Franklinville, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 132 transactions over the past year in Franklinville. The median value for residential home transactions that occurred over the previous year is $327,847.37. The number of current listings in Franklinville is 12, and the percentage of properties for sale in the city is 12.00%. Franklinville, NJ currently has 77 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 12 properties for sale.
Franklinville, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
08322 | $ 332,500 $ 190/sqft |
Housing Market Summary for Franklinville, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $266.5K | $288.4K | 8.20% |
Median Sold Price | $257.5K | $288.4K | 11.98% |
Homes For Sale | 10 | 13 | 30.00% |
Homes Sold | 71 | 82 | 15.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Franklinville, NJ
Browse Homes in Franklinville, NJ
Franklinville home values range from $112,400 to $699,800. The median estimated value of a home in Franklinville is $327,847.37. The median list price of a home is 345,450, and the total count of properties in the city is 3,501.
- Pre-ForeclosurePre-foreclosure homes account for 1.97% of all residential properties in Franklinville, NJ with 08322 containing 69 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklinville, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $663,600 in 08322 to the lowest home value of $206,000 in 08322.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklinville, NJ ranges from the highest value of $323,800 in 08322 to the lowest value of $323,800 in 08322. Bank owned homes and properties account for 0.03% of properties in Franklinville, NJ. There is 1 zips within Franklinville, NJ; 08322 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08322 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Franklinville, NJ. Auction homes and other auction properties account for 0.20% of all properties in Franklinville, NJ. There is 1 zips within Franklinville, NJ; of that zips, the median estimated home value for homes going to auction ranges from $618,800 in 08322 to the lowest value of $213,600 in 08322.
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Guide for Franklinville, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.