Franklin, NC Home Values & Market Trends
Real estate market trends reflect that there have been 696 transactions over the past year in Franklin. The median value for residential home transactions that occurred over the previous year is $293,763.84. The number of current listings in Franklin is 112, and the percentage of properties for sale in the city is 112.00%. Franklin, NC currently has 7 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 112 properties for sale.
Franklin, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 28734 | $ 349,000 $ 243/sqft |
Housing Market Summary for Franklin, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $279K | -6.98% |
| Median Sold Price | $257K | $279K | 8.56% |
| Homes For Sale | 92 | 94 | 2.17% |
| Homes Sold | 434 | 428 | -1.38% |
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, NC
Browse Homes in Franklin, NC
Franklin home values range from $21,350 to $16,808,296. The median estimated value of a home in Franklin is $293,763.84. The median list price of a home is 349,000, and the total count of properties in the city is 15,263.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Franklin, NC with 28734 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklin, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $304,155 in 28734 to the lowest home value of $304,155 in 28734.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklin, NC ranges from the highest value of $0 in 28734 to the lowest value of $0 in 28734. Bank owned homes and properties account for 0.01% of properties in Franklin, NC. There is 1 zips within Franklin, NC; 28734 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28734 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin, NC. Auction homes and other auction properties account for 0.03% of all properties in Franklin, NC. There is 1 zips within Franklin, NC; of that zips, the median estimated home value for homes going to auction ranges from $531,684 in 28734 to the lowest value of $215,175 in 28734.
Compare Nearby Cities
More Real Estate Resources for Franklin, NC
Guide for Franklin, NC
North Carolina Foreclosure Laws
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