Living in Franklin Square
Key metrics and insights for homebuyers and sellers evaluating Franklin Square, Nassau County, NY 11010.
How far is Franklin Square from New York City by train?
From Nassau Boulevard Station on the LIRR Hempstead Branch, scheduled weekday AM-peak service takes about 42 minutes to Penn Station, 39 minutes to Grand Central Madison, 42 minutes to Atlantic Terminal in Brooklyn (MTA LIRR timetable data).
Is Franklin Square walkable?
Franklin Square has a Walk Score of 89 out of 100, which Walk Score rates "Very Walkable", and a Transit Score of 43 out of 100.
Nearby Long Island Rail Road stations and typical weekday AM-peak travel times to the Manhattan and Brooklyn terminals. Many Franklin Square residents use whichever station best fits their branch and schedule.
AM-peak travel times on scheduled LIRR service to Penn Station, Grand Central Madison, and Atlantic Terminal (Brooklyn). Based on MTA LIRR public timetable data.
Franklin Square Market Data
Current market conditions and pricing trends for Franklin Square, Nassau County, NY.
Single-family, condo and co-op homes are measured separately — these medians are never blended together. Based on 157 recorded closings in ZIP 11010 between Sep 10, 2025 and Sep 10, 2026 — a settled trailing twelve months, ending about a month back so late-recorded closings are counted rather than missed. Days on market are medians, not averages. A property type with fewer than 8 closed sales in that window is left out rather than published on a sample too thin to mean anything.
Prices in 11010 have tracked sideways over the past 2 years — the monthly median has moved between $701K and $885K and sits near $800K, with no clear directional trend taking hold. Homes here have lately been going under contract in roughly 38 days.
Based on information from OneKey® MLS, for the period October 8, 2025 through October 2, 2026. Source: OneKey MLS (recorded LI sales, trailing 12mo) + actual tax. Based on 139 recorded sales. Property tax values shown are algorithmic estimates calculated from official NY State ORPS / NYC Department of Finance assessment data aggregated by school district (Long Island) or ZIP code (NYC). These figures are an educational baseline and do not represent a guaranteed or binding tax bill. Actual taxes vary based on individual assessed value, applicable exemptions (STAR, Senior, Veteran), historical grievances, village overlays, and special district levies. Verify exact tax with the Nassau County Assessor / Suffolk County Comptroller / NYC Department of Finance before any financial commitment.
Across 9 years of county-clerk records, 122 homes in the Franklin Square school district were bought by a company and resold within two years. Over the whole period the typical one was bought for $416,000 and resold for $650,000, a median of 10 months later.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +4.9%, so most of the difference is not the market carrying the house.
What these homes resold for moved from a median of $499,000 in 2017 to $849,200 in 2025, up about 70% over the period.
The pandemic years cut against the intuition that investors moved in. Companies bought 10.2% of homes here in 2019, then 5.6% in 2020 and 7.4% in 2021 — the lowest share of the 9 years. In the two years when buyers competed hardest, companies won a smaller share, not a larger one. The number bought and resold within two years fell with it, from 16 in 2019 to 13 in 2021.
Since then it has reversed. Company buying reached 10.8% in 2025 — above its pre-pandemic level, while the market cooled.
In 2025, 12 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $550,000 and resold for a median of $849,200. Measured house by house, the typical resale was 43% above what that same buyer had paid, a median of 10 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +4.9%, so most of the difference is not the market carrying the house.
Companies bought 10.8% of the 194 homes sold in the Franklin Square school district that year (21 of them).
In 2024, 6 homes in the Franklin Square school district were resold by a company that had bought them within two years — too few to quote a typical price from.
Companies bought 13.2% of the 190 homes sold in the Franklin Square school district that year (25 of them).
In 2023, 18 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $455,000 and resold for a median of $725,000. Measured house by house, the typical resale was 52% above what that same buyer had paid, a median of 8.8 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +4.5%, so most of the difference is not the market carrying the house. 6% resold for less than they paid.
Companies bought 6.2% of the 209 homes sold in the Franklin Square school district that year (13 of them).
In 2022, 11 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $470,000 and resold for a median of $790,000. Measured house by house, the typical resale was 65% above what that same buyer had paid, a median of 12 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +4.4%, so most of the difference is not the market carrying the house.
Companies bought 8.4% of the 273 homes sold in the Franklin Square school district that year (23 of them).
In 2021, 13 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $350,000 and resold for a median of $671,000. Measured house by house, the typical resale was 69% above what that same buyer had paid, a median of 8.0 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +9.8%, so most of the difference is not the market carrying the house. 8% resold for less than they paid.
Companies bought 7.4% of the 337 homes sold in the Franklin Square school district that year (25 of them).
In 2020, 19 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $395,500 and resold for a median of $580,000. Measured house by house, the typical resale was 61% above what that same buyer had paid, a median of 11 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +6.2%, so most of the difference is not the market carrying the house. 16% resold for less than they paid.
Companies bought 5.6% of the 233 homes sold in the Franklin Square school district that year (13 of them).
In 2019, 16 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $425,250 and resold for a median of $590,000. Measured house by house, the typical resale was 39% above what that same buyer had paid, a median of 10 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +2.9%, so most of the difference is not the market carrying the house. 13% resold for less than they paid.
Companies bought 10.2% of the 285 homes sold in the Franklin Square school district that year (29 of them).
In 2018, 19 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $353,000 and resold for a median of $532,500. Measured house by house, the typical resale was 58% above what that same buyer had paid, a median of 12 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +3.9%, so most of the difference is not the market carrying the house. 16% resold for less than they paid.
Companies bought 7.1% of the 296 homes sold in the Franklin Square school district that year (21 of them).
In 2017, 8 homes in the Franklin Square school district were resold by a company that had bought them within the previous two years. They were bought for a median of $299,000 and resold for a median of $499,000. Measured house by house, the typical resale was 72% above what that same buyer had paid, a median of 6.2 months earlier.
That difference is gross. Renovation, carrying, financing and selling costs are not recorded anywhere public, so it is the change in price, not a profit. Over a hold of that length prices across the county moved about +5.3%, so most of the difference is not the market carrying the house. 13% resold for less than they paid.
Companies bought 10.3% of the 271 homes sold in the Franklin Square school district that year (28 of them).
Source: property transfers recorded with the county clerk, which cover every sale rather than only those listed for sale. Filings reach the state months after closing, so these figures run to December 2025 and describe what has already happened rather than the market today.
Between 2017 and December 2025, 339 homes in the Franklin Square school district passed between family members rather than being sold — about 19 for every 100 that sold on the open market.
81% of them recorded no price at all, so they appear in no market statistic, no listing history and no sold comparable. They are counted here because the transfer itself is filed with the county clerk, whether or not money changed hands.
Counted from the reason recorded on each transfer with the county clerk, not from the price. Transfers filed only to add or remove a name on the deed are excluded — those are paperwork, not a change of owner. Where a filing gives no reason it is not counted, so these are minimum counts rather than a complete rate, and they run to December 2025.
Of the 31 homes for sale in Franklin Square today, 8 are now asking less than they originally asked — 25.8%, against 35.4% across Nassau County. 1 seller has raised their asking price.
And among the homes that actually sold
Among the 159 homes that sold in Franklin Square over the last twelve settled months, 23.3% had cut their price before they sold — up from 21.2% over the same twelve months a year earlier.
What each group got
Over those same twelve months, the 122 Franklin Square homes that sold without ever reducing achieved 101.9% of their asking price in a median of 19 days. The 37 that did reduce achieved 93.4% of what they first asked, after 63 days.
Homes that never reduced and homes that did are different homes, priced differently from the start — these figures describe what each group did, not what a reduction causes. How any individual home performs depends on condition, layout, its position within Franklin Square and how it shows, none of which a market median can capture.
Measured from the OneKey MLS feed, updated daily. A home counts as reduced when its current asking price is below the price it was first listed at — not against an estimate or against other homes. The for-sale figures describe homes available today; the sold figures describe closed sales between September 2025 and August 2026.
What This Means for Sellers
Franklin Square reads as a Seller's Market: about 2.3 months of single-family supply, and homes sold in a median of 29 days over the past 12 months. If you're considering selling, this market rewards strategic pricing — not overpricing. A properly positioned listing will attract qualified buyers and maximize your net proceeds.
What This Means for Buyers
Buyers in Franklin Square should be prepared to act quickly and come with strong offers. Pre-approval is essential, and buyers are generally better served retaining their own real estate attorney early to review the negotiation and contract. Expect competition, but don't overpay — there's a difference between being competitive and being reckless.
The listings that did not sell asked a median of $899,999 — 12% above the $800,000 median of the homes that closed. Counted over the trailing twelve months: every listing that closed, expired, was withdrawn or was terminated. Listings still active or under contract are not counted on either side. If the feed does not retain every withdrawn listing, the real figure is higher than the one shown, never lower.
Based on information from OneKey® MLS, for the period September 10, 2025 through September 10, 2026.
Flood informationFranklin Square: FEMA flood dataMedian NFIP cost, single-family homes, ZIP 11010: $830 a year (Aug 2026)
Based on 15 policies, a small sample.
Median yearly cost by FEMA zone: moderate- to low-risk zones (X, B, C) $830 (15 policies, small sample).
Cost trend, Nassau County
Median yearly cost of single-family NFIP policies taking effect each month.
In Nassau County, the typical monthly median yearly cost of single-family NFIP policies taking effect in June through August 2026 was $1,600, 8% higher than the typical month in June through August 2025 ($1,470). Based on 8,380 and 8,745 policies.
FEMA flood-loss ratings
FEMA's National Risk Index rates each census tract's expected yearly losses from flooding against every census tract in the country. For the 6 census tracts in Franklin Square (Census-designated place):
Coastal flooding
- No expected annual losses 6
Inland flooding (heavy rain, streams)
- Relatively Moderate 3
- Relatively Low 3
Check a specific address
Look up the FEMA flood zone for any address: FEMA Flood Map Service Center · FloodSmart (FEMA).
Flood data for Nassau County: costs by ZIP, trend and FEMA ratings →Calculated from FEMA policy data (as of Sep 8, 2026) and FEMA's NFIP residential penetration rates; ratings are FEMA's own labels from the National Risk Index (December 2025). Yearly cost is premium plus FEMA fees, single-family NFIP policies only; the insured share is residential NFIP contracts as a share of all residential buildings. Private flood insurance is not included. Not a flood-zone determination, insurance advice or a quote. Each building is priced individually.
What It's Like Living in Franklin Square
Franklin Square is one of Nassau County's most established residential communities, offering a distinctive blend of suburban character and metropolitan accessibility. Located in the 11010 zip code, the community.
With a median home price of $800,000 and a median recorded property tax of $10,900 annually, Franklin Square pairs an established housing stock with direct access to New York City. The commute to Manhattan averages approximately 39 min via the Long Island Rail Road.
Joseph's Insider Guide to Franklin Square
Direct answers informed by 5,000+ closed transactions across Nassau, Suffolk, Queens and Brooklyn — not the canned content you'd find on any listing portal.
Is Franklin Square a good place to live for commuters?
The LIRR connects Franklin Square to Penn Station and Grand Central Madison in approximately 39 min, and the neighborhood carries a transit score of 43/100. Peak express service, station parking and walk-to-station distance vary by address, and those three factors decide what a commute actually looks like day to day.
What are property tax trends in Franklin Square, NY?
Franklin Square homeowners pay a median of approximately $10,900 a year in property taxes — the median of the tax figures actually recorded on homes sold here, not an estimate. The bill funds school-district, county, town, and special-district services. Taxes are assessed parcel by parcel, so two similar homes on the same street can carry very different bills — confirm the actual assessment on a specific address before relying on it.
Is now a good time to buy or sell in Franklin Square?
Franklin Square is currently a Seller's Market, with homes selling in about 29 days. Prices have moved +4% year-over-year. Timing decisions depend on your specific situation — contact Joseph for a no-cost strategy session tailored to your property and goals.
What makes Franklin Square different from other Nassau County communities?
Franklin Square is a long-established community served by local public schools. Prices and activity vary by property type, school district, condition and price band; the figures above show where this market stands now.
What should buyers know before making an offer in Franklin Square?
School district boundaries in Franklin Square often run street by street — two blocks can mean a different school zone, so confirming a home's exact attendance zone before you make an offer matters. As an Associate Broker who is also an attorney, Joseph reads title and contract details differently than most agents — and when the facts of a deal are in front of him, he knows what's worth asking about. (Not a substitute for your own attorney's representation.)
Is Franklin Square walkable for everyday living?
Franklin Square has a Walk Score of 89/100, measured at a single point near the centre of Franklin Square. Walkability varies street by street, so check the score for a specific address; the LIRR provides Manhattan access in approximately 39 min.
Planning a Move to Franklin Square?
Get the Franklin Square Relocation Guide — schools, commute options, live market data, and insider neighborhood details compiled by an Associate Broker who is also an attorney.
Explore Franklin Square
The latest from Franklin Square — local news, community events, and neighborhood highlights.
Franklin Square on the Map
Explore Franklin Square and nearby areas. Zoom in to see neighborhoods, schools, transit, and local amenities.
Looking to Buy in Franklin Square?
Browse available properties or let Joseph find the right home for you — with the read of an Associate Broker who is also an attorney.
Homes for Sale in Franklin Square, NY
31 active listings currently on the market in Franklin Square. Data refreshed from the MLS in real time.
Active 3d
Cape Cod
Active 21d
Cape Cod
Active 3d
Colonial
Active 50d
Cape Cod
Active 3d
Contemporary
Active 17d
Colonial
Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 10, 2026 7:30 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Personal-use terms and which listings this site shows: MLS & Data Disclosures
Showing 6 of 31 active listings
View All 31 Listings in Franklin SquareRecently Closed in Franklin Square
71 closed sales found. Recent transactions provide real-world context for current market values. For a full Comparative Market Analysis of your property, request a complimentary CMA.
← swipe to view all →
| Address | Type | Beds / Ba | Sq Ft | Closed | Sale Price | $/Sq Ft | DOM |
|---|---|---|---|---|---|---|---|
| Cape Cod | 4 bd / 1 ba | 1,274 | — | Sign in to view | — | 7d | |
| Cape Cod | 3 bd / 1 ba | 1,173 | — | Sign in to view | — | 0d | |
| Colonial | 4 bd / 4 ba | 2,068 | — | Sign in to view | — | 13d | |
| Colonial | 5 bd / 4 ba | 2,526 | — | Sign in to view | — | 3d | |
| Ranch | 2 bd / 2 ba | 1,226 | — | Sign in to view | — | 4d | |
| Colonial | 4 bd / 3 ba | 1,620 | — | Sign in to view | — | 13d | |
| Craftsman | 4 bd / 3 ba | 2,033 | — | Sign in to view | — | 14d | |
| Tudor | 3 bd / 2 ba | 1,124 | — | Sign in to view | — | 41d | |
| Bungalow | 6 bd / 7 ba | 5,100 | — | Sign in to view | — | 47d | |
| Colonial | 4 bd / 3 ba | 1,879 | — | Sign in to view | — | 37d | |
| Colonial | 3 bd / 2 ba | 1,479 | — | Sign in to view | — | 22d | |
| Cape Cod | 4 bd / 1 ba | 974 | — | Sign in to view | — | 24d |
Source: OneKey MLS — Franklin Square closed sales, last 180 days. Verify all figures independently before making decisions.
Get Your Home’s Value →Franklin Square Real Estate FAQ
Expert answers to the most common questions about buying and selling in Franklin Square.
How much does it cost to buy a home in Franklin Square?
Is Franklin Square a good place to buy a home, and who is it right for?
What are property taxes like in Franklin Square, and can they be lowered?
What is the LIRR commute from Franklin Square to Manhattan?
What is the median home price in Franklin Square, and is it a buyer's or seller's market right now?
How are the schools in Franklin Square?
Why work with Joseph DeVito to buy or sell in Franklin Square?
Is a Franklin Square address always in the school district buyers expect?
How do Franklin Square school-district boundaries compare with Elmont and West Hempstead?
Why are property taxes so different between similar homes in Franklin Square?
Are Franklin Square property taxes high compared with Elmont, West Hempstead, and Nassau County overall?
What is the median sale price in Franklin Square compared with Elmont and West Hempstead?
Is Franklin Square selling faster or slower than the Nassau County market right now?
Do Franklin Square commuters usually compare the Stewart Manor or Malverne LIRR station?
What are the parking rules buyers should know at the Stewart Manor LIRR station near Franklin Square?
Is Franklin Square usually treated as part of the Valley Stream area, or as its own real-estate market?
How do Franklin Square buyers compare taxes and commute against Queens-border communities?
Is Franklin Square a buyer's or seller's market?
Are sellers cutting prices in Franklin Square?
What counts as a price reduction on this page?
Are price cuts in Franklin Square becoming more or less common?
Do homes that cut their price in Franklin Square sell for less?
Joseph DeVito is a New York Licensed Associate Real Estate Broker and a New York attorney. He does not act as both broker and attorney on the same transaction: here he acts as a real estate broker only, and he is not your attorney. Real estate services provided through Keller Williams Realty Greater Nassau are not legal representation. Everything on this site is general information for educational purposes only. It is not legal advice, it creates no attorney-client relationship, and it should not be relied on as legal advice — for advice about your own situation, consult your own attorney.
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How Franklin Square Fits Into the Nassau County Market
Franklin Square’s median sale price of about $800K sits about 4% below the Nassau County median of about $830K. These are whole-county figures over a settled trailing 12 months — the same data behind our full Nassau County reports.
County medians describe the wider market, not any specific property, and are not a valuation of a home in Franklin Square.
Markets Near Franklin Square
The closest Nassau County communities we track, with their current median sale price, median days on market, and market condition — useful for widening or narrowing a search.
Live OneKey MLS medians from recent closed sales, refreshed daily. Market condition reflects months of supply. Figures describe each market, not any specific home.
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Buy or Sell in Franklin Square, NY With an Associate Broker Who Knows Which Questions to Ask
Joseph DeVito has been part of more than 5,000 closed transactions across Nassau County, Suffolk County, Queens, and Brooklyn. As an Associate Broker who is also an attorney, he reads a deal differently than most agents — and when the facts of your Franklin Square deal are in front of him, he knows the contract and title questions worth asking.
Also explore: Buyer Resources · Selling Your Home · All Nassau County Communities · Nassau County Housing Market Outlook · Nassau County Days on Market Report · Nassau County School & Tax Breakdown