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Foreclosures in Franklin, ME

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Franklin, ME Foreclosures

How much do homes sell for in Franklin, ME?
The average home price is currently $268,997.
In Franklin, ME, how many homes are available?
There are currently 8 active home listings available in Franklin.
What’s the average rental cost in Franklin, ME?
The average rental price in Franklin is $971.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $7,745,100.
What is currently the cheapest priced home in Franklin, ME?
The cheapest home for sale in Franklin is priced at $47,153.

Living in Franklin, ME

Franklin, ME is a quaint town surrounded by picturesque landscapes and outdoor recreational opportunities. With a tight-knit community and essential amenities, it provides a perfect balance of rural living and accessibility to nearby urban centers. The town offers a serene lifestyle with various activities for nature lovers.

Current Market Conditions in Franklin, ME

Franklin's real estate market has shown a steady increase in demand over the past year, as buyers seek the tranquility of rural life combined with easy access to the coast of Maine. While homes here tend to be more affordable compared to neighboring towns, prices have been moderately rising due to the popularity of the area among retirees and families looking to escape city life.

The market has been characterized by a limited inventory of homes, especially those that are move-in ready. As Franklin becomes more popular, potential buyers may face increased competition, making it imperative to act quickly when a desirable property becomes available.

Home Value Estimator For Franklin, ME

There are currently 582 real estate properties in Franklin, ME, with a median automated valuation model (AVM) price of $230,709.00. 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, ME, 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, ME, is $268,997.00, with the most expensive house in Franklin, ME, topping out at $7,745,100.00 and the cheapest home in Franklin, ME, clocking in at $47,153.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, ME!

Rent Prices In Franklin, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, ME, is on a rollercoaster ride. The average rent price in Franklin, ME, is $971.00. Indeed, when looking to rent in Franklin, ME, you can expect to pay as little as $760.00 or as much as $1,420.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Franklin, ME -- 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.

Franklin, ME


Market Trend for Franklin, ME

Total Listings Available: 8

Market Values:

Home Prices from $47,153 to $7,745,100

Average Sales Price: $268,997

Rental Values:

Rental from $760 to $1,420

Average Rent Value: $971 / month

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