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 $156,400. The national median home value is $338,100. The average price of homes sold in Franklin, MN is $326,250. Approximately 74.01% of Franklin homes are owned, compared to 23.73% rented, while 2.26% 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 508. Franklin is more family-centric than the surrounding county with 41.18% of the households containing married families with children. The county average for households married with children is 26.92%.

The median household income in Franklin, Minnesota is $55,625. The median household income for the surrounding county is $61,233 compared to the national median of $69,021. The median age of people living in Franklin is 37.8 years.

Franklin Weather

The average high temperature in July is 83.3 degrees, with an average low temperature in January of 3.7 degrees. The average rainfall is approximately 28.7 inches per year, with 35.6 inches of snow per year.

Franklin Real Estate Market Conditions

  • Median sales price

    $326,250
    11% change since last quarter
  • # Active listings

    1
    30-day change

Franklin Schools and Demographics

Education near Franklin, MN

Metric City County
High School Graduates 86.14 90.57
College Degree - 2 year 11.8 13.92
College Degree - 4 year 12.39 15.99
Graduate Degree 0 2.5
Expenditures per Student 15,683 15,683
Students per Teacher 14.6 14.6

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 Small Town
Population 508 14,768
Population Density 473 15
Median Age 37.8 43.1
People per Household 2.7 2.5
Median Household Income 55,625 61,233
Average Income per Capita 23,033 31,831