Housing market · ZIP 62638

Franklin, IL Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$145,611

3-month-1.5%

6-month-0.0%

12-month-1.3%

Touse 12-month forecast

-0.1%

Projected median near $145,460 over the next 12 months

As of April 2026, the median home value in Franklin, IL (ZIP 62638) is $145,611. Prices are stable, down 1.3% over the past year. Touse's model projects a -0.1% change over the next 12 months, putting the median near $145,460.

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Nearby areas in Morgan

Alexander 62601 Chapin 62628 Concord 62631 Jacksonville 62650 Jacksonville 62651 Literberry 62660 Meredosia 62665 Murrayville 62668

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.