States · Connecticut · New London County

Franklin, Connecticut.

Typical home $419,017 (+7.3% in a year). Norwich-New London, CT metro.

What it costs per month · Franklin $2,199/mo

to buy the typical home at today's mortgage rate — +$1,347 (+158%) since Jan 2020.

What the home itself did
1 year
Up $28,417 +7%
$390,600$419,017 since Sep 2025
5 years
Up $125,993 +43%
$293,024$419,017 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Franklin $2,199 Connecticut $2,348 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Franklin$2,199
  • Connecticut$2,348
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in Franklin, CT rose 7.3% over the past year — faster than the nation's +1.2%.

Franklin home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 $400,000 $450,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 Franklin $419,017 Connecticut $447,319 United States $366,157
$250,000 $300,000 $350,000 $400,000 $450,000 2018 2022 2026
  • Franklin$419,017
  • Connecticut$447,319
  • United States$366,157

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

4 6 8 2026 Franklin 9
4 6 8 2026
  • Franklin9

Zip codes with a Franklin address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Franklin — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Franklin