Franklin County Real Estate Market Update as of 2025-01-06

The real estate market in Franklin County, Missouri continues to show strong growth as we enter the new year. According to the latest data from MORE, REALTORS®, homes in the Franklin County area sold for a median price of $255,000 in December 2024. This represents a 10.87% increase from December 2023, when the median sold price was $230,000. Furthermore, last month’s median sold price of $255,000 also saw a 7.94% increase from November 2024, when the median sold price was $236,250.

The median list price in Franklin County also saw a significant increase, reaching $275,000 in December 2024. This is a 19.59% increase from the median list price of $229,950 in December 2023. However, despite these rising prices, there were 69 home sales in Franklin County in December 2024, which is a slight decrease of 6.76% from 74 sales in December 2023.

As seen in the chart below, exclusively available from MORE, REALTORS®, the Franklin County real estate market has been steadily increasing over the past year. This is great news for both buyers and sellers, as it indicates a strong and stable market. If you’re looking to buy or sell a home in Franklin County, now is a great time to do so. Contact MORE, REALTORS® for expert guidance and assistance with all your real estate needs.

Franklin County Update: November 2024 Real Estate Market Data

As of November 2024, the real estate market in Franklin County has seen a decrease in median sold price compared to the same time last year. According to data exclusively provided by MORE, REALTORS®, homes in the county sold for a median price of $237500, a 3.04% decrease from November 2023 when the median sold price was $244950.

This decrease in median sold price is also reflected in the month-over-month data, with a 6.31% decrease from October 2024 when the median sold price was $253499. The median list price for homes in Franklin County also saw a slight decrease of 1.11% from $242700 in November 2023 to $240000 in November 2024.

Despite the decrease in prices, the number of home sales in Franklin County has actually increased. In November 2024, there were 83 home sales, a 3.75% increase from 80 in November 2023. This could indicate a strong demand for homes in the area.

As we head into the end of the year, it will be interesting to see how the real estate market in Franklin County continues to evolve. For more information and detailed data, please refer to the chart below, available exclusively from MORE, REALTORS®. Whether you are buying or selling in Franklin County, our team of experienced agents is ready to assist you with all of your real estate needs.

Franklin County Update: October 2024 Real Estate Market Shows Decrease in Median Sold Price

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®.

Franklin County Update: September 2024 Real Estate Market Update

The real estate market in Franklin County, as of September 2024, continues to show steady growth. According to the latest data from MORE, REALTORS®, the median sold price for homes in the county was $248000, a slight increase of 0.22% from September 2023 when the median sold price was $247450. This also marks a 1.22% increase from the previous month of August 2024, when the median sold price was $245000.

The median list price for homes in Franklin County was $247450, a decrease of 0.98% from September 2023. However, despite this decrease, there were still 78 home sales in the county during September 2024. This is a decrease of 26.42% from the 106 home sales in September 2023.

The chart below, available exclusively from MORE, REALTORS®, illustrates the data mentioned above. It is clear that the real estate market in Franklin County is holding strong, with consistent increases in median sold prices and a steady number of home sales. As always, if you are looking to buy or sell a home in Franklin County, contact MORE, REALTORS® for expert guidance and support.

Franklin County Update: August 2024 Real Estate Market Trends

As of August 2024, the real estate market in Franklin County has shown some interesting trends. According to data exclusively from MORE, REALTORS®, the median sold price for homes in the county remained steady at $250,000, the same as August 2023. However, this represents a 9.26% decrease from July 2024 when the median sold price was $275,500.

On the other hand, the median list price for homes in Franklin County saw a slight increase of 1.00% from $250,000 in August 2023 to $252,500 in August 2024. This could indicate that sellers are still confident in the market and are willing to list their homes at a higher price.

Additionally, there were 106 home sales in Franklin County in August 2024, a 7.07% increase from 99 in August 2023. This could suggest that the market is still active and buyers are taking advantage of the stable prices.

Overall, while the median sold price remained unchanged, the slight increase in median list price and number of home sales in Franklin County show positive signs for the real estate market in the area. Stay tuned for more updates on the Franklin County real estate market from MORE, REALTORS®.

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

Franklin County Update Real Estate Market Update as of July 2024

According to the latest data from MORE, REALTORS®, the median sold price for homes in the franklin county update was $240000 in June 2024. This represents a 1.23% decrease from June 2023 when the median sold price was $243000. Additionally, last month’s median sold price of $240000 also saw a decrease of 5.51% compared to May 2024.

Despite the decrease in median sold price, the median list price for homes in the franklin county update saw a slight increase of 0.81% from $247000 in June 2023 to $249000 in June 2024. However, there were 14.95% fewer home sales in June 2024 with 91 homes sold, compared to 107 homes sold in June 2023.

The chart below, available exclusively from MORE, REALTORS®, illustrates the data for the franklin county update real estate market update. This update serves as a valuable tool for buyers and sellers in the St Louis area, providing them with the most up-to-date information on the market. Stay tuned for more updates as we continue to monitor the real estate market in the franklin county update.

For all your real estate needs in St Louis, trust the experienced and knowledgeable team at MORE, REALTORS®. Contact us today for personalized assistance with buying or selling a home in the franklin county update and surrounding areas.

Franklin County Real Estate Market Update as of May 2024

The latest data from the Franklin County update shows a continued upward trend in the real estate market. In April 2024, the median sold price for homes in the county was $245,450, representing a 5.34% increase from the same month last year. This also marks a slight decrease of 0.63% from March 2024.

The median list price for homes in Franklin County was $246,450, a 6.02% increase from April 2023. In terms of sales, there were 108 homes sold in April 2024, a significant 54.29% increase from April 2023.

For a visual representation of this data, refer to the chart below, available exclusively from MORE, REALTORS®. This data indicates a strong and active real estate market in Franklin County, making it a desirable location for both buyers and sellers. Stay tuned for more updates on the Franklin County real estate market.