Current Price

$1,419,834

1 Month Forecast

â–² $1,562,724

1-Year Forecast *

â–² $1,653,878

5-Year Forecast *

â–² $1,996,189

"Is it a good time to buy homes in Franklin Lakes?" "Does investing in real estate in Franklin Lakes (New Jersey State, Bergen County) worth it?" According to our live Forecast System, buying a house in Franklin Lakes is a good short-term (1-year) investment*. The Franklin Lakes 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 Lakes" 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 Lakes in New Jersey State, Bergen County. If you are looking for homes for sale with good flipping profit, Franklin Lakes can be a profitable property investment option. The median price of an average house in Franklin Lakes was 1,419,834 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 Lakes" area is 1,996,189 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +40.59% meaning that investing 100000 USD today may yield a profit of 40,593 USD by 2031.

Current Median Listing Price: 1,419,834 USD Median Listing Price Per Square Foot: 789 USD

Franklin Lakes 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 Lakes (New Jersey 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 Lakes Price Target

Franklin Lakes median home price target in 12 months: $1,653,878* (upside of 16.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $1,495,663 $1,553,909 $1,495,663 $1,553,909
2024 $1,337,756 $1,419,834 $1,337,756 $1,421,006
2023 $1,257,812 $1,332,028 $1,251,736 $1,332,028
2022 $1,144,610 $1,255,499 $1,144,610 $1,255,499
2021 $1,013,690 $1,135,153 $1,013,690 $1,135,153
2020 $947,658 $996,845 $943,840 $996,845
2019 $985,168 $950,558 $950,558 $986,058
2018 $1,009,615 $986,252 $985,949 $1,009,615
2017 $1,000,541 $1,013,421 $1,000,369 $1,015,104
2016 $1,013,857 $1,000,930 $999,906 $1,013,857
2015 $1,004,845 $1,016,360 $1,001,932 $1,016,360
2014 $965,913 $1,007,012 $965,913 $1,008,958
2013 $896,340 $959,224 $896,340 $959,224
2012 $862,062 $895,937 $862,062 $898,970

Questions & Answers about the Franklin Lakes Housing Market Forecast

How much does an average home cost in Franklin Lakes today?

The value of an average home (the listing price) in Franklin Lakes is $1,419,834 USD.

What is the average price per square foot in Franklin Lakes?

According to Walletinvestor the median price per square foot in Franklin Lakes is 789 USD.

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

Yes. The Franklin Lakes home prices may rise from 1,419,834 USD to 1,653,878 USD in one year.

Is it profitable to invest in Franklin Lakes homes?

Yes. The long-term profit potential is +16.48% in one year.

Will Franklin Lakes house prices fall / drop?

No. See above.

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

The predicted home sales price of a Franklin Lakes home in 2030 in Franklin Lakes is 1,876,795 USD.

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

The predicted home sales price of a Franklin Lakes home in 2035 in Franklin Lakes is 2,422,721 USD.

Will real estate prices decrease in Franklin Lakes?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Franklin Lakes is the 5155. largest city in the United States, located in New Jersey State.

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

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

Median home values decreased by 6.102% to 1,419,834 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.124% in 2021
  • 17.064% in 2022
  • 15.794% in 2023
  • 17.954% in 2024
  • 16.224% in 2025
  • 18.344% in 2026

Based on our Franklin Lakes real estate market research and report the predicted sales prices will increase by 359.894% in the next 10 years.

Over the last 12 months, the value of homes in Franklin Lakes fluctuated: increasing 4 times .

Franklin Lakes (New Jersey) 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 Lakes Housing Market Forecast with Real Estate Prices for 2025
August 2025 1562724 1408014 1717434
September 2025 1571589 1472579 1670599
October 2025 1580505 1436679 1724331
November 2025 1589471 1506818 1672123
December 2025 1598488 1486594 1710382
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2026
January 2026 1604225 1496742 1711708
February 2026 1608741 1526695 1690787
March 2026 1616874 1495609 1738140
April 2026 1626047 1469946 1782147
May 2026 1635271 1538790 1731752
June 2026 1644548 1516273 1772823
July 2026 1653878 1526529 1781226
August 2026 1663260 1548495 1778025
September 2026 1672696 1584043 1761348
October 2026 1682185 1562750 1801620
November 2026 1691728 1534397 1849058
December 2026 1697073 1540943 1853204
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2027
January 2027 1695589 1595550 1795629
February 2027 1695818 1534715 1856921
March 2027 1698382 1569305 1827459
April 2027 1703170 1532853 1873487
May 2027 1706307 1535677 1876938
June 2027 1701836 1538460 1865213
July 2027 1698628 1569532 1827724
August 2027 1701491 1589193 1813789
September 2027 1711143 1608475 1813812
October 2027 1720851 1560812 1880890
November 2027 1730613 1609470 1851756
December 2027 1740431 1629043 1851818
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2028
January 2028 1745507 1588412 1902603
February 2028 1754597 1601947 1907247
March 2028 1764368 1654977 1873759
April 2028 1774377 1644847 1903906
May 2028 1782008 1692908 1871109
June 2028 1790723 1624186 1957261
July 2028 1800882 1656811 1944953
August 2028 1811098 1639044 1983153
September 2028 1821373 1728483 1914263
October 2028 1831705 1696159 1967251
November 2028 1836090 1669006 2003174
December 2028 1835141 1682825 1987458
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2029
January 2029 1839682 1692508 1986857
February 2029 1844143 1670794 2017493
March 2029 1850712 1741520 1959904
April 2029 1849185 1679060 2019310
May 2029 1859676 1751814 1967537
June 2029 1866208 1737440 1994976
July 2029 1876795 1698499 2055090
August 2029 1887442 1730784 2044100
September 2029 1898149 1769075 2027223
October 2029 1907630 1800803 2014457
November 2029 1918452 1789916 2046988
December 2029 1929335 1815505 2043166
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2030
January 2030 1940280 1757894 2122667
February 2030 1951287 1769818 2132757
March 2030 1962357 1850503 2074211
April 2030 1973489 1837319 2109660
May 2030 1980572 1800340 2160805
June 2030 1986148 1799450 2172846
July 2030 1996189 1824517 2167862
August 2030 2007514 1905131 2109897
September 2030 2018902 1885655 2152150
October 2030 2030355 1908534 2152177
November 2030 2041873 1882607 2201140
December 2030 2053457 1880966 2225947
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2031
January 2031 2065106 1949460 2180752
February 2031 2076821 1962596 2191046
March 2031 2088603 1883920 2293286
April 2031 2095203 1906634 2283771
May 2031 2093371 1967768 2218973
June 2031 2093653 1965940 2221366
July 2031 2096819 1943751 2249887
August 2031 2102729 1907175 2298283
September 2031 2106603 1969674 2243532
October 2031 2101083 1895177 2306989
November 2031 2097122 1967101 2227144
December 2031 2100657 1964114 2237199
Franklin Lakes Housing Market Forecast with Real Estate Prices for 2032
January 2032 2112574 1973144 2252003
February 2032 2124558 1918476 2330640
March 2032 2136611 1927223 2345998
April 2032 2148731 1994023 2303440
May 2032 2154999 1986909 2323089
June 2032 2166222 2016752 2315691
July 2032 2178284 2060657 2295912

> 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.