The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Franklin, Virginia’s real estate market for May 2024.
For May 2024, the data showcases a Median Sale Price of $229,990 in Franklin, a drop of 6.9% from the last month and a decrease 14.8% from the same period the previous year.
Sales of homes in the region saw 9 homes changing hands. This represents a decline of 43.8% from the month before and down 25.0% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 30 days, 27 days shorter compared to the previous month and shorter by 2 days from last year.
With a Market Pulse Score of 112, the analysis suggests a rising trend in Franklin’s housing market momentum.
For more information about the Franklin, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – What the Pros Know