Town of Franklin Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Town of Franklin is $85, which is lower than the Delaware County average of $112. The median price of homes currently listed in Town of Franklin is $159,000 while the median price of homes that sold is $210,769.

Foreclosures will be a factor impacting home values in the next several years. In Town of Franklin 452.5 homes are foreclosed (per 10,000). This is greater than the Delaware County value of 0.7 and also greater than the national value of 4.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Franklin is 0.0%, which is lower than the national value of 8.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Franklin homeowners underwater on their mortgage is 8.9%, which is lower than Delaware County at 15.5%.

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Relative ZHVI
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Town of Franklin Market Overview

Data through Mar 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $159,000 Median listing price
  • No recent data Median sale price
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Town of Franklin Market Health

Data through Mar 31, 2014
  • No recent data
  • No data Average of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

452.5 homes(Jan 31, 2014) Town of Franklin
0.7 homes(Aug 31, 2012) Delaware County
4.9 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of Otego $113,300 West End $111,600 Butternuts $108,200
Town of Laurens $104,800 Town of Oneonta $102,700  

Listings & Sales

Data through Mar 31, 2014
  • $85 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 23.1% Listings with price cut
3.2%
Sold below listing
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Town of Franklin Rentals

Data through Mar 31, 2014
Zillow Rent Index What's This?
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$1,484 Town of Franklin
$1,480 Delaware County
$1,315 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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