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
Zip | Median Est. Value |
---|---|
02038 | $ 749,900 $ 295/sqft |
Housing Market Summary for Franklin, MA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $577.5K | $551.8K | -4.44% |
Median Sold Price | $520K | $551.8K | 6.12% |
Homes For Sale | 20 | 21 | 5.00% |
Homes Sold | 153 | 158 | 3.27% |
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 Franklin, MA
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions02038 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.
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More Real Estate Resources for Franklin, MA
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