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Franklin County Update: Median Home Prices Continue to Rise in July 2024

By , on August 6th, 2024
The real estate market in Franklin County, as of July 2024, continues to show strong growth and a steady increase in median home prices. According to data exclusively available from MORE, REALTORS®, the median sold price for homes in the county during July 2024 was $275,500, marking an 18.52% increase from July 2023 when the median sold price was $232,450.

Furthermore, last month’s median sold price of $275,500 also represents a 14.79% increase compared to June 2024, when the median sold price was $240,000. The median list price for homes in Franklin County also saw a significant increase, rising to $279,500, a 21.55% increase from $229,950 in July 2023.

In addition to rising prices, there were also 92 home sales in Franklin County during July 2024, a 17.95% increase from 78 sales in July 2023. This data indicates a strong demand for homes in the county, making it an attractive market for both buyers and sellers.

If you’re looking to buy or sell a home in Franklin County, now may be a great time to take advantage of the market’s growth and favorable conditions. Contact MORE, REALTORS® for expert guidance and assistance in navigating the Franklin County real estate market.

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