The latest data from MORE, REALTORS® shows that the real estate market in Franklin County has seen a decrease in median sold price for the month of October 2024. Homes in the area sold for a median price of $253499, which is 7.82% lower than the median sold price in October 2023, which was $275000. Despite this decrease, last month’s median sold price of $253499 also represents a 3.26% increase from September 2024, when the median sold price was $245500.
The median list price in Franklin County also saw a decrease, dropping 5.28% from $265000 in October 2023 to $251000 in October 2024. However, there was an increase in home sales during this time period, with 102 homes sold in October 2024 compared to 91 in October 2023, representing a 12.09% increase.
The chart below, available exclusively from MORE, REALTORS®, illustrates these data points. It is clear that the real estate market in Franklin County is experiencing some fluctuations, but it is still a strong market with a high number of home sales. As always, for the most up-to-date and accurate information on the Franklin County real estate market, contact MORE, REALTORS®.
