Zip Code: 02038 (Franklin, Massachusetts) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 02038 Zip Code (Franklin, Massachusetts) in February 2026 was $684,338.677. The month over month percentage change (MoM) was 0.25%, and the year over year percentage change (YoY) was 1.46%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 02038 zip code (Franklin, Massachusetts). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 02038 zip code (Franklin, Massachusetts).

You can see similar information for other Massachusetts zip codes, and for Massachusetts.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 02038 (Franklin, Massachusetts) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 02038 (Franklin, Massachusetts) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 372969.34957635816 0.60 4.14
Feb 2015 375371.8174947486 0.64 4.23
Mar 2015 377233.0613850346 0.50 4.27
Apr 2015 378653.23819228495 0.38 4.07
May 2015 379445.4550846777 0.21 3.71
Jun 2015 380024.96881580533 0.15 3.31
Jul 2015 380817.0766589429 0.21 3.11
Aug 2015 382455.4333602291 0.43 3.31
Sep 2015 384576.32390844147 0.56 3.79
Oct 2015 386263.9528830614 0.44 4.45
Nov 2015 387939.5770298363 0.43 4.91
Dec 2015 390125.0420453604 0.56 5.23
Jan 2016 392911.7337552093 0.71 5.35
Feb 2016 395023.163208001 0.54 5.24
Mar 2016 396644.9083336356 0.41 5.15
Apr 2016 398986.7437222407 0.59 5.37
May 2016 401602.8822449622 0.66 5.84
Jun 2016 403767.3890605297 0.54 6.25
Jul 2016 404682.47368175344 0.23 6.27
Aug 2016 405417.3465828596 0.18 6.00
Sep 2016 406505.5370229327 0.27 5.70
Oct 2016 408316.79732257104 0.45 5.71
Nov 2016 410745.0184993341 0.60 5.88
Dec 2016 413395.8429770418 0.65 5.97
Jan 2017 415680.9536588045 0.55 5.80
Feb 2017 416878.5353464634 0.29 5.53
Mar 2017 418285.24993076903 0.34 5.46
Apr 2017 420364.53433664126 0.50 5.36
May 2017 422963.84699266683 0.62 5.32
Jun 2017 425018.93079301436 0.49 5.26
Jul 2017 426408.63921666757 0.33 5.37
Aug 2017 427262.80477938807 0.20 5.39
Sep 2017 428266.8864214844 0.24 5.35
Oct 2017 429011.45144346583 0.17 5.07
Nov 2017 430370.3873843647 0.32 4.78
Dec 2017 431678.16438972624 0.30 4.42
Jan 2018 433307.0919540969 0.38 4.24
Feb 2018 434604.72812218795 0.30 4.25
Mar 2018 436276.9410202131 0.39 4.30
Apr 2018 438046.2916316553 0.41 4.21
May 2018 440288.98419149435 0.51 4.10
Jun 2018 442389.7122698039 0.48 4.09
Jul 2018 444367.9136306439 0.45 4.21
Aug 2018 445813.5474988343 0.33 4.34
Sep 2018 446921.3911020277 0.25 4.36
Oct 2018 447150.29111279646 0.05 4.23
Nov 2018 447099.5490522623 -0.01 3.89
Dec 2018 446290.48827826435 -0.18 3.39
Jan 2019 445751.46786909754 -0.12 2.87
Feb 2019 445369.7345296429 -0.09 2.48
Mar 2019 446112.70100883924 0.17 2.25
Apr 2019 447645.1358938411 0.34 2.19
May 2019 449392.1576317097 0.39 2.07
Jun 2019 450688.5419190175 0.29 1.88
Jul 2019 451363.60848544893 0.15 1.57
Aug 2019 451692.269448255 0.07 1.32
Sep 2019 451908.53619321017 0.05 1.12
Oct 2019 452213.7388897962 0.07 1.13
Nov 2019 452907.76450337406 0.15 1.30
Dec 2019 453833.05873364984 0.20 1.69
Jan 2020 455860.25700763956 0.45 2.27
Feb 2020 458677.8973048678 0.62 2.99
Mar 2020 462304.5442689744 0.79 3.63
Apr 2020 465526.34848486894 0.70 4.00
May 2020 467676.5929048166 0.46 4.07
Jun 2020 468533.4282385351 0.18 3.96
Jul 2020 469168.020685941 0.14 3.95
Aug 2020 471265.8629459675 0.45 4.33
Sep 2020 475948.4351067171 0.99 5.32
Oct 2020 482267.040751823 1.33 6.65
Nov 2020 489534.0595970798 1.51 8.09
Dec 2020 496881.51579060167 1.50 9.49
Jan 2021 503847.08937484486 1.40 10.53
Feb 2021 510445.2323773987 1.31 11.29
Mar 2021 517264.3873662337 1.34 11.89
Apr 2021 524904.715903877 1.48 12.76
May 2021 533233.1331106968 1.59 14.02
Jun 2021 540797.499662117 1.42 15.42
Jul 2021 545357.4171089366 0.84 16.24
Aug 2021 546735.537864144 0.25 16.01
Sep 2021 545659.4006170131 -0.20 14.65
Oct 2021 545050.4677645825 -0.11 13.02
Nov 2021 546201.7340835271 0.21 11.58
Dec 2021 549297.4461356333 0.57 10.55
Jan 2022 555625.6574571681 1.15 10.28
Feb 2022 564514.9374825885 1.60 10.59
Mar 2022 575614.2314386596 1.97 11.28
Apr 2022 586305.1183045032 1.86 11.70
May 2022 595597.3260811688 1.59 11.70
Jun 2022 602995.4779710389 1.24 11.50
Jul 2022 606263.9812162179 0.54 11.17
Aug 2022 605074.3939362938 -0.20 10.67
Sep 2022 600312.7675869708 -0.79 10.02
Oct 2022 596256.8762139863 -0.68 9.40
Nov 2022 593758.9131388612 -0.42 8.71
Dec 2022 592749.2130542408 -0.17 7.91
Jan 2023 591524.6910838501 -0.21 6.46
Feb 2023 590560.0799202863 -0.16 4.61
Mar 2023 590687.7768802025 0.02 2.62
Apr 2023 593630.3427316671 0.50 1.25
May 2023 598701.4063553056 0.85 0.52
Jun 2023 604795.878346481 1.02 0.30
Jul 2023 610874.8588877494 1.00 0.76
Aug 2023 617157.4525816456 1.03 2.00
Sep 2023 622709.4097113141 0.90 3.73
Oct 2023 627245.1185929158 0.73 5.20
Nov 2023 630431.0101337917 0.51 6.18
Dec 2023 633597.424204812 0.50 6.89
Jan 2024 635920.7191254989 0.37 7.51
Feb 2024 639255.4563197439 0.52 8.25
Mar 2024 643893.9023720144 0.73 9.01
Apr 2024 649843.4362208674 0.92 9.47
May 2024 654841.4222277293 0.77 9.38
Jun 2024 657672.118385668 0.43 8.74
Jul 2024 659533.9983428156 0.28 7.97
Aug 2024 661512.7996400334 0.30 7.19
Sep 2024 664084.8339066949 0.39 6.64
Oct 2024 666366.1632096322 0.34 6.24
Nov 2024 668400.2590962444 0.31 6.02
Dec 2024 670556.7634082832 0.32 5.83
Jan 2025 672675.2385497197 0.32 5.78
Feb 2025 674520.7406280986 0.27 5.52
Mar 2025 674841.2893148805 0.05 4.81
Apr 2025 674855.9109847365 0.00 3.85
May 2025 673594.2719911019 -0.19 2.86
Jun 2025 672199.0322623764 -0.21 2.21
Jul 2025 670644.8769145204 -0.23 1.69
Aug 2025 670196.9565001148 -0.07 1.31
Sep 2025 671215.974477027 0.15 1.07
Oct 2025 674108.2823146939 0.43 1.16
Nov 2025 677201.745649466 0.46 1.32
Dec 2025 680386.7102511384 0.47 1.47
Jan 2026 682627.5811332329 0.33 1.48
Feb 2026 684338.6774304974 0.25 1.46