03231Franklin, NH Housing Market
The 03231 zip code, located in Franklin, NH, is currently classified as a balanced market..
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 03231 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Market analysis for 03231
The 03231 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 03231 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
110
Median income
$135,625/yr
Median age
57 years
Owner-occupied
91.1%
College grads
24.5%
Living in 03231
Zip code 03231 is home to approximately 110 residents. The median household income is $135,625 per year, which shapes the types of homes and amenities available in the area. With a median age of 57 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 91.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 24.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 03231.
Frequently asked questions about 03231
What is the median home price in 03231?
Median sale price data for 03231 is currently being compiled. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 03231 a buyer's or seller's market?
The 03231 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 03231?
Zip code 03231 has a population of approximately 110 residents. The median household income is $135,625 per year. About 91.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 03231?
Properties Incorporated provides comprehensive data for 03231 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 03231 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.
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