Franklin, Calgary - September 2026 Real Estate Report

Franklin, Calgary: Your Neighbour Just Got a Raise. Did You?

If you own a home in Franklin and you haven't checked your property value lately, you're probably leaving money on the table. The numbers are moving - and not in a boring way. Here's the real talk on what's happening in our corner of Calgary right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a clear split in Franklin right now, and it matters depending on what you own.

Houses are having a moment. The average HonestDoor Price for a house in Franklin sits at $753,330 - up 5.56% from the previous period. That's not a rounding error. That's real equity landing in your pocket. The predicted market value is tracking at $713,676, and it's climbing above the 3-month moving average of $689,763, which tells us the momentum is pointing upward, not flattening out.

• Average HonestDoor Price (Houses): $753,330
• Recent price change: up 5.56%
• Predicted market value: $713,676 (up from 3-month average of $689,763)
• Average rental estimate: $3,287 per month
• Rental yield: 5.31% - that's a strong return by any measure
• Airbnb estimate: $163 per night
• Growth rank: 17 out of 238 Calgary neighbourhoods

That growth rank is worth pausing on. Out of 238 comparable neighbourhoods in Calgary, Franklin houses land at number 17. That puts us in the top tier of the city's neighbourhood leaderboard. Not top 10, but solidly in the conversation.

Condos are taking a breather. The average HonestDoor Price for a condo in Franklin is $283,512, which has dipped 2.74% from the previous period. The predicted value of $291,492 is also nudging slightly below the 3-month moving average of $292,300. It's not a freefall - but it's a signal to pay attention. The growth rank for condos sits at 121 out of 216 neighbourhoods, which puts us in below-average territory for now.

• Average HonestDoor Price (Condos): $283,512
• Recent price change: down 2.74%
• Predicted market value: $291,492
• Average rental estimate: $1,530 per month
• Rental yield: 4.21% - moderate, but still workable
• Airbnb estimate: $76 per night
• Growth rank: 121 out of 216 Calgary neighbourhoods

For context, Franklin condos are priced slightly above nearby Marlborough ($286,889 predicted) and above Meridian ($250,238 predicted). So we're not the cheapest option in the area - which is actually a decent sign for long-term positioning.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. The City of Calgary calculates it once a year using data that can be months old by the time it lands in your mailbox. A lot can change in that window, and in Franklin's house market, a lot clearly has.

The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood-level signals. It's the number that reflects what a buyer would actually pay today - not what the city guessed your home was worth six months ago. With house values up 5.56% and sitting at $753,330 on average, there's a real chance your tax assessment is underselling what you actually own. That gap is your leverage - whether you're refinancing, selling, or just want to know where you stand.

Check your HonestDoor Price now. Don't wait for the next assessment cycle to find out you've been undervaluing your biggest asset.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Franklin and you've been on the fence about selling, the data is giving you a nudge. A 5.56% price increase, a top-17 growth ranking in Calgary, and a rental yield above 5% all point to a market where buyers still see real value here. Summer is typically when buyer activity picks up, and coming in with a strong, data-backed asking price - anchored to your HonestDoor Price rather than a stale assessment - puts you in a better negotiating position from day one.

For condo owners, the picture calls for a bit more patience. Values are slightly softer right now, and the growth rank suggests other parts of the city are outpacing us in that segment. That doesn't mean it's a bad time to sell - it means you need to price it right. Overpricing a condo in a cooling segment is the fastest way to sit on the market longer than you want to.

Bottom line: Franklin's house market is one of the stronger stories in Calgary right now. If you own one, know your number. If you're thinking about making a move, this summer has real potential - but only if you go in with accurate, current data on your side.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.