Franklin County, ME Home Values & Market Trends

The median home price in Franklin County, ME is $208,210.6. There were 544 home sales in Franklin County, ME over the past 12 months. The median residential Franklin County, ME home value for transactions over the previous year is $166,850. The number of current listings in Franklin County, ME is 8, and the percentage of properties for sale is 8.00%. The county has 14 foreclosures, 3 bank owned properties, 4 headed for auction, and 8 properties for sale.

Franklin County, ME Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Kingfield

$ 284,058

$ 111/sqft

Farmington Falls

$ --

$ --

Wilton

$ 64,412

$ 56/sqft

Phillips

$ --

$ --

Jay

$ 74,520

$ 64/sqft

Strong

$ --

$ --

Rangeley

$ 265,000

$ 197/sqft

Weld

$ --

$ --

New Sharon

$ 325,000

$ 125/sqft

Temple

$ --

$ --

Farmington

$ 376,200

$ 142/sqft

New Vineyard

$ --

$ --

Stratton

$ --

$ --

Eustis

$ --

$ --

Oquossoc

$ --

$ --

Housing Market Summary for Franklin County, ME

Apr 2023March 2024Change
Median Listing Price$279K$216.4K-22.44%
Median Sold Price$224.6K$216.4K-3.66%
Homes For Sale27250.00%
Homes Sold251203-19.12%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Franklin County, ME

Franklin County, ME home values range from $17,207 to $30,996,341. Kingfield is the priciest city with a median listing home price of $407,000, and Wilton is most affordable with average house prices of around $60,000.

Foreclosure
There are 15 cities within Franklin County, ME; within these cities, the median estimated home value for homes in foreclosure ranges from $321,367 in Wilton to the lowest value of $84,314 in Wilton. Foreclosure homes account for 0.00% of properties in Franklin County, ME with Wilton containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Franklin County, ME with Wilton containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Franklin County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $154,409 in New Vineyard to the lowest home value of $84,314 in Wilton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin County, ME ranges from the highest value of $321,367 in Phillips to the lowest value of $120,909 in Wilton. Bank owned homes and properties account for 0.02% of properties in Franklin County, ME. There are 15 cities within Franklin County, ME; Phillips containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Jay has 2 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, ME. Auction homes and other auction properties account for 0.03% of all properties in Franklin County, ME. There are 15 cities within Franklin County, ME; of those cities, the median estimated home value for homes going to auction ranges from $136,724 in Wilton to the lowest value of $103,823 in Wilton.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.06% of residential properties in Franklin County, ME with Wilton containing 2 homes for sale, the highest number of listed properties in a single city. There are 15 cities within Franklin County, ME; homes for sale in those cities, have a range of median values from $376,200 in Farmington to the lowest value of $40,000 in Wilton.
    Sold Homes
    The median value for recently sold homes ranges from $529,206 in New Vineyard to the lowest price of $27,466 in New Vineyard. There are 15 cities within Franklin County, ME. Farmington has 35 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.52% of properties in Franklin County, ME.

      Compare Nearby Cities

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      Guide for Franklin County, ME

      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
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      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Franklin County, ME

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