New Weakness in Price Cuts for Franklin City Real Estate Market

Sales in the Franklin City market fell to 10 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with nine price reductions in the same time frame. While price reduction numbers dropped, sale prices were able to climb. This week's reported median sales price of $150,000 continued a four-week upswing. Franklin City is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.

Without price being a factor in your decision, these are the top homes being listed in Franklin City:

$999K   $499K   $425K  

Get started right now by checking out Franklin City homes for sale or reviewing Franklin City real estate trends.

Demographic facts for Franklin City:

  • The population has increased 2.8% in the last 10 years.
  • This area has a safety rating of 60. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 23 minutes.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Hal Ward
Snapped 1 home in this area
Coldwell Banker Professional Realtors
Snapped 1 home in this area
Nuvia Rivera & Associates
Snapped 1 home in this area

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