Foreclosure Homes in Franklin, MA 02038

Current Market Conditions in Franklin, MA

The real estate market in Franklin is currently experiencing an upward trend with an increasing demand for homes. Inventory levels remain somewhat low, which means that homes are selling quickly and often at or above asking price. Buyers are particularly drawn to the area for its family-oriented amenities and school district, making it a competitive market for potential homeowners.

Given the strong local economy and the appeal of suburban living, Franklin continues to see new development and renovation in existing properties. The combination of these factors is solidifying Franklin as a desirable location for both families and professionals.

Rent Prices In Franklin, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, MA, is on a rollercoaster ride. The average rent price in Franklin, MA, is $2,164.00. Indeed, when looking to rent in Franklin, MA, you can expect to pay as little as $1,000.00 or as much as $4,040.00, with the average rent median estimated to be $2,210.00. The good news is that finding an affordable and desirable property to rent in Franklin, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.