North Franklin, CT Foreclosures
How much do homes sell for in North Franklin, CT?
The average home price is currently $449,163.
In North Franklin, CT, how many homes are available?
There are currently 216 active home listings available in North Franklin.
What’s the average rental cost in North Franklin, CT?
The average rental price in North Franklin is $1,555.
What is the most expensive home in North Franklin?
The most expensive home sold in North Franklin had a price of $4,475,197.
What is currently the cheapest priced home in North Franklin, CT?
The cheapest home for sale in North Franklin is priced at $16,901.
Living in North Franklin, CT
North Franklin, CT is a tranquil country town known for its scenic beauty, a strong sense of community, and access to outdoor activities. The town offers a quality education system and showcases a picturesque environment, making it an ideal location for families looking for a balanced lifestyle away from the hustle of urban life.
Current Market Conditions in North Franklin, CT
The real estate market in North Franklin is currently experiencing moderate growth, with a balanced supply and demand. The area is attractive to families and retirees. Many homes feature spacious yards and are surrounded by natural beauty, contributing to their appeal. Interest rates have stabilized, allowing buyers to enter the market without excessive pressure.
In the last year, North Franklin has seen a steady increase in home values due to demand and a limited number of homes for sale. The market remains competitive, with well-maintained properties receiving multiple offers. The overall long-term trend indicates a positive appreciation in property values, making it an ideal location for real estate investment.
Home Value Estimator For North Franklin, CT
There are currently 849 real estate properties
in North Franklin, CT,
with a median automated valuation model (AVM) price
of $386,677.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in North Franklin, CT, 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 North Franklin, CT,
is $449,163.00, with the most expensive house
in North Franklin, CT, topping out
at $4,475,197.00 and the cheapest home
in North Franklin, CT,
clocking in at $16,901.00. In other words, there’s
something for every potential homebuyer
or savvy investor in North Franklin, CT!
Rent Prices
In North Franklin, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in North Franklin, CT, is on
a rollercoaster ride. The
average rent price in North Franklin, CT,
is $1,555.00. Indeed, when looking to rent in
North Franklin, CT, you can expect to pay as little
as $960.00 or as much
as $2,700.00,
with the average rent median estimated to
be $1,550.00. The good news is that finding
an affordable and desirable property to rent in North Franklin, CT
-- 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.
Learn more on Foreclosure homes
