Sales Decline in Franklin City Real Estate Market

In this week's report, the number of homes sold in the Franklin City market slid to nine over the past 30 days, a decrease of 10.0% from last week's report, but still above the monthly average. On the other hand, close-by Chesapeake City registered 295 home sales in the same period, the most of all surrounding counties. Potential buyers should note that prices went up in Franklin City, with the median for this period rising from $150,000 to $164,000. Franklin City is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Franklin City:

$109K   $207K   $160K  

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 median house value here is $165,100.
  • The area gets 113 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 10.5%.
  • There are 13.0 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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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