Franklin Real Estate Market Sees Sales Decline

The Franklin market remained cold with two homes sold in the last 30 days, a 33.3% sales drop. Within the same time frame, Chesapeake had 277 sales, the most of all cities in the area. Prices are falling in Franklin, and this period the median price of all sales fell from $49,900 to $41,950. Franklin is a solid buyer's market, due to a big 35 months of inventory left and aided by the dip in sales.

If you're looking for a large number of bathrooms, take a look at these three homes in Franklin that offer the most of all available listings:

$999K   $309K   $349K  

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

Demographic facts for Franklin:

  • There are a total of 8,582 people in this area.
  • The average commute to work for people in this area is 23 minutes.

Data reported through 1/11/2017

Comments:

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

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