Franklin, MA Foreclosures
How much do homes sell for in Franklin, MA?
The average home price is currently $729,128.
In Franklin, MA, how many homes are available?
There are currently 13 active home listings available in Franklin.
What’s the average rental cost in Franklin, MA?
The average rental price in Franklin is $2,164.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $117,179,840.
What is currently the cheapest priced home in Franklin, MA?
The cheapest home for sale in Franklin is priced at $76,575.
Living in Franklin, MA
Franklin, MA is a charming New England town that combines a rich historical background with a modern suburban lifestyle. Known for its highly rated schools and community-focused environment, residents have plenty of access to parks, shopping, and public transportation. With its close proximity to major cities, Franklin offers a perfect blend of tranquility and connectivity.
Current Market Conditions in Franklin, MA
The real estate market in Franklin, MA has been experiencing a steady increase in property values over the past year, with demand consistently high due to the town's appealing suburban lifestyle and excellent schools. Buyers are often competing for homes, leading to shorter listing times and a rise in prices across various property types. The current market is characterized by a mix of single-family homes, townhouses, and condominiums, catering to families, first-time buyers, and retirees alike.
Overall, Franklin's market remains competitive with trends indicating a continued interest in residential properties, particularly from families looking to settle in a community-rich environment.
Home Value Estimator For Franklin, MA
There are currently 10,648 real estate properties
in Franklin, MA,
with a median automated valuation model (AVM) price
of $677,917.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Franklin, MA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Franklin, MA,
is $729,128.00, with the most expensive house
in Franklin, MA, topping out
at $117,179,840.00 and the cheapest home
in Franklin, MA,
clocking in at $76,575.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Franklin, MA!
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.