Current Price

$394,410

1 Month Forecast

â–² $417,202

1-Year Forecast *

â–² $438,633

5-Year Forecast *

â–² $531,893

"Is it a good time to buy homes in Franklin Park?" "Does investing in real estate in Franklin Park (New Jersey State, Somerset County) worth it?" According to our live Forecast System, buying a house in Franklin Park is a good short-term (1-year) investment*. The Franklin Park 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 Park" 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 Park in New Jersey State, Somerset County. If you are looking for homes for sale with good flipping profit, Franklin Park can be a profitable property investment option. The median price of an average house in Franklin Park was 394,410 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Franklin Park" area is 531,893 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +34.86% meaning that investing 100000 USD today may yield a profit of 34,858 USD by 2031.

Current Median Listing Price: 394,410 USD Median Listing Price Per Square Foot: 219 USD

Franklin Park 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 Park (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 Park Price Target

Franklin Park median home price target in 12 months: $438,633* (upside of 11.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $409,839 $415,271 $409,839 $415,271
2024 $363,843 $394,410 $363,843 $394,410
2023 $328,499 $361,583 $328,499 $361,583
2022 $299,956 $328,289 $299,956 $328,289
2021 $266,435 $297,364 $266,435 $297,364
2020 $249,898 $264,499 $249,898 $264,499
2019 $241,472 $248,897 $241,472 $248,897
2018 $231,979 $241,269 $231,979 $241,269
2017 $219,424 $231,631 $219,424 $231,631
2016 $0 $218,783 $0 $218,783
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Franklin Park Housing Market Forecast

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

The value of an average home (the listing price) in Franklin Park is $394,410 USD.

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

According to Walletinvestor the median price per square foot in Franklin Park is 219 USD.

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

Yes. The Franklin Park home prices may rise from 394,410 USD to 438,633 USD in one year.

Is it profitable to invest in Franklin Park homes?

Yes. The long-term profit potential is +11.21% in one year.

Will Franklin Park house prices fall / drop?

No. See above.

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

The predicted home sales price of a Franklin Park home in 2030 in Franklin Park is 511,008 USD.

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

The predicted home sales price of a Franklin Park home in 2035 in Franklin Park is 645,580 USD.

Will real estate prices decrease in Franklin Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Franklin Park is the 6603. largest city in the United States, located in New Jersey State.

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

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

Median home values decreased by 4.654% to 394,410 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 11.673% in 2021
  • 11.253% in 2022
  • 10.603% in 2023
  • 11.153% in 2024
  • 12.133% in 2025
  • 10.113% in 2026

Based on our Franklin Park real estate market research and report the predicted sales prices will increase by 189.427% in the next 10 years.

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

Franklin Park (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 Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 417202 392587 441817
September 2025 419141 385191 453092
October 2025 421090 381507 460672
November 2025 423048 401049 445046
December 2025 425014 396538 453490
Franklin Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 426990 390696 463284
February 2026 428780 400052 457508
March 2026 430570 392680 468460
April 2026 432572 391478 473666
May 2026 434583 412854 456312
June 2026 436603 395126 478081
July 2026 438633 407929 469338
August 2026 440672 398368 482977
September 2026 442721 406418 479024
October 2026 444779 418982 470577
November 2026 446847 410206 483489
December 2026 448925 415704 482145
Franklin Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 450671 424082 477261
February 2027 452628 419586 485670
March 2027 454248 412003 496493
April 2027 455241 425195 485287
May 2027 455533 410435 500631
June 2027 456179 429720 482637
July 2027 457704 426580 488828
August 2027 459832 427644 492021
September 2027 461970 434714 489226
October 2027 464118 423739 504496
November 2027 466275 425243 507308
December 2027 468443 430968 505919
Franklin Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 470621 446619 494623
February 2028 472809 438294 507324
March 2028 475007 444607 505407
April 2028 477215 431403 523028
May 2028 479434 437723 521145
June 2028 481663 449391 513934
July 2028 483902 437931 529873
August 2028 486152 452121 520182
September 2028 488412 445920 530904
October 2028 490682 442596 538769
November 2028 492964 444160 541767
December 2028 495255 470493 520018
Franklin Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 497558 461734 533382
February 2029 499871 457882 541860
March 2029 502052 465904 538200
April 2029 504386 465044 543728
May 2029 506731 461632 551830
June 2029 509087 462251 555923
July 2029 511008 467062 554955
August 2029 512297 483097 541498
September 2029 512411 461170 563653
October 2029 512702 466046 559358
November 2029 512994 475545 550443
December 2029 515379 465387 565371
Franklin Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 517775 467551 567999
February 2030 520182 492092 548272
March 2030 522600 482883 562318
April 2030 525030 484603 565457
May 2030 527471 481053 573888
June 2030 529682 502668 556696
July 2030 531893 503171 560616
August 2030 534366 503907 564825
September 2030 536850 503566 570135
October 2030 539346 485951 592742
November 2030 541854 495254 588453
December 2030 544373 494835 593911
Franklin Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 546904 492213 601594
February 2031 549446 494502 604391
March 2031 552001 506736 597265
April 2031 554567 508538 600596
May 2031 556725 510517 602933
June 2031 559142 526711 591572
July 2031 561143 517374 604912
August 2031 562370 514568 610171
September 2031 562730 524464 600996
October 2031 563528 508866 618190
November 2031 565413 535446 595380
December 2031 568041 527710 608372
Franklin Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 570682 536441 604923
February 2032 573335 534348 612322
March 2032 576001 521281 630721
April 2032 578679 537592 619765
May 2032 581369 549975 612763
June 2032 584072 539682 628461
July 2032 586787 542191 631383

> 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.