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Cheap Homes in Franklin, MN

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Franklin, MN Foreclosures

How much do homes sell for in Franklin, MN?
The average home price is currently $315,650.
In Franklin, MN, how many homes are available?
There are currently 1 active home listings available in Franklin.
What’s the average rental cost in Franklin, MN?
The average rental price in Franklin is $1,086.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $3,650,259.
What is currently the cheapest priced home in Franklin, MN?
The cheapest home for sale in Franklin is priced at $13,745.

Living in Franklin, MN

Franklin, MN is a lovely small town characterized by its peaceful surroundings and community-oriented lifestyle. With ample outdoor activities, local events, and a friendly atmosphere, it appeals to families and individuals alike. The town’s proximity to larger cities provides a nice blend of tranquility and accessibility.

Current Market Conditions in Franklin, MN

The current real estate market in Franklin is stable, with home prices reflecting the town's appeal as an ideal location for families and those seeking a quiet lifestyle. There has been a modest increase in home sales as more buyers are drawn to the area's charm and outdoor activities.

As the market continues to attract new residents, the demand for housing may rise in the coming months, especially as more people seek a balance between rural living and accessibility to larger towns.

Home Value Estimator For Franklin, MN

There are currently 319 real estate properties in Franklin, MN, with a median automated valuation model (AVM) price of $152,924.00. 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, MN, 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, MN, is $315,650.00, with the most expensive house in Franklin, MN, topping out at $3,650,259.00 and the cheapest home in Franklin, MN, clocking in at $13,745.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, MN!

Rent Prices In Franklin, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, MN, is on a rollercoaster ride. The average rent price in Franklin, MN, is $1,086.00. Indeed, when looking to rent in Franklin, MN, you can expect to pay as little as $720.00 or as much as $1,760.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Franklin, MN -- 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.

Cheap Homes in Franklin, MN

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