MyMarketPulse (mymarketpulse.com) recently disclosed its March 2024 findings on the housing market conditions in Franklin, Virginia.
The Median Sale Price for properties in Franklin was documented at $341,490 for March 2024. This price point is an upward move of 50.1% from the previous month and shows a 39.4% rise from the year before.
A total of 15 homes were sold in the region, indicating an increase of 150.0% from last month and a drop of 21.1% when compared with a year ago.
The Median Days on Market for homes in Franklin stood at 87 days, which is an increase of 70 days days over the previous month and up by 12 days day from the previous year.
With the Market Pulse Score sitting at 114, the trend in Franklin’s housing market seems to be rising.
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.
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