Median home value in zip code 06254 (Franklin, CT) is $388,082, up 7.2% year over year. Part of the Norwich-New London, CT metropolitan area.

Home Value$388,082

YoY Change

+7.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 06254 (Franklin).

Income (annual)

Down Payment

$77,616 on $388,082

Example: $75,000 household income. Change it above to see your own.

Out of reach44.9% of income

Need $120,343/yr to afford.

PITI$2,808

P/I44.9%

Afford$242K

Gap-$146K

P&I $1,962Tax $695Ins $150

6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

06254 is part of the Norwich-New London, CT metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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