Homes, values and local insight for Franklin, New London County, Connecticut. Typical home value $422,000.
Reviewed and updated October 3, 2026 by Ryan and Megan Winslow, Winslow Homes
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Franklin is a town in New London County, Connecticut, home to about 1,900 people across 19.7 square miles of land. The median household income is $100,000 and 86% of households own their home. The median home was built in 1973.
Nearby you will find Sprague, Lebanon, Bozrah. Ryan and Megan help buyers compare Franklin with these towns on price, commute and lifestyle.
The typical home in Franklin is worth $422,000, 2% below the New London County typical value of $433,000 and 6% below the Connecticut typical value of $451,000.
Zillow Home Value Index for Franklin, August 2026. The middle of the market for single family homes and condos.
Home values in Franklin moved +41.7% over five years and +100.8% over ten.
Median gross rent in Franklin. Useful for investors running rental numbers.
Share of occupied homes in Franklin lived in by the owner.
Older homes often need inspection focus on roof, systems and windows.
Median household income in Franklin.
Ryan and Megan are mortgage bankers with The Federal Savings Bank, lending in all 50 states. You get the home and the loan from one team. On a typical Franklin home of $422,000:
Ryan and Megan price Franklin homes from recent sales, not guesses. Send your address and you get a free market analysis, with no obligation.
Typical value $374,000 · 2,948 residents
Area guide →Typical value $429,000 · 7,141 residents
Area guide →Typical value $407,000 · 2,426 residents
Area guide →Typical value $306,000 · 39,993 residents
Area guide →Typical value $382,000 · 1,598 residents
Area guide →Typical value $333,000 · 24,105 residents
Area guide →See the full New London County real estate guide or the Connecticut real estate guide.
The Zillow Home Value Index for Franklin was $422,000 in August 2026, +7.4% over the past year.
Franklin is in New London County, Connecticut.
About 1,900 people as of the 2024 Census Bureau estimate, up from 1,862 in 2020.
Ryan and Megan Winslow of Winslow Homes have sold over 3,000 homes since 2009 and are licensed in Florida, Massachusetts, Connecticut and Rhode Island. Call or text 386-690-5858.
Apply at www.winslowloan.com. Ryan and Megan are mortgage bankers with The Federal Savings Bank and lend in all 50 states, including FHA, VA and conventional loans.
86% of occupied homes in Franklin are owner occupied, based on the 2019 to 2023 American Community Survey.
17 years, over 3,000 homes sold, and one team for the home and the loan. Call or text 386-690-5858.
Sources: U.S. Census Bureau 2024 population estimates and 2019 to 2023 American Community Survey; Zillow Home Value Index, August 2026. Numbers update as new data is released. Talk to Ryan and Megan for current sold prices on your street.
No in-person meeting or phone call needed for most addresses. See your estimated value, price range and value trend in seconds.
Get coming-soon homes, pocket listings and price drops in Franklin, CT before they hit the big home search sites.
The typical home in Franklin is worth $422,360 as of August 2026 in ZIP code 06254. Values moved +7.3% over the last 12 months at the middle ZIP code.
| ZIP | Typical value | 12 months | 5 years | Median sale, Mar to May 2026 | Days on market |
|---|---|---|---|---|---|
| 06254 | $422,360 | +7.3% | +41.4% |
Sources: Zillow Home Value Index through August 2026 and the Redfin Data Center ZIP code tracker, March to May 2026. Ask Ryan and Megan for a value for your own home.
