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Condo Foreclosures in New Franklin, OH

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New Franklin, OH Foreclosures

Current Market Conditions in in New Franklin, OH As of February 2026?
Over the past month, the New Franklin real estate market has continued to flourish, with a notable increase in home sales compared to previous months. The average days on market has decreased, indicating that homes are being purchased quicker, which highlights the growing interest in the area. Additionally, some listings have even received multiple offers, driving prices slightly upward due to competitive bidding environments.
How much do homes sell for in New Franklin, OH?
The average home price is currently $295,145.
What’s the average rental cost in New Franklin, OH?
The average rental price in New Franklin is $1,337.
What is the most expensive home in New Franklin?
The most expensive home sold in New Franklin had a price of $3,033,500.
What is currently the cheapest priced home in New Franklin, OH?
The cheapest home for sale in New Franklin is priced at $11,466.

Living in New Franklin, OH

New Franklin, OH is a welcoming suburban city nestled in Summit County, known for its vibrant community and access to outdoor activities. Residents enjoy a family-friendly environment supported by good schools and a variety of local amenities. With its proximity to Akron and beautiful parks, New Franklin offers a balanced lifestyle that appeals to many.

Buyer vs Seller Market in New Franklin, OH

The real estate market in New Franklin, OH has shown a steady upward trend over the past few months. Homes are selling at a higher pace compared to the previous year, indicating increased demand. The average home prices have risen, reflecting the city's growing popularity among homebuyers seeking a suburban experience near urban conveniences.

There has been a noticeable shift in home features that buyers are looking for, with an emphasis on outdoor spaces as many families prioritize home environments that support healthy living and social distancing. With competitive pricing and interest rates remaining relatively low, now is an attractive time for buyers to consider investing in this market.

Home Value Estimator For New Franklin, OH

There are currently 6,105 real estate properties in New Franklin, OH, with a median automated valuation model (AVM) price of $249,361.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New 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 New Franklin, OH, is $295,145.00, with the most expensive house in New Franklin, OH, topping out at $3,033,500.00 and the cheapest home in New Franklin, OH, clocking in at $11,466.00. In other words, there’s something for every potential homebuyer or savvy investor in New Franklin, OH!

Rent Prices In New Franklin, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Franklin, OH, is on a rollercoaster ride. The average rent price in New Franklin, OH, is $1,337.00. Indeed, when looking to rent in New Franklin, OH, you can expect to pay as little as $620.00 or as much as $2,660.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in New 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.

New Franklin, OH Condos


Market Trend for New Franklin, OH

Total Listings Available: 0

Market Values:

Home Prices from $11,466 to $3,033,500

Average Sales Price: $295,145

Rental Values:

Rental from $620 to $2,660

Average Rent Value: $1,337 / month

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