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Updated July 2026Zillowmonthly

45005 Real Estate Market Update: Franklin, OH, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 45005 in Franklin, Ohio, for July 2026: a $245K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$245K
Median sale price, July 2026
$265K
A year earlier, in 2025
15
Days to pending
99.7%
Sale-to-list
ZIP 45005, Franklin, OH, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$245K▼ -1.5%▼ -7.4%
Days to pending15▼ -28.6%▼ -28.6%
Homes for sale100▲ +14.9%▲ +38.9%
Sale-to-list99.7%▲ +0.8%n/a
New listings54▲ +10.2%▲ +45.9%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 45005 numbers say

The 45005 ZIP in Franklin is cooling. The median sale price sits at $244,986, 7.4% below last year. Homes here move fast: a typical listing goes under contract in about 15 days, and sellers are getting 99.7% of list price.

With 100 homes for sale and 54 new listings this month, 45005 is currently an active market.

What this means if you sell in 45005

Use these figures to set expectations early with each client. Lead a listing appointment with the $245K median price and the 15-day pace, show the year-over-year direction, and frame 45005 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 45005 market

We built LOKAL to pull 45005's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $245K median sale price, -7.4% year over year, a 99.7% sale-to-list ratio and a -1.5% month-over-month move with 100 homes for sale. That compares with roughly $265K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 45005 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 45005 housing market

What is the median home price in ZIP 45005 (Franklin, OH)?
As of July 2026, the median sale price in ZIP 45005 is $244,986 (-7.4% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 45005 a buyer's or seller's market right now?
ZIP 45005 is currently an active market, based on a 99.7% sale-to-list ratio, about 15 days on market for July 2026.
How long do homes take to sell in ZIP 45005?
A typical listing in 45005 goes under contract in about 15 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 45005 market data come from?
All figures for 45005 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.