$214 Closing Credit*
$18,020
738 SqFt
2 Beds
•1 Full Bath
Dana Rowell, Listing Office: Realhome Services And Solutions, Inc.
Is Franklin Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Franklin Township has remained a Seller's Market.
Key Takeaway
Franklin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Franklin Township, PA
How much do homes in Franklin Township, PA cost?
Median Sold Price
$280,000
$153/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Franklin Township has remained the same since last year.
Summary: The median home sold price in Franklin Township was $280,000 in November 2024, the same as last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $98.7K | $176.2K | +78.4% |
| 3 Bedrooms | $240K | $299K | +24.6% |
| 4 Bedrooms | $345K | $315K | -8.7% |
| 5+ Bedrooms | $480K | $278.7K | -41.9% |
Summary: Franklin Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.4%, 3 bedroom homes increased by 24.6%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 41.9%.
Median Sold Price Compared To Nearby Cities
| Mahoning Township | $296K | $324.9K | +9.8% |
| Franklin Township | $280K | $280K | 0.0% |
Housing Supply in Franklin Township, PA
How many homes are available in Franklin Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The Franklin Township real estate market had 23 homes for sale in November 2024, a 27.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Franklin Township 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 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Franklin Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Franklin Township in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Franklin Township, PA
How long does it take to sell a home in Franklin Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 34 Days | +25.9% |
Summary: Homes in Franklin Township had an average of 34 days on market in Nov 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Franklin Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Franklin Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
