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Foreclosure Homes in Franklin, MN

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Franklin, MN Foreclosures

Current Market Conditions in in Franklin, MN As of May 2026?
Home values: -0.54% MoM; rent: +0.00% MoM.
How much do homes sell for in Franklin, MN?
The average home price is currently $321,404.
In Franklin, MN, how many homes are available?
There are currently 1 active home listings available in Franklin.
What’s the average rental cost in Franklin, MN?
The average rental price in Franklin is $1,084.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $4,782,746.
What is currently the cheapest priced home in Franklin, MN?
The cheapest home for sale in Franklin is priced at $13,473.

Living in Franklin, MN

Franklin, MN is a small Minnesota River Valley community with an affordable housing profile, rural acreage opportunities, and access to regional services in Redwood Falls, Olivia, Morgan, Fairfax, and Morton.

Buyer vs Seller Market in Franklin, MN

Median home value: $147,968 as of 2026-05-14.

Median rent: $1,030 as of 2026-05-14.

Home values: -0.54% MoM, -2.18% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Franklin, MN

There are currently 320 real estate properties in Franklin, MN, with a median automated valuation model (AVM) price of $147,968.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, MN, is $321,404.00, with the most expensive house in Franklin, MN, topping out at $4,782,746.00 and the cheapest home in Franklin, MN, clocking in at $13,473.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, MN!

Rent Prices In Franklin, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, MN, is on a rollercoaster ride. The average rent price in Franklin, MN, is $1,084.00. Indeed, when looking to rent in Franklin, MN, you can expect to pay as little as $720.00 or as much as $1,760.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Franklin, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, MN Foreclosures


Market Trend for Franklin, MN

Total Listings Available: 1

Market Values:

Home Prices from $13,473 to $4,782,746

Average Sales Price: $321,404

Rental Values:

Rental from $720 to $1,760

Average Rent Value: $1,084 / month

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