- Municipal rate
- 0.25%
- Median home sale
- $351,690
- Conveyance tax at the median
- $3,517
- Home sales, 2024–25
- 11
What Franklin charges
Franklin charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge.
The state adds its own tax on top. For a home or condominium it is 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% of anything above that — see how the brackets work. In most Connecticut residential sales the seller pays both, unless an exemption or a contract term says otherwise; see who pays the conveyance tax.
On Franklin’s median home sale of $351,690, that is $2,638 to the state and $879 to the town, or $3,517 in all.
Home sale prices in Franklin
11 single-family homes and condominiums sold at arm's length in Franklin between October 2024 to September 2025. The median was $351,690, and the middle half of sales fell between $303,750 and $402,500.
| Type | Sales | Median |
|---|---|---|
| Single-family | 11 | $351,690 |
| Condominium | 0 | Too few |
The median moved from $215,000 in the 2015 list year to $351,690 in 2024, a change of +64 percent.
Conveyance tax paid in Franklin
Run sale by sale at today’s rates, Franklin’s 2024–25 home sales carried an estimated $39,750 in conveyance tax: $29,812 to the state and $9,938 to the town. That ranks 167 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.
Nearby towns
Common questions
- What is the conveyance tax in Franklin, CT?
- Franklin charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge. The state adds its own tax on top: for a home or condominium, 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% above that.
- How much is the conveyance tax on a typical Franklin home sale?
- On Franklin's median single-family or condominium sale of $351,690, the state and town conveyance tax comes to $3,517: $2,638 to the state and $879 to the town.
- What do homes sell for in Franklin, CT?
- The median arm's-length single-family or condominium sale in Franklin was $351,690 between October 2024 to September 2025. The middle half of sales fell between $303,750 and $402,500.
- Who pays the conveyance tax when a home sells in Franklin?
- In most Connecticut residential sales the seller pays both the state and the municipal conveyance tax, unless an exemption, a special rule or a contract term says otherwise.
Sources
- Primary sourceReal Estate Sales 2001-2024 GLConnecticut Office of Policy and Management, via data.ct.gov
- Primary sourceReal Estate Conveyance TaxConnecticut General Assembly, Office of Legislative Research
- Primary sourceConnecticut General Statutes § 12-494, Imposition of tax on conveyances of real propertyConnecticut General Assembly
Sale prices are single-family and condominium sales with no assessor non-use code, which leaves out family transfers, foreclosures and other sales that are not at a market price. Tax figures apply today’s rates. Data last updated by the state on 2026-08-12.
General information about Connecticut real estate transactions, not legal advice. Every transaction is different.