Market Spotlight / Franklin Lakes
Bergen County · Residential Market

Franklin Lakes

Population 11,084 · median home value $1,264,000 — a closer look at where the Franklin Lakes market stands today.

Bergen County, NJ · municipal boundaries per U.S. Census Bureau TIGER/Line data

By The Numbers

Franklin Lakes at a glance

Demographic snapshot for Franklin Lakes, NJ.

Population
11,084
people
Homeownership Rate
88.9%
Median Property Value
$1,264,000
Median Age
46.3
years
Median Household Income
$235,795
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year Estimates (fetched live for this page).
Current Month
Residential Market · August 2026

August 2026 market update

Franklin Lakes closed August with 8 sales and a median price of $1,766,000. Homes lingered longer than usual this month — averaging 131 days on market — and sold for about 98.2% of list price. The NJMLS Matrix report counted 51 active listings for the month.

Median Sale Price
$1,766,000
98.2% of list price
Range $1.25M–$4.375M
Homes Sold
8
NJMLS Matrix, August 2026
Active Listings
51
NJMLS Matrix count, August 2026
Avg. Days on Market
131
From list to accepted offer
Market Pace · Based on Days on Market & Close/List Ratio
Seller's Market Balanced Buyer's Market
Source: NJMLS Matrix Statistics Report — Franklin Lakes, Single Family Residential, August 1–31, 2026. August is the most recently completed month as of this update (Sept 17, 2026); September 2026 is still in progress and is excluded from this snapshot. Compiled by Hera Realty Group; deemed reliable but not guaranteed.
Residential Market · Year-to-Date 2026

By property type

Franklin Lakes' 2026 year-to-date sales (January 1–August 31, 2026) are led by single-family homes; condo and townhome activity is minimal, and 2–4 family properties recorded no sales so far this year.

Single Family Residential

Median Sale Price
$1,830,000
98.1% of list price
Homes Sold
76
Range $580K–$4.85M
Avg. Days on Market
46
New Listings
122
Year-to-date Jan 1–Aug 31, 2026 · NJMLS Matrix

Condo / Townhome / Co-op

Median Sale Price
$2,012,500
102.0% of list price
Homes Sold
4
Range $929K–$2.44M
Avg. Days on Market
11
New Listings
7
Year-to-date Jan 1–Aug 31, 2026 · NJMLS Matrix

2–4 Family

Median Sale Price
n/a
Homes Sold
0
Avg. Days on Market
n/a
New Listings
n/a
No sales recorded, year-to-date 2026
Source: NJMLS Matrix, Bergen County/Franklin Lakes filter — Single Family, Condo/Townhome/Co-op and 2–4 Family, January 1–August 31, 2026. Avg. Days on Market and New Listings are shown for Single Family and Condo/Townhome; 2–4 Family is marked n/a as no sales were recorded. 2–4 Family has minimal presence in Franklin Lakes's housing stock; zero sales were recorded for this property type year-to-date.
2026 Trend

This year at a glance

Every metric tracked month by month as the year builds, Single Family and Condo/Townhome side by side. Switch between stats below — bars fill in as each month is recorded; a dashed outline means no sale that month (or not yet pulled from the NJMLS).

Franklin Lakes · 2026 monthly tracking

$2.08M
–
$1.48M
$2.15M
$3.0M
–
$1.44M
$2.44M
$1.6M
$1.4M
$2.23M
–
$1.9M
–
$1.77M
–
–
–
–
–
–
–
–
–
5
0
9
1
7
0
9
1
7
2
12
0
19
0
8
0
–
–
–
–
–
–
–
–
48
2
43
1
48
4
52
4
62
1
64
1
52
1
51
1
–
–
–
–
–
–
–
–
25
–
34
11
83
–
35
8
34
13
32
–
27
–
131
–
–
–
–
–
–
–
–
–
JanFebMarAprMayJun JulAugSepOctNovDec
Single Family  ·  Condo/Townhome  ·  No sale / not yet recorded  ·  Bars reflect Jan–Aug 2026, the completed months for the year; September 2026 is still in progress as of this update and is excluded here so only fully closed months are compared. Condo/Townhome activity was very light this year (4 closed sales total), so most months show no bar for that series.
Monthly History

Market update archive

Previous months, kept for reference. Click a month to expand its full snapshot.

July 2026
Median $1,900,000Sold 19Active 52Condo No sales
▾
Single Family
Median Sale Price
$1,900,000
99.8% of list price
Homes Sold
19
Range $775K–$4.6M
Active Listings
52
Avg. Days on Market
27
Condo / Townhome
No condo/townhome closings recorded in Franklin Lakes this month. 1 unit stayed active on the market.
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse.
June 2026
Median $2,225,000Sold 12Active 64Condo No sales
▾
Single Family
Median Sale Price
$2,225,000
97.4% of list price
Homes Sold
12
Range $580K–$4.85M
Active Listings
64
Avg. Days on Market
32
Condo / Townhome
No condo/townhome closings recorded in Franklin Lakes this month. 1 unit stayed active on the market.
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse.
May 2026
Median $1,600,000Sold 7Active 62Condo Median $1,402,000
▾
Single Family
Median Sale Price
$1,600,000
98.6% of list price
Homes Sold
7
Range $1.226M–$4.725M
Active Listings
62
Avg. Days on Market
34
Condo / Townhome
Median Sale Price
$1,402,000
~102.3% of list price
Homes Sold
2
Range $929K–$1.875M
Active Listings
1
Median Days on Market
13
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse.
April 2026
Median $1,436,000Sold 9Active 52Condo Median $2,440,000
▾
Single Family
Median Sale Price
$1,436,000
97.8% of list price
Homes Sold
9
Range $826K–$2.565M
Active Listings
52
Avg. Days on Market
35
Condo / Townhome
Sale Price
$2,440,000
103.8% of list price (1 sale)
Homes Sold
1
$2,440,000
Active Listings
4
Days on Market
8
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse.
March 2026
Median $3,000,000Sold 7Active 48Condo No sales
▾
Single Family
Median Sale Price
$3,000,000
95.9% of list price
Homes Sold
7
Range $887K–$4.85M
Active Listings
48
Avg. Days on Market
83
Condo / Townhome
No condo/townhome closings recorded in Franklin Lakes this month. 4 units stayed active on the market.
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse.
February 2026
Median $1,475,000Sold 9Active 43Condo Median $2,150,000
▾
Single Family
Median Sale Price
$1,475,000
97.6% of list price
Homes Sold
9
Range $750K–$4.5M
Active Listings
43
Avg. Days on Market
34
Condo / Townhome
Sale Price
$2,150,000
100.0% of list price (1 sale)
Homes Sold
1
$2,150,000
Active Listings
1
Days on Market
11
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse.
January 2026
Median $2,075,000Sold 5Active 48Condo No sales
▾
Single Family
Median Sale Price
$2,075,000
98.0% of list price
Homes Sold
5
Range $1.25M–$4.6M
Active Listings
48
Avg. Days on Market
25
Condo / Townhome
No condo/townhome closings recorded in Franklin Lakes this month. 2 units stayed active on the market.
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family and Condo Coop Townhouse. Only 5 closed sales recorded this month — a small sample.
December 2025
Median $1,350,000Sold 9Active 45
▾
Median Sale Price
$1,350,000
100.5% of list price
Homes Sold
9
Range $650K–$3.05M
Active Listings
45
Avg. Days on Market
64
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
November 2025
Median $1,562,500Sold 6Active 57
▾
Median Sale Price
$1,562,500
104.1% of list price
Homes Sold
6
Range $955K–$2.3M
Active Listings
57
Avg. Days on Market
17
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family. Only 6 closed sales recorded this month — a small sample.
October 2025
Median $1,600,000Sold 15Active 61
▾
Median Sale Price
$1,600,000
97.8% of list price
Homes Sold
15
Range $875K–$3.775M
Active Listings
61
Avg. Days on Market
32
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
Source: NJMLS Matrix Statistics Report — Franklin Lakes, Residential/Single Family, generated per calendar month for each row above, October 2025 through July 2026. Active Listings reflects the NJMLS Matrix monthly count for each period shown; no month in this range was missing an Active Listings figure. Close/List price ratios and sale price ranges for archive months are calculated from the same NJMLS Matrix closed-sale records as the current month figure.
Thinking About Franklin Lakes?

Get a custom read on your property

Want to know what these numbers mean for your specific home or search? Schedule a free, no-pressure consult.

Schedule Free Consult Browse Other Towns
Previous

Allendale
Next

Glen Rock