Current Price

$132,199

1 Month Forecast

â–² $148,115

1-Year Forecast *

â–² $154,120

5-Year Forecast *

â–² $176,446

"Is it a good time to buy homes in Franklin?" "Does investing in real estate in Franklin (Illinois State, Morgan County) worth it?" According to our live Forecast System, buying a house in Franklin is a good short-term (1-year) investment*. The Franklin average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Franklin" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Franklin in Illinois State, Morgan County. If you are looking for homes for sale with good flipping profit, Franklin can be a profitable property investment option. The median price of an average house in Franklin was 132,199 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Franklin" area is 176,446 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.47% meaning that investing 100000 USD today may yield a profit of 33,470 USD by 2031.

Current Median Listing Price: 132,199 USD Median Listing Price Per Square Foot: 73 USD

Franklin Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Franklin (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Franklin Price Target

Franklin median home price target in 12 months: $154,120* (upside of 16.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $148,595 $148,121 $148,121 $149,051
2024 $124,239 $132,199 $124,239 $132,199
2023 $111,670 $123,833 $111,670 $123,833
2022 $109,732 $108,841 $106,946 $114,126
2021 $104,685 $107,169 $104,685 $107,169
2020 $105,164 $105,520 $104,079 $107,409
2019 $97,668 $104,821 $97,668 $104,821
2018 $93,818 $97,454 $93,818 $97,518
2017 $99,834 $93,453 $92,973 $99,834
2016 $91,426 $99,674 $91,426 $99,846
2015 $85,163 $90,268 $84,104 $90,268
2014 $77,181 $84,999 $77,181 $84,999
2013 $74,866 $76,216 $73,379 $76,216
2012 $0 $0 $0 $0

Questions & Answers about the Franklin Housing Market Forecast

How much does an average home cost in Franklin today?

The value of an average home (the listing price) in Franklin is $132,199 USD.

What is the average price per square foot in Franklin?

According to Walletinvestor the median price per square foot in Franklin is 73 USD.

Will the median listing price of homes in Franklin grow / rise / go up?

Yes. The Franklin home prices may rise from 132,199 USD to 154,120 USD in one year.

Is it profitable to invest in Franklin homes?

Yes. The long-term profit potential is +16.58% in one year.

Will Franklin house prices fall / drop?

No. See above.

What is the predicted price of a Franklin home in 2030?

The predicted home sales price of a Franklin home in 2030 in Franklin is 178,144 USD.

What is the predicted price of a Franklin home in 2035?

The predicted home sales price of a Franklin home in 2035 in Franklin is 212,633 USD.

Will real estate prices decrease in Franklin?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Franklin is the 19711. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Morgan, Franklin decreased, looking at the past 12 months.

According to Walletinvestor's Franklin real estate market research, home values will increase in the next 12 months.

Median home values decreased by 11.289% to 132,199 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 18.522% in 2021
  • 17.082% in 2022
  • 18.202% in 2023
  • 15.462% in 2024
  • 16.462% in 2025
  • 15.732% in 2026

Based on our Franklin real estate market research and report the predicted sales prices will increase by 363.776% in the next 10 years.

Over the last 12 months, the value of homes in Franklin fluctuated: increasing 1 times and decreasing 3 times.

Franklin (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Franklin Housing Market Forecast with Real Estate Prices for 2025
August 2025 148115 135525 160705
September 2025 147497 133928 161067
October 2025 147803 139378 156228
November 2025 148794 134361 163227
December 2025 149064 138928 159201
Franklin Housing Market Forecast with Real Estate Prices for 2026
January 2026 147891 137095 158687
February 2026 146906 132216 161597
March 2026 147601 140221 154981
April 2026 149204 138014 160395
May 2026 150825 142077 159573
June 2026 152464 144078 160849
July 2026 154120 140711 167528
August 2026 154850 142927 166774
September 2026 154568 139111 170024
October 2026 154248 138977 169518
November 2026 152981 142731 163231
December 2026 151724 143835 159614
Franklin Housing Market Forecast with Real Estate Prices for 2027
January 2027 150478 136634 164322
February 2027 149242 137751 160734
March 2027 149445 137041 161848
April 2027 151068 141400 160736
May 2027 152709 144463 160955
June 2027 154368 143871 164865
July 2027 156045 143249 168841
August 2027 157740 144017 171464
September 2027 159454 148611 170297
October 2027 160440 148086 172794
November 2027 161137 149374 172900
December 2027 161905 152352 171457
Franklin Housing Market Forecast with Real Estate Prices for 2028
January 2028 163292 154311 172273
February 2028 164345 148732 179958
March 2028 165463 153715 177210
April 2028 165894 149471 182318
May 2028 166438 153289 179586
June 2028 167662 155758 179567
July 2028 169484 158298 180670
August 2028 171325 160018 182632
September 2028 171452 160307 182596
October 2028 170350 160129 180572
November 2028 169462 153025 185900
December 2028 169366 158188 180545
Franklin Housing Market Forecast with Real Estate Prices for 2029
January 2029 170209 156592 183826
February 2029 171969 154772 189166
March 2029 173837 163581 184094
April 2029 175726 163249 188202
May 2029 177635 165023 190247
June 2029 178180 162322 194038
July 2029 178144 165318 190970
August 2029 177732 167957 187508
September 2029 177766 161945 193587
October 2029 177655 165219 190091
November 2029 177067 166089 188046
December 2029 177061 164135 189986
Franklin Housing Market Forecast with Real Estate Prices for 2030
January 2030 176322 159571 193073
February 2030 176687 167323 186052
March 2030 177872 167378 188367
April 2030 178195 166791 189600
May 2030 176792 164771 188814
June 2030 175616 163498 187733
July 2030 176446 166035 186856
August 2030 178363 164094 192632
September 2030 180300 165335 195265
October 2030 182259 164944 199573
November 2030 184239 168394 200083
December 2030 185112 175301 194923
Franklin Housing Market Forecast with Real Estate Prices for 2031
January 2031 184774 170177 199371
February 2031 184392 173328 195455
March 2031 182877 167699 198056
April 2031 181375 169767 192983
May 2031 179886 165855 193917
June 2031 178408 160746 196071
July 2031 178650 168824 188476
August 2031 180591 166324 194857
September 2031 182552 165393 199712
October 2031 184536 171987 197084
November 2031 186540 174415 198665
December 2031 188567 174424 202709
Franklin Housing Market Forecast with Real Estate Prices for 2032
January 2032 190615 175747 205483
February 2032 191794 180862 202726
March 2032 192627 177025 208230
April 2032 193545 177868 209222
May 2032 195204 182125 208283
June 2032 196462 177405 215519
July 2032 197798 178216 217380

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.