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Preforeclosure Homes in Franklin, OH

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Living in Franklin, OH

Franklin, Ohio is a welcoming small city with a strong sense of community. It offers excellent schools, abundant recreational opportunities, and a variety of local amenities. Surrounded by beautiful parks, this area is perfect for families looking for a friendly atmosphere with easy access to bigger cities nearby.

Current Market Conditions in Franklin, OH

The real estate market in Franklin is currently experiencing steady growth, with home prices increasing due to demand. Buyers are drawn to the affordability compared to neighboring cities, and the market is characterized by a mix of traditional homes and new developments that appeal to various demographics.

Investors are taking interest in Franklin as the city continues to promote economic development, attracting businesses and residents alike. The affordability of homes, coupled with the high quality of life offerings, contributes to a favorable market for both buyers and sellers.

Home Value Estimator For Franklin, OH

There are currently 10,115 real estate properties in Franklin, OH, with a median automated valuation model (AVM) price of $256,694.00. 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, OH, 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, OH, is $299,804.00, with the most expensive house in Franklin, OH, topping out at $32,294,644.00 and the cheapest home in Franklin, OH, clocking in at $10,094.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, OH!

Rent Prices In Franklin, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, OH, is on a rollercoaster ride. The average rent price in Franklin, OH, is $1,173.00. Indeed, when looking to rent in Franklin, OH, you can expect to pay as little as $500.00 or as much as $2,800.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Franklin, OH -- 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, OH Preforeclosure Homes


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