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Preforeclosure Homes 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 6 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

Nestled in Summit County, New Franklin, OH, is a picturesque suburb characterized by its friendly community and beautiful natural surroundings. With easy access to recreational activities at the Portage Lakes and a strong educational system, it’s a great place for families looking for a peaceful lifestyle. The city also features convenient commuting options to nearby urban centers.

Current Market Conditions in New Franklin, OH

The real estate market in New Franklin is currently experiencing a steady upward trend, with property values appreciating as demand for homes continues to grow. The charm of suburban living combined with proximity to urban amenities attracts both first-time homebuyers and those looking to invest in rental properties.

Recently, the market has seen a notable increase in home sales, with many properties receiving multiple offers. This trend indicates a competitive market, making it an opportune time for homeowners looking to sell.

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 Preforeclosure Homes


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