Framingham, MA Home Values & Market Trends

Real estate market trends reflect that there have been 670 transactions over the past year in Framingham. The median value for residential home transactions that occurred over the previous year is $602,793.84. The number of current listings in Framingham is 31, and the percentage of properties for sale in the city is 31.00%. Framingham, MA currently has 31 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 31 properties for sale.

Framingham, MA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
01701

$ 611,334

$ 369/sqft

01702

$ 459,827

$ 346/sqft

Housing Market Summary for Framingham, MA

Apr 2023March 2024Change
Median Listing Price$474.9K$560.3K17.99%
Median Sold Price$543.8K$560.3K3.04%
Homes For Sale263223.08%
Homes Sold296275-7.09%
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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 Framingham, MA

Framingham home values range from $91,552 to $13,275,468. The median estimated value of a home in Framingham is $602,793.84. The median list price of a home is 499,000, and the total count of properties in the city is 18,098.

Foreclosure
There are 2 zips within Framingham, MA; within these zips, the median estimated home value for homes in foreclosure ranges from $944,250 in 01702 to the lowest value of $233,685 in 01702. Foreclosure homes account for 0.00% of properties in Framingham, MA with 01701 containing 23 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in Framingham, MA with 01701 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Framingham, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $944,250 in 01701 to the lowest home value of $233,685 in 01702.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Framingham, MA ranges from the highest value of $440,000 in 01702 to the lowest value of $440,000 in 01702. Bank owned homes and properties account for 0.01% of properties in Framingham, MA. There are 2 zips within Framingham, MA; 01702 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01701 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Framingham, MA. Auction homes and other auction properties account for 0.04% of all properties in Framingham, MA. There are 2 zips within Framingham, MA; of those zips, the median estimated home value for homes going to auction ranges from $705,254 in 01701 to the lowest value of $484,410 in 01701.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in Framingham, MA with 01701 containing 23 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Framingham, MA; homes for sale in those zips, have a range of median values from $1,360,547 in 01701 to the lowest value of $349,900 in 01702.
    Sold Homes
    The median value for recently sold homes ranges from $3,467,263 in 01701 to the lowest price of $93,680 in 01701. There are 2 zips within Framingham, MA. 01701 has 170 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.56% of properties in Framingham, MA.

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      Guide for Framingham, MA

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