Is Franklin, NH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Franklin is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Franklin has remained a Seller's Market.

Key Takeaway

Franklin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Franklin, NH

How much do homes in Franklin, NH cost?

Median Sold Price

$370,950

$215/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$86,050(-18.8%)

Key Takeaway

Homes in Franklin have sold for 18.8% less than they did a month ago.

Summary: The median home sold price in Franklin was $370,950 in November 2024, down 18.8% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$353.9K
N/A
3 $480K$444K
-7.5%
4 $400K$372.5K
-6.9%
5+ -$211.4K
N/A

Summary: Franklin housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklin
-18.8%
Tilton
-26.2%
Tilton
-29.2%
Northfield
-29.3%
Sanbornton
-56.1%

Housing Supply in Franklin, NH

How many homes are available in Franklin, NH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2724-11.1%

Summary: The Franklin real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1111
0.0%
4 95
-44.4%
5+ 11
0.0%

Summary: The Franklin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Franklin, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Franklin in November 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.

Days on Market for Franklin, NH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Franklin, NH

Nearby Markets to Franklin, NH

What housing markets are near Franklin, NH?