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Foreclosures in New Franklin, OH

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New Franklin, OH Foreclosures

How much do homes sell for in New Franklin, OH?
The average home price is currently $298,482.
In New Franklin, OH, how many homes are available?
There are currently 3 active home listings available in New Franklin.
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 $3,100,000.
What is currently the cheapest priced home in New Franklin, OH?
The cheapest home for sale in New Franklin is priced at $11,463.

Living in New Franklin, OH

New Franklin, OH is a quaint suburban city in Summit County offering scenic lakes and parks, making it an ideal place for families and outdoor enthusiasts. The area combines the tranquility of nature with convenient access to nearby larger cities, providing a balanced lifestyle. With excellent community amenities and a welcoming atmosphere, New Franklin is an attractive place to call home.

Current Market Conditions in New Franklin, OH

The real estate market in New Franklin has shown steady growth, with an increase in demand for homes over recent months. The area's unique features, such as proximity to Portage Lakes and recreational opportunities, attract many homebuyers, contributing to a robust housing market.

While inventory remains somewhat limited, home prices are on the rise, indicating a competitive market. Buyers may find it challenging to secure properties at lower price points, as the demand has pushed many listings to sell quickly.

Home Value Estimator For New Franklin, OH

There are currently 6,104 real estate properties in New Franklin, OH, with a median automated valuation model (AVM) price of $251,815.00. 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 $298,482.00, with the most expensive house in New Franklin, OH, topping out at $3,100,000.00 and the cheapest home in New Franklin, OH, clocking in at $11,463.00. 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 Foreclosures

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