Franklin County, ME Home Values & Market Trends

The median home price in Franklin County, ME is $208,170.15. There were 544 home sales in Franklin County, ME over the past 12 months. The median residential Franklin County, ME home value for transactions over the previous year is $166,850. The number of current listings in Franklin County, ME is 7, and the percentage of properties for sale is 7.00%. The county has 14 foreclosures, 3 bank owned properties, 4 headed for auction, and 7 properties for sale.

Franklin County, ME Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Kingfield

$ 284,058

$ 111/sqft

Phillips

$ --

$ --

Wilton

$ 64,412

$ 56/sqft

Strong

$ --

$ --

Jay

$ 74,520

$ 64/sqft

Rangeley

$ --

$ --

New Sharon

$ 325,000

$ 125/sqft

Weld

$ --

$ --

Farmington

$ 376,200

$ 142/sqft

Temple

$ --

$ --

Stratton

$ --

$ --

New Vineyard

$ --

$ --

Oquossoc

$ --

$ --

Eustis

$ --

$ --

Farmington Falls

$ --

$ --

Housing Market Summary for Franklin County, ME

Apr 2023March 2024Change
Median Listing Price$279K$216.4K-22.44%
Median Sold Price$224.6K$216.4K-3.66%
Homes For Sale27250.00%
Homes Sold251203-19.12%
Price
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Homes For Sale
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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%.

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Browse Homes in Franklin County, ME

Franklin County, ME home values range from $17,207 to $30,996,341. Kingfield is the priciest city with a median listing home price of $407,000, and Wilton is most affordable with average house prices of around $60,000.

Foreclosure
There are 15 cities within Franklin County, ME; within these cities, the median estimated home value for homes in foreclosure ranges from $321,367 in Wilton to the lowest value of $84,314 in Wilton. Foreclosure homes account for 0.00% of properties in Franklin County, ME with Wilton containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Franklin County, ME with Wilton containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Franklin County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $154,409 in New Vineyard to the lowest home value of $84,314 in Wilton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin County, ME ranges from the highest value of $321,367 in Phillips to the lowest value of $120,909 in Wilton. Bank owned homes and properties account for 0.02% of properties in Franklin County, ME. There are 15 cities within Franklin County, ME; Phillips containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Jay has 2 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, ME. Auction homes and other auction properties account for 0.03% of all properties in Franklin County, ME. There are 15 cities within Franklin County, ME; of those cities, the median estimated home value for homes going to auction ranges from $136,724 in Wilton to the lowest value of $103,823 in Wilton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.05% of residential properties in Franklin County, ME with Wilton containing 2 homes for sale, the highest number of listed properties in a single city. There are 15 cities within Franklin County, ME; homes for sale in those cities, have a range of median values from $376,200 in Farmington to the lowest value of $40,000 in Wilton.
    Sold Homes
    The median value for recently sold homes ranges from $529,206 in New Vineyard to the lowest price of $27,466 in New Vineyard. There are 15 cities within Franklin County, ME. Farmington has 34 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.48% of properties in Franklin County, ME.

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      Guide for Franklin County, ME

      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Franklin County, ME

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