analysis →

How Long It Takes to Sell in Franklin Square

Current DOM

18

days

Average DOM

48

days

Fastest

16

days

Slowest

178

days

Homes are currently selling faster than usual in Franklin Square.

View detailed selling time analysis →

Franklin Square, NY Real Estate Market Analysis

The Franklin Square housing market is currently characterized as a balanced market. With a median sale price of $875K and homes spending an average of 18 days on the market, conditions are relatively balanced between buyers and sellers.

Is Franklin Square a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Franklin Square guide. Sellers should also review our how long homes take to sell in Franklin Square analysis.

What to Expect When Buying in Franklin Square

The balanced market conditions mean you can take a measured approach to buying, though well-priced homes will still attract multiple offers.

Should You Buy, Sell, or Wait in Franklin Square?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Franklin Square

Homes in Franklin Square are selling at 100.4% of their list price on average. Approximately 30% of homes sell above asking price. The typical time to sell is 18 days from listing to closing. Check current real estate commission rates in New York to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Franklin Square page and our how long it takes to sell in Franklin Square report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Franklin Square market block by block.

Franklin Square, NY Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Franklin Square real estate market heading into 2026.

Price Forecast

With modest 0.6% growth, Franklin Square home prices are expected to remain stable with slight upward movement through 2026.

Inventory Outlook

With 3.3 months of supply, the market is approaching balance. Neither buyers nor sellers hold a decisive advantage.

Selling Speed

Homes sell in just 18 days on average. This fast pace is expected to continue while inventory stays low.

Bottom line: The Franklin Square market is balanced. Both buyers and sellers benefit from having a skilled local real estate agent to navigate current conditions. Find a Franklin Square real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Franklin Square Real Estate

Is Franklin Square, NY a good place to buy a house in 2026?

Franklin Square, New York has a active with steady buyer interest real estate market in 2026. The median home price is $875K. Homes typically sell in 18 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Franklin Square, NY?

The median home price in Franklin Square, New York is $875K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Franklin Square, NY?

Houses in Franklin Square, New York typically sell in 18 days on average. Market conditions favor strategic pricing and professional marketing. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Franklin Square, NY?

Real estate agent commissions in Franklin Square, New York typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Franklin Square, NY good for first-time home buyers?

Franklin Square, New York offers opportunities for first-time buyers, though prices may require first-time buyer assistance programs. New York offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

Find a Franklin Square Real Estate Agent

Connect with a local expert who knows the Franklin Square market.

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