Franklin, MA Home Values & Market Trends

Real estate market trends reflect that there have been 357 transactions over the past year in Franklin. The median value for residential home transactions that occurred over the previous year is $605,716.13. The number of current listings in Franklin is 21, and the percentage of properties for sale in the city is 21.00%. Franklin, MA currently has 4 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 21 properties for sale.

Franklin, MA Real Estate Market Overview

ZipMedian Est. Value
02038

$ 749,900

$ 295/sqft

Housing Market Summary for Franklin, MA

Mar 2023February 2024Change
Median Listing Price$577.5K$551.8K-4.44%
Median Sold Price$520K$551.8K6.12%
Homes For Sale20215.00%
Homes Sold1531583.27%
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, MA

Franklin home values range from $77,591 to $2,120,251. The median estimated value of a home in Franklin is $605,716.13. The median list price of a home is 625,000, and the total count of properties in the city is 10,030.

Foreclosure
There is 1 zips within Franklin, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $814,250 in 02038 to the lowest value of $608,750 in 02038. Foreclosure homes account for 0.00% of properties in Franklin, MA with 02038 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Franklin, MA with 02038 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklin, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $680,292 in 02038 to the lowest home value of $608,750 in 02038.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Franklin, MA. There is 1 zips within Franklin, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    02038 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin, MA. Auction homes and other auction properties account for 0.02% of all properties in Franklin, MA. There is 1 zips within Franklin, MA; of that zips, the median estimated home value for homes going to auction ranges from $814,250 in 02038 to the lowest value of $648,834 in 02038.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Franklin, MA with 02038 containing 21 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Franklin, MA; homes for sale in that zips, have a range of median values from $1,480,854 in 02038 to the lowest value of $245,823 in 02038.
    Sold Homes
    The median value for recently sold homes ranges from $1,255,251 in 02038 to the lowest price of $217,172 in 02038. There is 1 zips within Franklin, MA. 02038 has 154 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.54% of properties in Franklin, MA.

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      Guide for Franklin, MA

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      Recently Listed Homes Franklin, MA

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