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Area data

Franklin, MN — ZIP 55333

Population: 698 (Census ACS)

The median home value in ZIP 55333 (Franklin, MN) is $169,668 — up 12.7% over the past year. Homes sell for a median $201,000 after a median 20 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, drought, hail the top-rated hazards. Cost of living is 1.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$169,668

Median home value

+12.7%

1-year change

20

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$169,668
1-year appreciation
+12.7%
3-year appreciation
+5.3%
5-year appreciation
+12.3%
All-time peak (2026-03)
$173,823
House Price Index (state)
442.4 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$201,000
Median list price
$176,950
Median price per sqft
$112
1-year sale-price change
+50.6%
Median days on market
20 days
Homes sold (recent period)
1
Sale-to-list ratio
103.1%
Active listings
1

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$854/mo
1BR fair-market rent
$859/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,404/mo
4BR fair-market rent
$1,695/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
98.6 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Avg student-teacher ratio
9.7 : 1
Schools include
CEDAR MOUNTAIN ELEMENTARY

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, drought, hail, strongWind, winterWeather
Notable hazard ratings (county)
hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Low · coldWave: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low
Wildfire risk to homes (county)
Higher than 12% of US counties
Buildings in wildfire direct-exposure zone
32.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
30.3 in
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
10
Nearest airport
Lothert's Farm Strip (7 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (10 mi)
Hospitals nearby (~15 mi)
12
Hospitals include
CENTRACARE- RICE MEMORIAL HOSPITAL, CHILD AND ADOLESCENT BEHAVIORAL HEALTH HOSPITAL, HUTCHINSON HEALTH
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
12
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+4 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,957
Housing built before 1970
65.4%
Housing built 2000 or later
8.1%
Median annual property tax
$1,625
Households with broadband internet
67.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,173
Average weekly wage
$1,155
Top industries (by employment)
Construction, Accommodation & Food, Professional Services
Annual residential building permits (county)
10

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 55333State medianUS median
Median home value$169,668$300,176$288,527
Median sale price$201,000$315,500$325,000
Median days on market20 days39 days51 days
Median annual property tax$1,625$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 55333?
$169,668.
What is the median sale price in ZIP 55333?
$201,000.
How long do homes take to sell in ZIP 55333?
Median days on market: 20 days.
What is typical rent in ZIP 55333?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 55333?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, drought, hail, strongWind, winterWeather.
What is the wildfire risk in ZIP 55333?
Risk to homes is higher than 12% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 55333?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 55333?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 55333?
1 schools (1 elementary) (NCES, 2022-23).
What is the cost of living in ZIP 55333?
Regional Price Parity: 98.6 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents