Franklin MN Multi Family for Sale

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Franklin Real Estate

The median home value in Franklin, MN is $326,250. This is higher than the county median home value of $118,900. The national median home value is $219,700. The average price of homes sold in Franklin, MN is $326,250. Approximately 61.97% of Franklin homes are owned, compared to 28.63% rented, while 9.4% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!

Franklin, Minnesota has a population of 531. Franklin is less family-centric than the surrounding county with 24.14% of the households containing married families with children. The county average for households married with children is 29.26%.

The median household income in Franklin, Minnesota is $42,833. The median household income for the surrounding county is $56,721 compared to the national median of $57,652. The median age of people living in Franklin is 44.3 years.

Franklin Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 29.3 inches per year, with 35.5 inches of snow per year.

Franklin Real Estate Market Conditions

  • Median sales price

    $326,250
    6.76% change since last quarter
  • # Active listings

    1
    30-day change

Franklin Schools and Demographics

Education near Franklin, MN

Metric City County
High School Graduates 85.59 88.81
College Degree - 2 year 10.45 12.35
College Degree - 4 year 5.08 14.52
Graduate Degree 0.85 2.32
Expenditures per Student 11,405 14,053
Students per Teacher 13.2 13.2

Elementary Schools near Franklin, MN

School Grades Students P/T Ratio ZIP
Bold-Bird Island Elementary School KG - 06 347 12.8 55310
Cedar Mountain Elementary School PK - 05 221 11.7 55333
Reede Gray Elementary School PK - 04 437 12.4 56283

Middle Schools near Franklin, MN

School Grades Students P/T Ratio ZIP
G.F.W. Mid. 05 - 08 221 12 55332
Redwood Valley Middle School 05 - 08 343 13.8 56283

High Schools near Franklin, MN

School Grades Students P/T Ratio ZIP
Redwood Valley Senior High School 09 - 12 335 13.2 56283

Ungraded Schools near Franklin, MN

School Grades Students P/T Ratio ZIP
* Redwood Valley Alternative School 09 - 12 0 0.9 56283
Cedar Mountain Secondary School 06 - 12 258 14 56266

Demographics near Franklin, MN

Metric City County
Neighborhood Type Rural
Population 531 14,798
Population Density 494 15
Median Age 44.3 44.4
People per Household 2.3 2.3
Median Household Income 42,833 56,721
Average Income per Capita 20,702 31,215